Payment facilitation has many benefits for software solutions. Think of our suite of APIs to integrate payments into your software like Stripe for Practice Management and Enterprise Software systems. Our Payfac in a Box™ solution delivers a full suite of API calls by transaction type in each language so developers can easily cut and paste the code segments you need.
We enable all major card types Visa/Mastercard/Discover/Amex as well as ACH, E-check and even Electronic Bill Pay Presentment (EBPP) through one interface! We also have a full electronic bill presentment and payment (EBPP) platform that allows you to pick and choose the functionality you need to build a full circle billing and collections integration. Learn more about our Singular BillPAY EBPP solution now.
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OUR EXPERTISE = YOUR ADVANTAGE
Why partner with us?
Simple. To avoid the risk, hassles, and expense of taking payments directly yet enjoy all the benefits of the payment facilitation model through Payfac in a Box™.
WHY INTEGRATE PAYMENTS INTO YOUR SOFTWARE?
Make Your Users Stickier
Be more competitive because processing payments and recording the transaction data right from within the platform is something end-users want.
Easy Additional Revenue Stream
Software payments integration partners earn a generous piece of the processing revenue that their software users generate through the integration. All payment API providers don’t offer revenue share, but we do offer it here at Singular Payments!
Enables Software Users to be PCI Compliant
With a PCI compliant payment integration, our partners can provide this invaluable feature as a big value add to their product offering. All transactions flow through a secured iFrame so the data is never out of PCI scope.
Full Circle Experience for Users
By integrating payment processing into your software solution you become the one-stop-shop for the end-user which helps streamline business operations and billing for the businesses using the software.
THE 4 BENEFITS THAT SET PAYFAC IN A BOX™ APART
The friction of the onboarding and completing custom merchant applications for each merchant when your software has hundreds or thousands of them to board onto a payments platform is a huge headache. We can quickly and efficiently onboard thousands of merchants at a time through our payment facilitator API. Through our API your sub-merchants are onboarded and ready to process instantly once they click ACCEPT on the terms and conditions documents which will be emailed to them. Everything is hosted on your site, so there is no interaction with us, and the customer experience remains within your platform. This ensures that your investment in time and energy to work with us to create a custom payments integration will be successful. We also have a team of in-house expert payments sales and customer support specialists to assist any merchants by phone who need extra help understanding the Terms and Conditions and accepting them to start processing. We support your onboarding efforts from A-Z.
Everything is hosted on your site through our secure iFrame, so there is no interaction with us, and the customer experience remains within your platform. This ensures that your investment in time and energy to work with us to create a custom payments integration will be successful. We also have a team of in-house experts who handle sales and customer support to assist any merchants by phone who need extra help understanding the Terms and Conditions and accepting them to start processing. We support your onboarding efforts from A-Z to get to 100% adoption.
With the payfac model, you can enable an API for contracting and onboarding your customers for payment acceptance at the same time you are configuring your software for them. Again, our API allows you to configure this payment enablement inside your unique workflow.
One of the big challenges software developers don’t fully understand is the complexity of settlements and disbursements due to increased regulatory scrutiny. FTC, AML, NACHA, ODFI, CFBP, MTL implications (by state) are some of the regulatory bodies that patrol anyone who is handling or in the flow of consumer funds. Not to mention getting underwritten by a Bank (ODFI), if you want to receive all the funds and disburse them yourselves which just puts you in the banking business. BO documentation and reporting around funds flow becomes extremely important. That is why we offer the flexibility for settlements & disbursements to go to the Bank Accounts (DDA) needed without you having to take on any of the liability, risk, and unnecessary regulatory oversight.
As a full-service payment facilitator we provide processing details by tender type, amount processed, the number of transactions, date processed, etc. and deliver files via CSV or other raw data formats for you, the software developer, to consume and display in your accounting module.
Our payment facilitator API is delivered through an iFrame that keeps card data out of your website, software, and hosting environment, so there is nothing PCI sensitive passing through your or your merchants’ environment. Tokenization allows you to store a value that represents the card number/expiration for recurring payments to be able to happen again without card numbers, expiration dates, and other PCI associated data entering into your software, databases, or network.