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What is Exact Payments?

Exact Payments creates and offers user-friendly, scalable payment technology tailored for SaaS businesses, allowing them to effortlessly incorporate payment systems into their platforms and establish a lucrative revenue stream. Through Exact's PayFac-as-a-Service offering, SaaS companies can design seamless purchasing experiences that not only elevate customer satisfaction but also boost retention rates and potentially increase a customer's lifetime value by up to five times. Currently, Exact manages over one billion transactions each year for esteemed clients such as Chase, Ordway, Cineplex, Allianz, Levi’s, and Carfax, demonstrating its significant market impact. This robust solution not only simplifies the payment process but also empowers companies to focus on their core services while enhancing their financial performance.

Pricing

Price Starts At:
Free
Price Overview:
Always free for everyone. No subscription fees, ever. Share in the revenue from payments processed on your platform.
Free Version:
Free Version available.
Free Trial Offered?:
Yes

Integrations

Offers API?:
Yes, Exact Payments provides an API

Screenshots and Video

Embedding payments into your software platform is a powerful value driver. Exact has everything you need to build and scale the process of becoming a Payment Facilitator (or PayFac), from instant onboarding to flexible payouts, fraud protection, comprehensive reporting, and end-to-end data security.

Embedding payments into your software platform is a powerful value driver. Exact has everything you need to build and scale the process of becoming a Payment Facilitator (or PayFac), from instant onboarding to flexible payouts, fraud protection, comprehensive reporting, and end-to-end data security.

Company Facts

Company Name:
Exact Payments
Date Founded:
1999
Company Location:
United States
Company Website:
www.exactpay.com
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Product Details

Deployment
SaaS
Windows
Mac
iPhone
iPad
Android
Chromebook
On-Prem
Training Options
Documentation Hub
Online Training
Webinars
On-Site Training
Video Library
Support
Standard Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
Target Organization Types
Mid Size Business
Small Business
Nonprofit
Startup
Supported Languages
English

Exact Payments Categories and Features

Subscription Management Software

Cancellation Management
Discount / Coupon Management
Dunning Management
Enrollment Management
Product Catalog
Recurring Billing
Revenue Recognition
Revenue Recovery Tools
Self Service Portal
Subscription Plan Management
Tax Management
Trial Management
Usage Tracking/Analytics

Recurring Billing Software

Customer Portal
Deferred Billing
Discount Management
Dunning Management
Invoice History
Multi-Currency
Multi-Period Recurring Billing
Payment Processing
Recurring Donations
Subscription Billing

Payment Processing Software

ACH Check Transactions
Bitcoin Compatible
Debit Card Support
Gift Card Management
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture

Payment Gateways

ACH / eCheck support
Buyer Authentication
Credit / Debit Support
Customer Information Storage
Fraud Prevention
Invoicing
Multi-Currency
PCI Compliance
Point-of-Sale (POS)
Recurring Billing / Subscriptions
Reporting / Analytics

More Exact Payments Categories

Exact Payments Customer Reviews

Write a Review
  • Reviewer Name: Penny G.
    Position: Office Admin
    Has used product for: 2+ Years
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Anna was extremely helpful

    Date: Jul 25 2024
    Summary

    It was an easy process with a quick phone call without waiting on hold or in a queue and an email follow up

    Positive

    Anna answered the call right away when I called and helped me when I was locked out of the system after an update. After a follow up email I was back in the system and back to work.

    Negative

    There were no cons with this, the issues was dealt with right away

    Read More...
  • Reviewer Name: Patty C.
    Position: Owner
    Has used product for: 2+ Years
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Great business to deal with

    Date: Jun 29 2024
    Summary

    It is a pleasure to deal with a company that actually offers customer service. Their customer support team is wonderful.

    Positive

    I would like to thank Richard, and the staff at Exact Payments. I have been dealing with your company for several years now, but I would like to make others aware of what a pleasure it is to do business with you. There has never been a time that I have contacted you, that you have not responded with professionalism, friendliness and accommodation. You have even answered the phone on a Saturday to help me get in to my account. I thank you for being a business I appreciate dealing with.

