what is payment facilitation as a service (PfAAs)?
A flexible service model that enables your business to streamline merchant onboarding, manage payment workflows, and monetize transaction processing — without taking on the regulatory complexities of becoming a full Payment Facilitator.
how does pfaas compare?
Model |
merchant onboarding |
compliance responsibility |
Revenue Control |
Risk |
|---|---|---|---|---|
| Referral Partnership | Managed by Vecter | Vecter | Shared | None |
| Registered ISO | Shared | Vecter (Primarily) | Shared | Low |
| PayFac | Partner | Partner | Full | High |
| PFaaS | Partner (via Vecter’s tools) | Vecter | Full | Minimal |
why choose vecter?
Comprehensive Stack of merchant Services
- Multichannel Payment Acceptance of major credit card brands, debit cards, direct ACH payments, and contactless solutions for mobile wallets.
- Point-of-Sale (POS) and Hardware Integration with full support for Dejavoo P1 terminals and Tap on Glass technology powered by the iPosPay platform.
- Online Payment Integration with unified tokenization across web, mobile, and in-store payments for a seamless E-Commerce experience.
- PCI-DSS Level 1 compliant infrastructure with real-time fraud detection and velocity monitoring.
- Intuitive dashboard for transaction analytics, dispute workflows, and reporting.
Frictionless merchant onboarding
- Sub-merchants are onboarded within minutes using a white-labeled application process with automated KYC/KYB checks and underwriting.
- Vecter ensures full compliance with payment industry regulations, issuing individual MID profiles to each sub-merchant to meet acquiring bank and card brand requirements.
- Your business retains full control of the user experience, customer support process, and communication avenues.
Transparent cost structure to maximize your revenue
- Vecter offers a variety of pricing strategies tailored to your business needs with discounts at key volume thresholds and incentives for expanding into new geographical locations or verticals.
- Customize your business pricing model and transform payment processing into a new source of revenue.
developer friendly, customizable payment experience
- Vecter’s platform is built to integrate easily and grow with your business.
- We offer a robust selection of developer tools to support your integration efforts including comprehensive API documentation, SDKs, and a sandbox environment to test API calls.
- Support for embedded checkout options, hosted payment pages, and configurable payment flows.
Security is non-negotiable
- Vecter employs enterprise-grade tools and practices to ensure your data is secure.
- All data is secured using End-to-End encryption and tokenization, with vaulted payment methods stored in PCI-compliant facilities.
- Vecter maintains PCI-DSS Level 1 compliance through annual certification audits and continuous internal verification.
readily available, us-based customer service
- Talk to real experts, in real-time, to ensure your business runs smoothly.
- Dedicated 24/7, US-based support team.
START HERE FOR A FREE PERSONALIZED ANALYSIS
It was important to our Board that we work with a technically knowledgeable and customer oriented merchant services company. The Florida Irrigation Society believes that in selecting Vecter Technologies we will have one of the best in the industry to help our contractor members big and small grow their businesses.
We thought our Bank would have the best rates, but nothing could be further from the truth. Vecter came in and streamlined the way we process card transactions and the Savings was significant.
After suffering for years with credit card ‘salesman’, it was refreshing to find Vecter. Vecter’s staff are professionals that know their business and go out of their way to help me with mine. I would (and have) recommend Vecter to my friends and family.
Aside from their low rates, Vecter’s customer service has been paramount. They legitimately make me feel like I’m their only client.
We have been using Vecter Technology since I opened my studio 10 years ago. In that time their team has continuously taken care of me and my staff. They keep us up to date on technology, equipment, and internet transactions all while knowing we have the most competitive rates out there. It is nice being able to confidently ignore every other company trying to sell me on their credit card systems by saying ‘my guy has it covered’. I can’t imagine running my business without taking credit cards and I can’t imagine taking credit cards without Vecter Technology!
I have been approached by countless credit cards processors wanting our business, but when I tell them we are with Vecter, they Instantly back off. Even their competitors know how good they are at what they do!!!!!