ISVS, Processing Costs and Software & Service Providers

ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators

Stax

FEBRUARY 15, 2024

In this article, we’ll break down two popular terms used in the payment processing industry—ISV and PayFac —and see what they exactly mean. TL;DR An independent software vendor (ISV) develops and sells software applications independently of hardware manufacturers. What Is an ISV vs PayFac?

ISVS

ISVS Facilitators ISOs Payment APIs and Integration

What Is an ACH Payment Facilitator?

Stax

JANUARY 17, 2024

ACH transactions are one of the fastest-growing modes of electronic payments in the world due to the convenience they offer, low processing costs, and enhanced security. After this, it usually takes about 3-5 days to get approvals post the underwriting process. On the other hand, ACH PayFacs process payments directly.

ACH

ACH Facilitators ISVS Payment APIs and Integration

Payments Space

ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators

What Is an ACH Payment Facilitator?

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