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Finix
@finix
Finix makes it easy for software platforms of all sizes to process payments while increasing revenue and reducing cost.
San Francisco, CAfinix.comJoined October 2016

Finix’s Tweets

Embedded payments give you the ability to white label the onboarding and payment experience. But some companies consider this purely a bonus when compared to the additional revenue. Check out how Finix can help your platform grow. bit.ly/3zhOLuG
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“Interchange” is often used to describe either the entire MDR or all the components set by the card networks (i.e. Interchange and Assessments). But that’s not right. We take the mystery out of interchange and break down payment processing fees. bit.ly/3AIhGJu
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SaaS companies focused on a specific vertical are presented with a conundrum once they get to a certain scale. As they grow, the subscription-only revenue that fuels early growth limits future growth rates. The answer to this conundrum? Embedded payments. bit.ly/3B09nZV
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We partnered with Flagship Advisory Partners on their recent white paper about the different payment facilitation options available. As you can see from this graphic, Finix offers the most optionality to SaaS platforms. Read to learn more: bit.ly/3iNGQQr
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While the terms embedded and integrated payments are often used interchangeably, there is one technical, but important distinction between them—merchant management. Read our latest blog to see how this one difference could help your payments business.
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Merchant onboarding is a critical first step in every platform’s payments journey. Why? Because this is when a merchant is underwritten and what allows your business to accept card payments. Read this blog to find out more. bit.ly/3e9NTQX
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The major card brands have varying degrees of participation when it comes to L2/L3 processing. So, even if a transaction qualifies for L2/L3, you may not receive a lower interchange rate if a customer used a specific card. Learn more in this blog. bit.ly/3Sn6p76
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When it comes to onboarding, PayFacs and ISOs are like night and day. PayFacs manage the entire application and onboarding process. After an ISO signs on a merchant, they pass the baton to a processing partner. Click to learn more. bit.ly/3IQNaiK
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L2 and L3 payment processing can lower interchange rates. Score! But before you get too excited, you’ll need to make sure your business qualifies. Luckily, the requirements for L2/L3 are pretty straightforward. Check out this blog to find out more. bit.ly/3fao2c1
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Did you know that most outages result in $100K in losses and as much as a million or more in some cases? This blog talks about how payment processing outages affect your brand’s reputation, as well as common causes for outages and how to mitigate them.
We’re proud to be named as one of Comparably’s best 100 companies for diversity for small & mid-sized businesses in 2022! 🎉 Check out the full list and learn about the methodology behind the ratings. bit.ly/3FzlIVp
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Interchange fees are paid to the issuing side of the Payments stack. These fees are set by card networks & are non-negotiable. However, certain variables can affect Interchange, such as card or transaction type, MCC, & Level 2/3 data. bit.ly/3O11Xbr
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SMBs make up more than 99% of U.S. businesses and over 50% of them use at least 5 SaaS apps. Because of this, vertical SaaS platforms scale quickly but can also plateau at a certain level. bit.ly/3OcFloA
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Last chance to reserve your seat for tomorrow's webinar with Finix’s Director of Product Marketing Stephanie Nehmens! You'll get to watch a live demo of our newest features and get an exclusive inside look into what's coming next! Dec 8, 2022, 2:00 PM EST bit.ly/3Bh2Glk
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Each layer of the payments cake has a distinct “flavor” but the recipe requires all the ingredients for the cake to “rise.” Can you tell we like cake? In this blog, we’re demystifying the payments stack by breaking it down layer by layer. bit.ly/3c93E9q
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An alternative payment method or APM refers to payment types other than major credit cards, debit cards, cash, or checks. This mainly includes digital payment methods, but can also include options like prepaid cards. Learn more in this blog. bit.ly/3D3aQ2z
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We’ve updated our Guide to Payments for SaaS Platforms! What's inside: - Payment strategies that can increase your revenue outside of subscriptions - The impact SaaS has on the market - Popular payment models, and more. Check it out!
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Dine Out represents the ISO model. Every part of the payment process is managed by a 3rd party, just like how dining out is managed entirely by a restaurant. If you want more control over your payments, read this blog to see which model is best for you. bit.ly/3v1sleF
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PayFacs let you start accepting payments quickly and take more control of your customer experience. You also have the benefit of not having to switch to a different provider when you outgrow your current payment model. Check out this blog to learn more. bit.ly/3RMppfH
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While it may seem counterintuitive, we’ve seen SaaS platforms achieve great success by giving away their software for free or at a reduced cost and focusing only on monetizing payments. This has several benefits and is worth considering. Find out why. bit.ly/3IN3DV3
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Leading companies across industries are using AI to improve their products and customer experiences. AI is also playing a key role in fraud prevention, efficiency, and regulatory reporting in the payments space. See how. bit.ly/3cpVHNw
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Most SaaS platforms love the pizza delivery model (outsourcing to a PayFac), but for those that want even more control and are willing to take on more responsibility, the take & bake model (aka becoming a PayFac with a partner like Finix) is the way to go. bit.ly/3RN0skr
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At Finix, we work hard to ensure you're positioned to reach your goals from day 1. We support you through every stage so you don’t have to switch to another provider later. We even help you become your own PayFac when/if you’re ready. bit.ly/3RNla3m
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The holiday shopping season is just around the corner. Are you ready? In our latest blog, we're covering how payment processing outages affect the customer experience, along with common causes and ways to prevent or mitigate them. Check it out! bit.ly/3X4h0Ha
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The issue with the early ISO model was that it was difficult to control both the merchant and consumer experiences as platforms had no control over the onboarding of their merchants. Payment Facilitators can solve this problem. bit.ly/3AX0Re1
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Real-time fraud monitoring saves you and your customers money by reducing disputes. This results in fewer chargebacks and chargeback fees. In this blog, you'll learn all about disputes and how to prevent them. bit.ly/3CsR7c9
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With more than 80% of U.S. payments being made via credit card, debit card, or digital wallet and card volumes expected to hit the $8 trillion mark soon, integrating payments is becoming a gold standard for SaaS platforms. See why. bit.ly/3B13Phu
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We’ve updated our Guide to Payment Processing Fees! You’ll learn about the payments layer cake and the players involved, what makes up a payment processing fee (hint: it's more than interchange), merchant category codes and how they affect rates, and more.
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A recent Nilson report found that fraud rose more than 6% in 2020 from 2019, with the U.S. accounting for 35.83% of cases. Find out how real-time fraud monitoring can help you reduce disputes and protect your platform from fraud. bit.ly/3ADYCL1
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Payment facilitator or payment aggregator—which one’s right for your business? ¯\_(ツ)_/¯ With all the options out there, it can make choosing a payments partner difficult, if not downright confusing. In this blog, we help clear the air.
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Autonomy creates rockstars in the workplace. Oscar Barillas—Director of Product at Finix—is a shining example of this. Read about how Oscar takes advantage of autonomy in the workplace and how Finix enabled him to grow into the position he’s in today. bit.ly/3shUnRy
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