OPINION: Payrix enables SaaS and ISV providers to monetize their installed client base by adding seamless digital payment processing. The Payrix solution offers two tiers of functionality starting with a basic payment integration similar to that offered by companies like Stripe. At the next level, Payrix provides a white-label payment solution allowing companies to resell and completely monetize payment capability with their clients, become full payment facilitators (PayFacs), and integrate fraud screening and on-boarding management into their offerings. The solution is accessible via API and can be fully white-labeled so that end clients interact only with their SaaS/ISV supplier which reduces complexity and cost.

USE CASE: Saas and ISV companies and digital goods and services providers looking to generate incremental revenue by offering a white-label, seamless payment processing capability to their installed base.

COMPETITORS: CardConnect, Finix, ProPay (TSYS-GlobalPayments), Stripe Connect, WePay

Representative sample of MGI 360 Ratings scoring with bar charts comparing a company vs. its peer group average in categories of Product, Management, Channels, Strategy, and Finance

About MGI 360 Ratings: MGI 360 Ratings score is a uniform 0 to 100 supplier rating system comprised of 149 unique data points. The scores condense hundreds of hours of research into simple, easy to understand ratings and recommendations to clearly demonstrate differences amongst software vendors. The overall score is comprised of five equally weighted major categories that account for up to 20 points in Product, Management, Channels, Strategy, and Finance. Learn more about MGI 360 Ratings.