Skip to content
Allidian

Payments glossary

What is an independent software vendor (ISV)?

In payments, an independent software vendor (ISV) is a company whose software helps businesses accept and manage payments, while licensed providers perform the actual processing.

ISVs integrate with processors and may earn software fees or provider revenue share, but they don't hold merchants' funds or underwrite merchants themselves.

How it works in Allidian

Allidian operates as an ISV: we provide onboarding, checkout, invoicing and reporting software, and licensed providers process and settle your payments.

Related terms

Start buildingAll terms

The future of payments is connected.

Build on infrastructure that can evolve with new providers, markets, payment methods and intelligent commerce. Start free in sandbox today.

Start buildingView documentation

No sales call required. Create an account and access your developer sandbox.

  • Payment succeeded$248.00 · Hosted checkout
  • Invoice paidINV-0142 · $5,616.00
  • Webhook deliveredpayment.succeeded · 200 OK