February 9th, 2024 |
In the realm of ecommerce, payment processing is a critical component that directly influences the customer experience and ultimately determines the success of online businesses. Over the years, the landscape of ecommerce payment processing has undergone significant transformations driven by technological advancements, changing consumer behaviors, and evolving regulatory environments. In this blog post, we’ll delve […]
Read moreJanuary 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 […]
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