Split Settlements for PayFac Merchants

One important feature of the Payfac-in-a-Box™ platform is our ability to offer split settlements for PayFac merchants in disbursing funds. This is done by authorizing the full amount and then settling the payments into two different bank accounts. It’s a function often used to satisfy payments to multiple sources, as in the case of a…

How Payment Facilitation Works for Real Estate SaaS Applications

Property management applications and property management SaaS providers are perfectly suited to integrate with a payment aggregator or PayFac, aka Payment Facilitator, because their requirement for a simple way to process on-going monthly payments is essential to their business model. And an integrated payments solution – such as Payfac in a Box™, easily solves for that need.…

The Cryptocurrency Conundrum Part 1 | What is cryptocurrency and how/why did cryptocurrencies emerge?

The first product that thrust cryptocurrency into relevance and the public conversation was Bitcoin. Satoshi Nakamoto originally designed a solution with one main goal: to develop a peer-to-peer electronic cash system. In other words, an electronic way for one person to pay/transact with another person.  Because of many previous attempts (and failures to create a…

Payment Automation

Reporting and Reconciliation All-In-One Platform

One of the major pain points merchants have are around reporting and reconciling transactions against customer/patient records. Our Payfac in a Box™ solution solves for this by syncing the transaction data from processing to your software’s AR system to make it a seamless all-in-one system. Let’s dig into the details. With Payfac in a Box™…