    Negative

    None at all. They have never disappointed me with their service to me as a customer.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Sales
    Has used product for: 2+ Years
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Exceptional Service and Quality product

    Date: Jul 30 2024
    Summary

    Exact Payments provides exceptional support and makes things as easy as possible for their clients. I have had a very fast and personable reply. I have never had a bad experience with them.

    Positive

    Their product works well. Anytime I have had to contact Exact Payments Support, I have had a very fast and personable reply. I have never had a bad experience with them.

    Negative

    I do not currently have any complaints about Exact Payments.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Owner
    Has used product for: 2+ Years
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Exact Payments review

    Date: Jul 26 2024
    Summary

    I like using Exact Payments to process my credit cards. I'm impressed with the speed of processing authorizations, accuracy of banking deposits & customer support. Definitely satisfied to have Exact as my credit card processor.

    Positive

    I like using Exact Payments system to process my credit cards. I'm impressed with the speed of processing authorizations, accuracy of banking deposits & customer support. Definitely satisfied to have Exact as my credit card processor.

    Negative

    Really kind find anything negative about using this service.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Owner
    Has used product for: 2+ Years
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Exact Payments review

    Updated: Jul 09 2024
    Summary

    Great experience overall with using website and reporting. Costs seem to be increasing and needs to be controlled.

    Positive

    I like the ability to see the reports - transactions in real time. I also like to be able to issue credits if there was an issue. Fast and reliable transaction processing. Timely and knowledgeable support.
    Easy integration.

    Negative

    Nothing specific comes to mind but keeping up with technology needs to be a priority.

    Read More...
  • Reviewer Name: Steve K.
    Position: Chief Marketing Officer
    Has used product for: 1-2 Years
    Uses the product: Daily
    Org Size (# of Employees): 100 - 499
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Great Payfac-as-a-Service for SaaS companies

    Date: Dec 08 2023
    Summary

    Exact Payments has enabled us to move beyond our traditional
    business model, which was focused on generating SaaS subscription revenues. We have now created a new revenue stream that will help us generate expansion ARR with our customers and boost our Net Dollar Retention.

    Positive

    1) Turnkey service - They handle all the operational and regulatory aspects of payment processing that we don't want to do - underwriting, risk management, KYC/KYB, and anti-money laundering.
    2) Excellent customer support - We can interact with real people who help solve our issues. With our other payment processor we can only talk to a chatbot that sends us links to API documentation.
    3) Fast approval process - Other payment processors have complex, offline approval processes that take weeks. With Exact Payments, we've been able to embed the approval process within our application, so it's a seamless, online process for the customer.

    Negative

    International payment processing - We hope to use them in Europe and Asia for SEPA, BACS, and other regional payment methods, which is on their roadmap but not currently available.

    Read More...
  • Reviewer Name: Steve C.
    Position: Owner Operator
    Has used product for: 2+ Years
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Smooth process always.

    Date: Dec 05 2023
    Summary

    I’ve added locations since my first store and each time things were flawless. I recommend Exact Payments to anyone looking someone to manage payments.

    Positive

    I haven’t had any issues with Exact Payments since we started with them. Everything is always on time and very quick.

    Negative

    Don’t take discover card was my only issue. That’s my only business credit card, so I gotta charge it on personal and get reimbursed. Not a huge deal.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: EA
    Has used product for: 2+ Years
    Uses the product: Weekly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Exact Payments exactly what you need

    Updated: Jan 16 2024
    Summary

    I would highly recommend Exact Payments. Interface is easy and friendly to use. They are more than just exact payments.

    Positive

    Super friendly and knowledgeable support staff.
    Response time is great.
    Easy to work with.
    No wait time on the phone or buttons to get through to a live person.

    Negative

    I have had the pleasure to work with Exact for years and there isn't any con that jumps out that worth mentioning. If any, it'd be minor.

    Read More...
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