Accounting for Payment Revenue in SaaS Platforms

With Mastercard’s North American payment facilitator registry listing close to 250 companies and companies like Finix and Infinicept touting the ease of implementing, PayFac is at a fever pitch in the software and payments world. This has only been compounded with IPOs like Toast, Lightspeed, Freshworks and Squarespace. Traditional payment processing companies account for net revenue, free of interchange and assessments, where as software companies and …

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