Tag: payment facilitators | Page 5

What is a Submerchant?

The relationship payment facilitators have with their merchants is at the heart of what PFs do. Working with a payment facilitator makes acceptance simpler for merchants – especially for smaller businesses, for whom setting up individual merchant accounts can often be too cumbersome.

COVID-19 Dominates Digital Payments; Stripe Invests in Fast: News Roundup

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.

New Sponsor Banks: What You Should Consider Before Sponsoring Payment Facilitators

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.

RBI to Regulate Payment Aggregators; Square Gets Conditional FDIC Approval: News Roundup

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.

How Payment Facilitators Can Select a Sponsor Bank with Confidence

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.

What Is the Payment Facilitator Model?

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.

Shopify Further Simplifies the Startup Process with Starter Loans

In an effort to enable small business startups to finance their goals and ambitions, Shopify Capital will now offer starter loans.

PF Model Helps to Fuel Shopify Gains

Last week, Shopify reported a third-quarter revenue increase of more than 45% year over year. A closer look provides a snapshot of the role that being a payment facilitator can play in feeding growth.

Shopify Economic Report Details Impact of Enabling Independent Businesses

Shopify has put figures on the true impact of enabling entrepreneurs through PF technology with the release of its new global economic report.

Square on Broadening the Company’s Ecosystem Through its Developer Platform

Payments leader Square is known for looking at things in a new way. But once you’ve converted an entire industry to your way of thinking, how do you keep moving forward? According to Carl Perry, developer lead at Square, you do that by maintaining what he called a “relentless focus on customer experience.”