logo
logo
Sign in

Relationship Between Process Model And Process Description

avatar
Agile Payments
Relationship Between Process Model And Process Description

The buzzword over the past few years for SaaS requiring a payments component has been Payment Facilitation ACH Integration, and for good reason. Payment Facilitation provides the opportunity for a frictionless boarding process. Good processing rates can be provided and there’s opportunity for revenue generation for the SaaS organization. The potential downfalls are that any SaaS at its early stage won’t typically be able to support a true payment facilitation model. You’re essentially becoming a payments company and taking on the burdens of customer support, KYC and compliance. The costs of payment facilitation can easily outweigh the advantages of frictionless on-boarding.  Click Here

collect
0
avatar
Agile Payments
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more