Payment Facilitators (PayFacs) are specialized companies that offer platforms for independent software vendors (ISVs) and other businesses to accept payments online. If you sell any products or services online, not only will payment facilitation make it easier to process payments, but you can also monetize such payments.
For some time now, Stripe has been one of the most popular PayFac providers, but there are other equally amazing platforms.
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In this article, we’ll check out these platforms so that you can have a variety to choose from if you want. Let’s dive in!
If you’ve been looking for a Stripe alternative wrinky that is not as expensive, this should be the one. Tilled offers you a profit-friendly 0.07% + $0.05 payment facilitation model for one major reason: The team at Tilled understands that as your business grows, then Tilled will grow with it. What’s more, if you’re able to make better profits from Tilled’s revenue shares than with any other PayFac, then you’ll more likely recommend Tilled to your friends – A win-win situation for all parties.
But there’s more. Tilled offers a fully managed payment facilitation plan and is unbelievably easy to set up and integrate with payment methods such as Apple Pay®. As if that’s not enough, you get better insights into various elements of your payment model thanks to detailed reports and a rich dashboard. Simply put, Tilled is the best stripe alternative if you are looking to concentrate more on your business and increase your profit margins.
2. Stax Connect
Stax Connect is the perfect payment facilitation platform for ISVs that are looking for easy integration. Offering a developer-friendly API that allows for a single integration and thus access to best-in-class tools, online merchants will find it undeniably easy to accept and process payments.
And it’s not just the ease of payment acceptance and processing. Stax Connect also promises to offer PayFac services without the monetary and time expenses that are associated with the “PayFac in a box” models. You even get detailed insights that will help you make informed decisions so that you can grow your business.
3. Square Payments
Square Payments promises to help you accept payments with great speed and ease while assuring you security. In addition, they offer a seamless way to produce, send, and track the invoices that you send to your customers.
You can accept card payments whether you are selling at your store or on the go – no complex process to go with that. And with the promise that there won’t be any extra fees, tricks, or long-term contracts, Square Payments should be networthexposed a good choice if you prioritize peace of mind.
This is an All-in-One payment facilitation platform that makes it possible for businesses to accept mobile and online payments on a global scale with unmatched ease. Whether you need a solution that supports payments for a one-time e-commerce or subscription-based model, BlueSnap has got your back.
You will be able to create amazing invoices and track them depending on the needs of your business. What’s more, this PayFac also offers additional services such as payment collection, automatic charging, and application of late fees. There’s even a customer portal to help you manage payments with ease.
Adyen is a PayFac provider that offers multiple solutions in one. These solutions include data management, financial management, and end-to-end payments. Thanks to this setup, you will be able to improve your payment acceptance and processing to the level that you desire.
With Adyen, you can access payment services that include a payment gateway for all your online payments, integration for mobile or in-app transactions, and a point-of-sale system for in-person payments. In addition to that, your business will be able to handle a wide range of payment methods such as digital wallets, debit cards, credit cards, and even direct debits.
Upgrade your payment model with Payment Facilitation
If you’ve been looking for a PayFac sdasrinagar provider to replace Stripe, the ones mentioned in this article should be great choices.
As the Tilled team, we believe that our pricing model should work for all kinds of businesses, whether large or small.
Additionally, we are a team of experts that is dedicated to seeing your business succeed. For this reason, we are always ready to listen and help whenever you need our input.
So if you’re ready to take your business to the next level, engage us and let us walk that journey with you.