The wisdom of payments processing
Lately we started getting quite a lot of questions like: “What is required for a SaaS platform to become a PayFac?”, as well as inquiries from SaaS platform providers. Indeed, SaaS platform providers already use many features of PayFac model, often without realiz [...]
Introduction: why become a payment facilitator Nowadays more and more software platforms adapt payment facilitator operation models, allowing them to service their clients, i.e. merchants, more efficiently. While at first glance franchise-based businesses do not seem [...]
The terms payment service providers (PSP), payment facilitators, and payment aggregators can have slightly different meanings depending on the region, but they refer to similar types of entities. Anyway, the three different concepts do exist, no matter how you might [...]
The purpose of this entry is to review the key elements which a business needs to consider to become a payment service provider. Many ISOs and payment service providers after several years of operations realize that they can significantly reduce their costs and optim [...]
In this article we are going to focus on an important category of merchant services industry players, called payment facilitators. We are going to explain the history of their emergence in the industry and list the challenges they face at the present-day market. Befo [...]
The purpose of this article is to explain some essential components and mechanisms needed for a business to become a payment service provider. With the increased use of electronic payments worldwide, there are more and more companies that are contemplating the idea o [...]
The purpose of this article is to familiarize different merchant services industry players (merchants, resellers and payment service providers) with the concept of sub-merchant funding and associated features required from a payment gateway. Introduction The concept [...]
The purpose of this article is to familiarize PSPs with the concepts of merchant services reserves. As mentioned in the previous article, handling of transactions that occur outside the normal processing cycle is an important consideration to bear in mind in the cont [...]
In the previous article we touched upon the topic of merchant funding, which is particularly important for payment service providers. This article is also targeted at PSPs, also known as third-party processors or payment facilitators. In the article we are going to a [...]
This article is, primarily, addressed to payment service providers, also known as third-party processors or payment facilitators. Its goal is to familiarize PSPs with the concept of merchant funding (remittance) and challenges associated with it. One of the issues fa [...]
