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