Payment Facilitation

Improve your project management software by becoming a PayFac

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Project management software helps people work and collaborate on tasks and deliverables. However, the better ones also automatically reschedule tasks that fall behind on deadlines, generate invoices and incorporate a billing system. The project management software market is very competitive, and standing out from the crowd is difficult. Offering payment facilitator (PayFac) functions is a great way for you to stand out from the rest. By becoming a PayFac, your project management platform will evolve into a more complete software. We can help you make that upgrade by pairing you with our expertly vetted PayFac providers. Feel free to contact us through the contact form at the bottom of this post any time. We will, of course, get back to you as soon as possible! We’ve also created a resource for you if you’d like to know some basic information on how SaaS payment facilitators work. In the meanwhile, read Read more

Payment Facilitation

PayFac benefits for accounting software

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The impact that accounting software has had on businesses over the past several years has been tremendous. As more and more services become easily accessible online, traditional software services like accounting software now have high profile examples, like QuickBooks Online and Freshbooks. This is not too surprising, as reliable accounting systems are essential for any business. One feature that has become expected among accounting software end users is the ability to seamlessly generate invoices and accept credit card payments through their bookkeeping software. SaaS companies continue driving innovation with the incorporation of payment facilitator functionalities. Previously, many small businesses needed traditional merchant services in addition to their accounting software. As more accounting SaaS companies add PayFac functionalities to their software, this is no longer the case. For your client’s benefit as well as yours, you can now easily add PayFac capabilities into the software that your clients are already familiar Read more

Payment Facilitation

Improve your invoicing software with PayFac

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If you run an invoicing software company, your clients not only want to be able to send and manage invoices, they very likely want clients to be able to easily pay invoices upon receipt. Adding a payment facilitator based “get paid now” feature to your invoicing software is a great way to accomplish this. When your invoicing software is set up with PayFac, you will stand out from the crowd. This will ultimately help improve retention rates while simultaneously assisting you in gaining new customers. Including PayFac features will boost your overall invoice Software as a Service (SaaS) business. After all, more and more businesses are dependent on cloud computing and other SaaS products. This is not surprising, as it offers a myriad of advantages to practically any industry. Invoicing and billing software, in particular, has brought great advantages to many kinds of businesses. Even with traditional software, online invoicing Read more

Payment Facilitation

How the PayFac model can greatly improve your shopping cart software

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If you’re offering a shopping cart solution to online stores, then you will need a safe, natural way for your clients to process payments. A payment facilitator, or a PayFac, is a great way to achieve this. It will set you up with a sub-merchant account platform that eliminates the time-consuming process of each of your clients having to get a traditional merchant account. However, finding the right PayFac provider, who can help you integrate this into your services, isn’t always straightforward. You can become a white-labeled PayFac without set-up fees, and without taking on liability for your client’s unpaid refunds and chargebacks, if you know the right providers. By partnering with one of our payment facilitator providers, you can easily have all the benefits of being a PayFac, and implement a white-label sub-merchant functionality to your shopping cart platform without huge costs or risk. This will give your client’s Read more

Payment Facilitation

Be the PayFac for your auction and marketplace clients

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If you own an auction site or online marketplace, there are multiple benefits to becoming a payment facitator- both for you and your clients. Auction and marketplace forums rely on tested, thoughtful online software to provide buyers and sellers with a great user experience. However, for many auction and marketplace forums, there aren’t that many great alternatives that allow sellers to accept credit card payments easily while also generating additional revenue for the auction site owner. Get in contact with us to get started as a low-risk payment facilitator so that you can offer the ability to accept payments to all your auction and marketplace clients.  Ready to get started?  Contact us now if you’re prepared to begin processing payments for your clients.  Read on below to learn more about becoming a PayFac. Your auction site or marketplace sellers can benefit, and you can increase your site’s recurring seller rate.  Sellers Read more

Payment Facilitation

Payment facilitation and franchise software

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Franchising is a growing trend across many industries, and franchisers rely heavily upon well-developed software to aid the management and operation of their many franchisees. Another recent trend over the last few years is the increase in software companies who become payment facilitators, or “PayFacs”. At AddPaymentsNow, we specialize in pairing software companies with PayFac providers. With our expertise, you can expand upon your current franchise software by offering payment facilitation to your various franchise clients. You might be wondering how becoming a PayFac can help you and your franchise clients, so please read on below. How becoming a PayFac helps franchise clients An integral part of the franchiser to franchise relationship is an internal system that enables secure communications, reports, and operations between the different branches. However, more likely than not your current franchise clients are relying upon a third-party payment specific software to accept payments. This can result Read more

Payment Facilitation

How payment facilitation helps home service software

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Providing home service clients an option to accept payments directly through your home-service software platform is without a doubt beneficial for all involved, but why? Home service businesses that benefit from specialized software range from lawn care and housekeeping to pest control and plumbing and make up a varied industry. What these businesses have in common is that they operate with many different payment models for their services. They also organize their services and products for a significant number of customers at any given time, accepting payments from within the software they already use can be a huge benefit to them. While those who work in home service businesses may be familiar with your software, few are overly keen on establishing too many accounts with different software products. Which is why their familiarity with your software, managing their business and appointments, is such a benefit. This makes your platform the clear choice for Read more

Payment Facilitation

Non-profit fundraising software and PayFacs

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Non-profit fundraising software has changed how charities operate, and for the better. The ability to donate online, instantly, is a convenience that many donors use almost every month. In fact, even as a small fundraising software provider, enabling your clients to be able to accept payments on your e-commerce platform is now easier than ever thanks to PayFac providers. The ability to leverage the interface you already have and integrate a payments feature using simple API’s makes adding payments easy. This is particularly great news for small online fundraising organizations. They must keep the complexity down, and giving up, as much as possible to help the many in need. This is what becoming a PayFac makes possible for your software clients: quick setup, low to no setup cost, and low transaction charges. But first.. Can becoming a PayFac help my fundraising platform? In the past, if your clients had a Read more

Payment Facilitation

How payment facilitation adds value to health and wellness software

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Adding an accept payments feature to your health and wellness software can have a massive impact on your software business’s profitability and client retention.  There are few industries in the modern economy as consistently popular as health and wellness. As technology has improved and expanded with enormous new possibilities, software companies and platforms now cater to these businesses more often. Tech makes it easier for clients to synchronize and set up appointments, manage inventory, organize services and classes- the list goes on.   There are, however, not as many software companies that grasp the opportunity of offering a more complete service, which includes payments. Catering to the health and wellness industry should also involve offering PayFac services. This can be particularly useful for gym or yoga memberships, wellness subscription businesses, as well as one-time services (think salons, chiropractors, massage & spa businesses). There are plenty of ways that becoming a Read more

Payment Facilitation

PayFac benefits for online scheduling software programs

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Becoming a PayFac, short for payment facilitator, has great advantages for scheduling software providers looking to add a payments feature to their software platform. There are nearly as many benefits to becoming a PayFac as there are varieties of software types and industries that stand to gain from them. Scheduling software, which caters to a wide range of businesses, is one of the primary business types that benefits. Your scheduling software clients will benefit from the ability to synchronize and schedule appointments and services for their clients and in-house teams while also accepting payments for services quickly, efficiently, and from within your platform. The payment piece is one opportunity that many companies offering online scheduling software haven’t quite taken full advantage of yet but now can with little hassle, by becoming a no risk PayFac. Adding payment facilitation for your clients through the scheduling software you already offer allows for a more comprehensive range Read more