Payments 101
What Makes PFs and Marketplaces Different?
The Merchant Acquirers’ Committee (MAC) is hosting a webinar that takes a deep dive into the payment facilitator model versus the traditional marketplace classification. Specifically, they strive to outline the major differences between payment facilitators and marketplaces: What makes them different and why?
Read MorePCI and Payment Facilitation: What are PFs Responsible For?
Companies that choose to integrate payments into their B2B software offerings must consider risk from a number of perspectives. This week, we report on some of the fundamental issues and decision points behind payment facilitators’ relationship with the industry data security standard.
Read MorePayment Facilitators and Liability: With Flexibility Comes Card Scheme Responsibility
The last two years have seen a surge of companies moving into the payment facilitator space. That in itself is not surprising. Becoming a payment facilitator offers tremendous flexibility and value for ISVs and VARs. With that flexibility, though, comes potentially significant liability
Read MoreMerchant-Presented QR Codes, Explained
The use of QR codes in places such as China and India has made accepting payments easier for many small and micromerchants. And payment facilitators have a significant role to play in helping to expand electronic payment acceptance into emerging markets using QR codes.
Read MoreDo You Need to Be a Payment Facilitator, or Are You a PF Wannabe?
If your company is exploring becoming a PF, it is important to understand the relevant drivers behind becoming a PF as well as the impact your decisions have on the operations of your business.
Registering as a PF is not a panacea for making payments easier, and in fact, can be a drain on the resources within your organization.
You already know you want something more than a traditional merchant processing referral relationship. Identifying what you are trying to accomplish with a PF model while analyzing the various options to meet those needs, rather than focusing on simply becoming a PF, is a valuable exercise.
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