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.
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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.
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Exact Payments Categories and Features
Subscription Management Software
Recurring Billing Software
Payment Processing Software
Payment Gateways
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Exact Payments Customer Reviews
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Anna was extremely helpful
Date: Jul 25 2024SummaryIt was an easy process with a quick phone call without waiting on hold or in a queue and an email follow up
PositiveAnna 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.
NegativeThere were no cons with this, the issues was dealt with right away
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Great business to deal with
Date: Jun 29 2024SummaryIt is a pleasure to deal with a company that actually offers customer service. Their customer support team is wonderful.
PositiveI 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.
NegativeNone at all. They have never disappointed me with their service to me as a customer.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Exceptional Service and Quality product
Date: Jul 30 2024SummaryExact 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.
PositiveTheir 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.
NegativeI do not currently have any complaints about Exact Payments.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Exact Payments review
Date: Jul 26 2024SummaryI 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.
PositiveI 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.
NegativeReally kind find anything negative about using this service.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Exact Payments review
Updated: Jul 09 2024SummaryGreat experience overall with using website and reporting. Costs seem to be increasing and needs to be controlled.
PositiveI 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.NegativeNothing specific comes to mind but keeping up with technology needs to be a priority.
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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 2023SummaryExact 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.Positive1) 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.NegativeInternational 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.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Smooth process always.
Date: Dec 05 2023SummaryI’ve added locations since my first store and each time things were flawless. I recommend Exact Payments to anyone looking someone to manage payments.
PositiveI haven’t had any issues with Exact Payments since we started with them. Everything is always on time and very quick.
NegativeDon’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.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Exact Payments exactly what you need
Updated: Jan 16 2024SummaryI would highly recommend Exact Payments. Interface is easy and friendly to use. They are more than just exact payments.
PositiveSuper 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.NegativeI 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.
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