Posts by Infinicept

The payments ecosystem is chock-full of words and phrases that cause confusion. People often use terms that don’t really mean anything specific. Or the terms might mean different things to different people, depending on the context. Or different card brands can use different terms for the same thing. This can make understanding the industry needlessly…

By now, the idea of software-led payments has reshaped the way we think about payments so much, it may be easy to forget how revolutionary it really was. The rise of embedded payments opened the door to offering even more financial services through software platforms, and the space has since become the darling of the…

Why Would You Want to Own Your Merchant Data?   Software companies choose to embed payments into their platforms – rather than having third parties manage their payments through referral agreements – to advance a variety of goals. They might want to increase their revenue or improve the payments experience for their customers. A desire…

If you’re thinking of adding payments to your platform, you have probably heard about the need for payment gateways. But you might also have heard the term payment service provider. Are they the same thing? And if not, what’s the difference? Many times, the same payments industry function can legitimately be referred to with different…

We’ve come a long way in a short time. In just a few years, the world has changed more than anyone could have imagined. Every business and industry has experienced new challenges in the face of uncertainty, and at the same time many have come into exciting opportunities. Perhaps no one saw the pandemic coming,…

For many software companies, becoming a payment facilitator, or Payfac, is an opportunity to benefit from a new revenue stream and gain more control over the customer experience. But because payments are outside the typical software company’s core offerings and expertise, bringing them in-house can seem daunting. What does it really take to become a…

Payment facilitators – also known as Payfacs – operate in cooperation with acquiring banks, card networks, and the regulators who oversee the payments system. All of these entities share a responsibility to protect the security and safety of the payments ecosystem, and Payfacs are a unique operating category with their own associated requirements. Where does…

By Dan Spalinger, VP of Global Advisory Services, Infinicept It has been said that history doesn’t repeat itself, but it does rhyme. So it is with card brand rules. What one major brand views as a needed control or mandate is often repeated – perhaps with a nuanced spin – by another. In early 2020,…