payfacs

Nearly 3 in 5 PayFacs Exclusively Support Digital Payments Online or Via an App
Nearly 3 in 5 PayFacs Exclusively Support Digital Payments Online or Via an App
November 14, 2023  |  Digital Payments

The payments industry is undergoing a transformation, largely driven by the rise of payment facilitators, or PayFacs. These entities streamline the acceptance and processing of...

READ MORE >
PayFacs Boost Revenue by Improving Customer Experience
PayFacs Boost Revenue by Improving Customer Experience
November 08, 2023  |  Payment Methods

Payment facilitators (PayFacs) are entities that enable their customers to accept electronic transactions using the payment facilitator’s platform, which has control of the end-to-end transactions....

READ MORE >
PayFacs Tap Installment Payments to Boost Revenue in 2024
PayFacs Tap Installment Payments to Boost Revenue in 2024
November 06, 2023  |  Digital Payments

Payment facilitators (PayFacs) have become a crucial component of the ever-evolving financial landscape, playing a pivotal role in enabling seamless digital transactions, connecting businesses with...

READ MORE >
New Report Finds Embedded Payments Now Table Stakes for Software Companies
New Report Finds Embedded Payments Now Table Stakes for Software Companies
November 06, 2023  |  Payments As A Service

Improving customer experience has become a market trend across industries. Companies strive to improve payments and cater their businesses to customer bases that value easy...

READ MORE >
How to PayFac: What Software Platforms Need to Know
How to PayFac: What Software Platforms Need to Know
September 18, 2023  |  Digital Payments

The merchant acquiring model has undergone many changes since the introduction of the first general-purpose credit card in 1958. Back then, acquiring banks were responsible...

READ MORE >
Visa’s PayFac Strategy Eyes Embedded Payments’ Potential in Blue and Red Oceans
Visa’s PayFac Strategy Eyes Embedded Payments’ Potential in Blue and Red Oceans
August 15, 2023  |  Payment Methods

Blue oceans and red oceans beckon for payment facilitators. As PayFacs choose where to spend their time and money, as they examine competitive landscapes, Bill Dobbins,...

READ MORE >
PayFacs Help Creator Economy Monetize Content, Grow Small Business Economy
PayFacs Help Creator Economy Monetize Content, Grow Small Business Economy
July 17, 2023  |  SMBs

The creators are creating content, yes — but an economy too. Your favorite influencer is available at the tap of a screen. That influencer can...

READ MORE >
‘Acquiring in a Box’ in Mexico Helps Merchants Dethrone ‘King Cash’
‘Acquiring in a Box’ in Mexico Helps Merchants Dethrone ‘King Cash’
June 12, 2023  |  Payment Methods

In Latin America, cash remains king. That’s true for many markets in the region, and Mexico stands out as a prime example. Roughly 85% of...

READ MORE >
Europe’s 28 Million Small Businesses Get Ready for PayFac Version 2.0
Europe’s 28 Million Small Businesses Get Ready for PayFac Version 2.0
May 04, 2023  |  Digital Payments

The European region, Lynsey Verrillo, Head of Enablers and Small Business at Visa, and Marc-Alexander Christ, SumUp co-founder, told Karen Webster, is home to 28...

READ MORE >