The PayFac model is leading a revolution in how payments are powering the digital economy. At the center, lies the ability to embed payments into nearly every workflow for customers and businesses. PayFacs are changing how and where commerce can be conducted, the types of players that make it possible and the innovative business models that now enable it.
The latest PYMNTS Intelligence report, The PayFac Economy and the Embedded Payments Revolution, a collaboration with Carat from Fiserv, details the PayFac ecosystem and offers a paint-by-numbers explainer about how it is moving commerce increasingly online. This report examines how PayFacs power embedded payments, changing the game for merchants and marketplaces and unlocking new sources of value for businesses.
Inside the report:
- Unlocking Opportunity: PayFacs’ embedded payments tools allow businesses to reach new markets and customers at scale
- Wave of the Future: PayFacs are helping advance commerce and expand the digital economy
- Data Insights: PayFacs enable merchants to collect data on how consumers use and engage with businesses
The game has changed, thanks to PayFacs. Seamless embedded payments experiences are no longer the exclusive realm of megabanks and tech giants. Drawn from the insights of 282 PayFac, ISV and marketplaces executives, download the report for more information about how payment facilitators can help businesses harness new growth and monetization made possible by embedded payments.
To learn how Embedded Payments from Carat can help your business modernize money movement and turn payments from cost centers to revenue drivers, contact a Carat expert today.
