Establish your own payment facilitator service complete with a dedicated payment team at your disposal, all operating under your unique brand
PayFac as a Service
What types of businesses can benefit from PayFac as a Service?
Broaden your business’s horizons by introducing state-of-the-art technology tailored precisely to the requirements of a particular niche in new global markets.
Access 450+ Payment Connectors With a Single Integration
Unlock the potential of 450+ ready-to-run integrations to banks and payment options, and seamlessly integrate your existing ones for smooth transaction processing. Benefit from swift integrations, tailored adaptations, and the ability to link banks, merchants, and alternative payment methods (APMs) within a fortnight!
A System That Is Truly White-Label
Tailor every aspect of the payment system to your brand. Customize the payment page and admin panel URLs, logos, buttons, and reports to mirror your company’s identity.
Reporting and financial control with ease
Make data-driven decisions. Enjoy the comprehensive transaction reports, calculate your merchants’ fees, create settlements, and perform efficient reconciliation with the help of advanced analytical and billing module.
Features of PayFac as a Service from Akurateco
Elevate your transaction approval rate, effortlessly oversee multi-channel transaction flow within a unified platform, and formulate informed business choices using our cutting-edge payment solution.
A Dedicated Payment Team
Having a specialized team of payment professionals can be vital for seamless collaboration. Prioritizing punctuality, we leverage our extensive expertise and robust technology to guarantee a satisfying customer journey right from the outset.
Supercharge Conversions with a Best-in-Class Checkout Experience
Exponentially grow your conversion with our secure and easily customizable payment page. Build customers’ loyalty with a smooth transaction flow on any device.
Localized payment methods
Automatically present the most relevant payment options based on the user’s IP address or selected language.
Proper multi-device experience
Ensure a responsive design that works flawlessly across desktop, tablets, and mobile devices.
Alternative payment methods
Dynamically offer mobile wallets, Buy Now Pay Later (BNPL) providers, and other APMs based on user behavior.
Network tokens
Improve conversions by securely storing and automatically updating card details for frictionless recurring transactions.
Complete customization
Fully align the checkout with your brand using SDK tools. Customize not only colors and logos but also directly embed the checkout within your existing design, host it on your own domain, and eliminate redirections for a fully native user experience.
PayFac as a Service by Akurateco
Harness the power of technology. Leveraging over 15 years of expertise in the payments sector, Akurateco crafts and manages a reliable, seamless payment platform for uninterrupted transaction flows.
SAAS or On-premise
Flexibility is key. Our system can be configured as a SaaS payment platform or deployed On-Premise across various cloud options like Azure, AWS, Oracle, and Ali-Baba. We offer PCI DSS certification assistance and ensure consistent updates.
Designed for high loads
Our platform is engineered with cutting-edge technology, ensuring seamless handling of high transaction volumes. An automated monitoring system with instant notifications is in place to swiftly address critical situations.
Uninterrupted 24/7 Operation
Rest assured our SLA-backed agreement ensures 99.9% system availability. Our dedicated support guarantees high-quality assistance whenever you need it.
Agile and Scalable Architecture
Our system is designed with microservices, ensuring optimal scalability and rapid development.
Continuous Enhancement
Expect free monthly updates that introduce fresh features aligned with market needs and tailored to client specifications.
FAQ
What is PayFac-as-a-Service?
PayFac-as-a-Service refers to providing payment processing software for companies entering the payments market. Sometimes merchants who are seeking payment processing functionality refer to it as to PayFac but it’s not very accurate. This solution, like Akurateco’s, facilitates payment transactions smoothly through multiple connectors united in one system.
What is an example of a PayFac?
Akurateco is a great example of a PayFac, offering PayFac-as-a-Service to businesses. We provide a complete branded as a white-label payment processing platform, helping companies manage transactions efficiently.
How PayFac as a Service Works
PayFac as a Service, like Akurateco’s offering, provides businesses with ready-made payment processing software. Companies can integrate this solution into their platform, allowing them to offer seamless payment processing to their customers.
How long does it take to become a PayFac?
Becoming a PayFac varies depending on factors like regulatory requirements and technology setup. With Akurateco, you can access PayFac functionality quickly, with efficient onboarding and integration processes.
What is the difference between a PayFac and ISO?
The difference lies in their roles. A PayFac, exemplified by Akurateco, provides a complete payment processing solution, while an ISO (Independent Sales Organization) serves as a middleman between merchants and acquiring banks.
Why is Payment facilitation as a service the best choice for my platform?
Opting for Payment Facilitation as a Service, as offered by Akurateco, allows your platform to offer robust payment processing without the complexities. This ensures smooth transactions, efficient onboarding, and a seamless payment experience for your users.
Need Further Clarification?
Explore our comprehensive guide on starting a payment facilitation business, or book a call to experience the system firsthand.