January 29th, 2024 |
What Is a Payment Facilitator? A Payment Facilitator (PayFac) is a company or organization that acts as an intermediary between merchants and payment processors to simplify the process of accepting electronic payments. The primary role of Payment Facilitators is to streamline the onboarding of merchants and make it easier for them to accept payments, particularly […]
Read moreJanuary 26th, 2024 |
In the fast-evolving landscape of digital transactions, the Internet of Things (IoT) has emerged as a game-changer, promising to revolutionize payment processing systems. This convergence of technology and finance holds the potential to reshape the way we make transactions, providing unparalleled efficiency, security, and convenience. In this blog post, we will delve into the intricate […]
Read moreJanuary 25th, 2024 |
In the ever-evolving landscape of e-commerce and digital transactions, understanding the risk associated with merchant accounts is paramount for businesses and payment processors alike. Merchant accounts vary in risk levels, spanning from low to medium to high. In this comprehensive blog, we will delve into the intricacies of identifying and managing these different risk categories, […]
Read moreJanuary 25th, 2024 |
In the dynamic realm of digital transactions, where the exchange of funds occurs at lightning speed, the importance of robust risk management in payment processing cannot be overstated. As businesses increasingly rely on electronic payments, the need to fortify financial transactions against potential threats and vulnerabilities becomes paramount. In this comprehensive blog, we delve into […]
Read moreJanuary 24th, 2024 |
In the ever-evolving landscape of financial technology, countertop payment solutions play a pivotal role in shaping the way businesses and consumers interact during transactions. As we look towards the future, a myriad of trends is poised to revolutionize countertop payment systems, promising increased efficiency, enhanced security, and a seamless user experience. In this blog, we’ll […]
Read moreJanuary 23rd, 2024 |
In the fast-paced world of modern commerce, recurring billing systems play a pivotal role in facilitating seamless transactions for businesses and ensuring convenience for consumers. As technology continues to evolve, so do the methods of handling recurring payments. One such innovative solution that has emerged as a game-changer is the use of eChecks. In this […]
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