Illustration of an old credit card swipe machine

Payment Facilitation

What is a Payment Facilitator?

What is a payment facilitator?

Simply stated, a payment facilitator is a technology company that provides a payments solution to the sub-merchants it sponsors or underwrites.

The solution, provided by the payment facilitator, simplifies the process of accepting payments for it’s sub-merchants. This payments solution:

  • streamlines the underwriting process
  • insulates the sub-merchant from onerous compliance responsibilities
  • greatly simplifies the funds settlement process so that the effort required for reconciliation is significantly reduced

To learn more, get in touch with one of Finix's payment specialists here.

Key Players in the Payments Industry

The payments landscape is dense. Who knew there was this much complexity involved behind the simple act of swiping in-store or inputting a card online?

You may recognize some of the names in the visual below. This is how all the different companies within the “payments industry” interact with one another. We call this the Payments Layer Cake.


There are a variety of different payment strategies that companies can leverage, depending on their size and the way they serve customers. Small businesses relying on simple transactions can be conducted by partnering with a Stripe or Square. Large organizations that are processing millions of dollars worth of transactions can consider the payment facilitation route.

Previously there was a large gap between these two payments models, but now companies can take advantage of integrating with a payment facilitator, like Finix, to get the best of both worlds. This allows you to get on the path to owning your payments, without needing the payments volume and extensive process it takes to become a payment facilitator.