The Ultimate Embedded Payments Guide for SaaS Providers
Embedded payments and embedded finance are financial tools built directly into non-financial systems. Although you may not have realized it at the time, you’ve probably used an embedded system in the last year — maybe even in the last week.
For instance, when you order food from DoorDash and pay through the app, you’re using an embedded payment system. The same is true for rideshare apps like Uber, streaming services that offer in-app purchases and even travel and hospitality providers that let you book tickets or pay for reservations through a software application.
For SaaS companies and developers, embedded payments offer a simple way to handle the entire payment process through their platforms, all while earning a portion of every transaction.
Globally, merchants are gravitating towards software-driven payments over traditional credit and debit card processing for their convenience and ease of use. Thankfully, with the rise of fintech and digital payments, integrating payment solutions into software is easier than ever — enabling SaaS providers to enhance user satisfaction while unlocking new revenue streams.