We encourage partners to move towards payment facilitation. When you work with us, we support you with what you need. Our crawl, walk, run approach to payment facilitation is unique and helps you move closer to becoming a payment facilitator.
Get StartedCreate the foundation to offer and monetize payment services to commercial clients with Pay Theory acting as the PayFac for you.
Continue to drive net revenue, build out your merchant services, and leverage existing underwriting and compliance resources as you transition to a Full PayFac with Pay Theory’s expert guidance.
Expand the product to full PayFac status and get the most return from core competencies like Risk & Compliance, DDAs, and existing Relationships.
✓ Minimal
✓ New Tech Layer
✓ Full Underwriting Support
✓ Merchant Services Sales Support
✓ Path to top-line revenue
✓ Payments tech layer
✓ Full underwriting support
✓ Your company =mini-processor
✓ Concierge middleware
✓ Custom merchant support
✓ Full control of CX
As a Payment Facilitator, recognizing gross transaction processing revenue creates a significant new revenue stream and can greatly expand a company's total addressable market.
The PFAC model simplifies and accelerates the onboarding process for merchants, leading to quicker access to payment processing services and faster revenue generation for SaaS platforms.
The PFAC model enhances user experiences by providing seamless, integrated payment solutions that increase customer satisfaction and loyalty.
The PFAC model provides scalability that adapts to a business's growth and evolving needs, ultimately creating flexibility in a competitive market.
PFACs improve risk mitigation and compliance by centralizing underwriting and monitoring, reducing financial risks and ensuring adherence to industry regulations.
Payment Facilitation speeds up fund settlements, providing merchants with quicker access to their revenue and improving cash flow.
Pay Theory focuses on what we call “Must Pay”—industries people must access whether or not they have the money. At the top of the list stands healthcare. We are building payments not for the needs of retail or eCommerce but for the unique challenges of healthcare.
No — PayFac-as-a-service lets you embed payments and earn processing revenue without taking on full payment-facilitator status yourself. Pay Theory offers a "Crawl, Walk, Run" path: start with "PayFac on Us" (Pay Theory is the PayFac, with minimal impact on you), move through a transition phase, or eventually become the PayFac yourself — with full underwriting support, processing white-labeled "as your company," and your company controlling pricing at every stage. Pay Theory handles merchant identification, onboarding, underwriting, and compliance so a platform can go to market quickly.
The PayFac model lets a software platform embed payments directly into its product and recognize payment processing as a new revenue stream. The biggest benefits are revenue expansion and a larger total addressable market — layering payments onto software can grow a platform's payments opportunity far beyond its software alone. Other benefits include simpler merchant onboarding, a better in-product user experience, scalability, and faster access to funds. Pay Theory delivers these through a "Crawl, Walk, Run" path, starting with Pay Theory acting as the PayFac on your behalf and progressing to full PayFac status as you grow.
PayFacs simplify payment acceptance by absorbing the hardest parts of getting merchants paid. Instead of each business setting up its own merchant account, a payment facilitator handles merchant identification, underwriting, onboarding, risk monitoring, and compliance so sub-merchants can start accepting payments quickly. This streamlined onboarding and built-in risk management is what lets platforms add payments without becoming payments experts themselves. Pay Theory takes on this work for its platform partners, handling merchant onboarding, underwriting, and compliance end to end.
