Tilled

Tilled is a PayFac-as-a-Service platform with a ready white-label merchant console, an SDK and instant onboarding for B2B and B2C software. It was founded in 2019 and is based in Boulder, Colorado.

Products The listed items are a turnkey white-label console, a drop-in JS SDK, instant merchant onboarding, split commissions, and Apple Pay and Google Pay. The target customers are vertical SaaS, ISVs, marketplaces, EdTech and fitness technology.

Time to launch The company states that a branded payment provider can be launched inside a SaaS product in two to four weeks.

Markets and terms Tilled serves the United States and Canada. There are no upfront payments; the company earns through a revenue share of transaction volume, so the software vendor's margin depends on the split it negotiates.

The model suits software companies that want to earn on payments from their own customers without becoming a registered payment facilitator themselves. Underwriting, liability and chargeback responsibilities between the platform and the ISV should be clarified in the contract.