The payment facilitation model first appeared in the market in 2010 as a way to create a simple, cost-effective mechanism for micro-merchants to accept payment cards. This viewpoint will examine the growth of the payfac model as its utility is expanded beyond micro-merchants and assist the reader in assessing the applicability of implementing a payfac in their own acquiring market.
Payment Facilitation: What You Need to Know
$1,500.00
Published on: February 8, 2022
Author: Don Apgar
Alternate Point of Contact: Amy Dunckelmann