PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.Read More
As small businesses grapple with the economic conditions brought on by the pandemic, their payment partners must be careful to avoid making the hardship worse.Read More
For banks, deciding to sponsor payment facilitators is a balance of risks and rewards. It allows them to expand and broaden their merchant base. It also provides additional revenue from their transaction fees.
But enabling access to the payments system is not a function to be taken lightly.Read More
A payment facilitator’s relationship with its sponsor bank is a critical one. When the bank’s own operations are going smoothly, transactions flow freely and the PF is free to concentrate on growing its business and serving its customers.
But any disruption at the bank has the potential to impact the PF’s business as well.
Improving the merchant experience is a rallying cry for payment facilitators. Streamlining the underwriting and onboarding process is often a first step, but many PFs go further in search of solutions for the unique needs of their industries.Read More
How does a software company become a payment facilitator to benefit from the additional revenue and better control over the payments experience?Read More
Many software companies are choosing to enable their merchant customers to accept payments through their platform. It’s an appealing way to increase revenue and provide their customers with a complete software and payments experience. For companies that choose to own the payments function in-house, the process involves becoming what’s known in the payments industry as a payment facilitator.Read More
The payments ecosystem is steeped in acronyms. One of the most critical, affecting payment facilitators from the outset of their relationships with their submerchants, is the acronym KYC.Read More
Few tech-enabled developments in recent years are as revolutionary to the merchant experience as the birth of frictionless underwriting – a key characteristic of the payment facilitator model. But what does it involve?Read More
For many ISVs, becoming a payment facilitator can help them gain control and improve their merchant experience. Download our white paper to find out exactly how.Read More