Posts by Infinicept

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,…

By Dan Spalinger, VP of Global Advisory Services, Infinicept Not two months old, the conflict in Ukraine has left its mark on numerous areas of our globalized economy. The payments niche has not avoided this. Our first look at some of the impacts largely touched on fraudsters and other bad actors who might take advantage…

By Michael Bradley, Senior Vice President of Growth, Infinicept By now, it’s clear that we’ve entered a new era, where merchants are increasingly accepting payments through their software and technology providers. This new age of embedded payments is a massive $75 billion opportunity; embedding payments offers software providers new revenue streams and a host of other…

  There are many reasons to become a payment facilitator (payfac), not the least of which is the revenue stream it can provide. But revenue alone likely isn’t enough. Celine Kaiser, vice president of payments at healthcare payfac, Modernizing Medicine, thinks every software provider should carefully consider one question before it goes down the path…