new Infographic: Learn all about the Power of the PayFac Model
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Menu
  • Payment Solutions
    • Integrations
      • Online – API, hosted online form, plugins, and more
      • Mobile – Integrate payments within POS apps using our SDK
      • In-Person – POS integrations and pre-certified terminals
      • Unattended – Harness our integrations for sleek unattended hardware
    • Products
      • Cardknox Go (PayFac) – Become a Payment Facilitator, without the hassle
      • Merchant Portal – Online platform for seamless management of payments
      • Mobile App – Mobile point-of-sale solution for iOS and Android
      • iFields – Design secure online payment forms
      • Partner Portal – ISV platform for managing merchant accounts
    • Features
      • Credit Card Processing – Process EMV, magstripe, and NFC credit cards
      • SNAP EBT Online – Accept SNAP EBT online payments.
      • Recurring Payments – Create automated payment schedules
      • ACH Direct Debit – Accept electronic money transfers
      • EMV – Easily integrate EMV processing, no matter your system
      • 3D Secure 2.0 – Reduce fraud and chargebacks online
      • Contactless Payments – Pre-certified NFC readers and terminals
  • Developers
    • Documentation – No payment integration is too complex.
    • Developer Hub – Get the tools and resources to integrate Cardknox payments
    • Partner Program – Best-in-class payment processing solutions for your merchants.
    • Merchant Benefits – An extensive lineup of robust, omnichannel solutions for every sales and invoicing channel.
    • Integration Support – Ask us anything, we are here to help.
  • Company
    • news2Resources
      • Blog – Read articles on Cardknox thought leadership and solution announcements.
      • White Papers – Get a comprehensive look at industry trends.
      • Brand Guidelines – These brand resources will help you use Cardknox content and our brand.
    • Contact-usCompany
      • Become a Partner – Best-in-class payment processing solutions for your merchants.
      • Contact Us – Tell us about your payment needs.
      • Careers – Explore our open positions to discover a challenging, rewarding career.
Cardknox PayFac Infographic

Power of the PayFac Model

Varone2022-06-30T11:30:03-04:00
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Download .PDF

PayFac-as-a-Service (PFaaS) models like our Cardknox Go solution deliver tremendous value to businesses that want to integrate payments into their offerings, including instant merchant onboarding, more control over the customer experience, and increased earning potential. However, it can be challenging for clients to fully understand the ins and outs of the PayFac model. Keep reading to learn more about how PayFacs work and what their core benefits are!

What is a PayFac?

A payment facilitator is a merchant services provider that enables businesses to process credit card payments. An increasing number of ISVs and SaaS providers are becoming payment facilitators so that they can provide their clients with streamlined account onboarding and integrated payment processing features—all while growing their own revenue.

How Does it Differ from the ISO Merchant Services Model?

With a typical ISO model, your clients work directly with the payment processor to onboard and register to process payments. Together, ISOs and ISVs share in the revenue generated from processing fees. In contrast, a PayFac builds and maintains its payment infrastructure to interact directly with clients and control the user experience. PayFacs enjoy the opportunity to earn more revenue — however, they carry the increased costs and risks associated with payment processing.

CardKnox PayFac Infographic-trad merch vs payfac 1
external

The Growth of PayFac-as-a-Service

The traditional path to becoming a PayFac is complex, costly, and risky—requiring significant overhead costs and years dedicated to building a PayFac infrastructure from the ground up. ISVs choosing this path need to develop software, become compliant with numerous regulations, and carefully oversee risk management.

To simplify the PayFac journey for ISVs, payment solution providers like Cardknox offer the PayFac-as-a-Service (PFaaS) model. PFaaS products like Cardknox Go are out- of-box solutions that equip businesses with everything they need to become PayFacs: software, compliance, risk monitoring, and so much more.

How to Become a PayFac

CardKnox-PayFac Infographic-trad vs pfaas

Benefits of the PayFac Model

  • High Earning Potential
  • Rapid Onboarding
  • Simple Flat-Rate-Structure

Benefits of the Cardknox Go PFaaS Solution

All the benefits of the traditional PayFac model, plus:

  • Rapid Time-to-Market
    (months rather than years!)
  • Reduced Risk Burden
  • Easy Integrations That Minimize Scope of Development
  • Advanced Payment Technology for In-Store, Online, & Mobile
  • Greater Control Over Sub-Merchant Boarding & Payouts
  • Industry-Leading Customer Service

$15 Billion

Expected revenue generated by PayFacs in 20251

14x

Potential Increase in Revenue for SaaS Providers Who Become a PayFac 2

127x

Potential Increase in Valuation for SaaS Providers Who Become a PayFac

2010

The year the first PayFac program was launched by Mastercard 3

Interested in becoming a PayFac?

Partner with Cardknox for the most hassle-free experience and generous revenue-sharing opportunities.

Visit cardknox.com/cardknox-go.

Ready to improve your payments management experience?
Get started

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