Exact Payments Information

Exact Payments provides the easiest-to-integrate, most comprehensive, and most scalable embedded payment suite for SaaS businesses to monetize payments through its turnkey PayFac-as-a-Service solution. Backed by top-tier support and deep payments expertise, Exact enables SaaS providers to deliver frictionless buying journeys that enhance customer experience and improve retention, while activating a new, high margin revenue stream that increases valuations by 10x. Exact processes >1 billion transactions and >$130 billion in annual processing volume for prominent customers, including Fiserv, Ordway, Cineplex, Allianz, Levi’s, and Carfax. And, Exact is integrated with leading processors in the US and Canada, including Elavon, Fiserv, Global Payments/TSYS, Chase Canada, and Moneris. Our payment solutions are designed for performance and reliability, supporting over 10,000 merchant clients and delivering 99.99% uptime availability with transaction response times of less than one second. Founded in 1999 as E-xact Transactions LTD, the company started as a payment gateway provider. In November 2020, Platform Partners LLC acquired a controlling interest in the company to innovate and pioneer the next chapter of embedded payments technology and services, hiring Phil Levy to serve as the Chief Executive Officer. Phil’s experience includes 20+ years in the payments and financial services sectors for industry leaders, including Fiserv/First Data, FIS, Silicon Valley Bank, and i2 Technologies. He’s rounded out by an deep leadership team with exceptional experience from PayPal, Lyft, Uber, Finix, Credit Suisse, and Ernst & Young.