{"id":4018,"date":"2018-04-18T13:57:23","date_gmt":"2018-04-18T13:57:23","guid":{"rendered":"https:\/\/www.paymentfacilitator.com\/?p=4018"},"modified":"2022-02-24T22:13:59","modified_gmt":"2022-02-24T22:13:59","slug":"pivotal-payments-pf-platform-now-registered-with-visa-mastercard","status":"publish","type":"post","link":"http:\/\/infinicept.com\/payment-facilitator\/archive\/pivotal-payments-pf-platform-now-registered-with-visa-mastercard\/","title":{"rendered":"Pivotal Payments PF Platform Now Registered with Visa, Mastercard"},"content":{"rendered":"<p><strong>Pivotal Payments <\/strong><a href=\"https:\/\/globenewswire.com\/news-release\/2018\/04\/11\/1468415\/0\/en\/Pivotal-Payments-announces-registered-Payment-Facilitator-and-Aggregator-platform.html\"><strong>announced<\/strong><\/a><strong> last week that its PayFac Connect platform is now registered with Visa and Mastercard as fully complying with the card brands\u2019 payment facilitator guidelines.<\/strong><\/p>\n<p><strong>Pivotal\u2019s platform enables software companies and other organizations to integrate payments acceptance into their processes. It activates payment processing for their submerchants immediately upon signup.<\/strong><\/p>\n<p>The solution then aggregates transaction processing for its clients\u2019 submerchants and handles the risk management associated with accepting payments, including compliance with regulations and network rules.<\/p>\n<p>GlobalOnePay, Pivotal Payments\u2019 global acquiring and technology division, announced the launch of the solution last summer.<\/p>\n<p>\u201cMany software as a service providers, app developers, online marketplaces and platforms do not have the personnel, knowledge or background to become payment facilitators, yet can benefit from offering payments as a revenue-generating, value-added service,\u201d Tedd Huff, VP, Product for GlobalOnePay, said in a press release.<\/p>\n<p>\u201cBecoming a PayFac also entails bearing the risks and oversight inherent with payment processing. Choosing a payments-as-a-service platform such as PayFac Connect minimizes costs, time and risk while maximizing the opportunity to profit from a direct payment acceptance solution,\u201d he said.<\/p>\n<p>The PayFac Connect platform is white-labelled, so the submerchant experience features the client organization\u2019s brand. It also provides automated underwriting tools, transaction reporting and analytics, chargeback handling and submerchant funding.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pivotal Payments announced last week that its PayFac Connect platform is now registered with Visa and Mastercard as fully complying with the card brands\u2019 payment facilitator guidelines.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[1015],"tags":[350,502,633,699,951],"class_list":["post-4018","post","type-post","status-publish","format-standard","hentry","category-archive","tag-globalonepay","tag-mastercard","tag-payfac","tag-pivotal","tag-visa"],"acf":[],"_links":{"self":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/comments?post=4018"}],"version-history":[{"count":2,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4018\/revisions"}],"predecessor-version":[{"id":8074,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4018\/revisions\/8074"}],"wp:attachment":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/media?parent=4018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/categories?post=4018"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/tags?post=4018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}