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 moreNovember 7th, 2023 |
In today’s digital landscape, where convenience and speed are paramount, the way we make payments has undergone a remarkable transformation. Traditional methods, such as cash and checks, have given way to electronic payment systems. Behind the scenes of these systems are Application Programming Interfaces (APIs), which play a pivotal role in enabling seamless payment integration […]
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