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  3. PayFac-as-a-Service: Embedding Payments Without Building a PayFac

PayFac-as-a-Service: Embedding Payments Without Building a PayFac

PayFac-as-a-Service (PFaaS) gives software platforms and agencies the economics of a payment facilitator — merchant onboarding, processing revenue, integrated checkout — without the capital requirements, compliance burden, and 12–18 month build timeline of becoming a registered PayFac themselves. For most WooCommerce platforms and agencies, PFaaS is the fastest and most practical path to embedding payments.

What PayFac-as-a-Service Provides

  • White-label merchant onboarding: Merchants sign up and go live quickly under the PFaaS provider’s registration
  • Revenue share: Platforms earn a portion of the processing margin on their merchants’ transaction volume
  • Integrated checkout: Payments are embedded in the platform’s UX rather than redirecting to a third-party page
  • Risk and compliance: The PFaaS provider manages underwriting, monitoring, and card network compliance
  • Settlement management: Sub-merchant payouts and reconciliation handled by the PFaaS infrastructure

PFaaS vs. Reselling a Payment Gateway

Factor PayFac-as-a-Service Reselling a Gateway
Revenue model Processing spread + revenue share Referral fee or affiliate commission
Merchant experience Fully integrated, branded checkout Redirect to gateway provider
Risk ownership Shared with PFaaS provider None — gateway handles all risk
Revenue per merchant Scales with transaction volume Fixed referral fee
Support Integrated with platform support Merchant contacts gateway directly

ConvesioPay for Platforms and Agencies

ConvesioPay provides PFaaS for the WooCommerce and agency ecosystem. Agencies embed ConvesioPay into their client stack and earn recurring revenue from their clients’ transaction volume — transforming payments from a commodity into a meaningful revenue stream. Clients benefit from transparent pricing at 2.9% + $0.30 per transaction with no monthly fees, plus dedicated support from the agency they already trust.

Updated on June 23, 2026

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