Posts Tagged ‘coronavirus’
What are Reserves, and How Do Payment Facilitators Use Them to Mitigate Risk?
Payment facilitators have a number of tools they can use to reduce their exposure to risk. To mitigate against credit risk, PFs will sometimes hold back funds from the submerchant – known as a reserve – to guard against possible future losses.
When are reserves typically used, and is now – as many businesses are experiencing financial hardship because of the coronavirus – a time to implement them?
Read MorePayPal, Visa, Mastercard Announce COVID-19 Measures to Help Small Businesses
With businesses everywhere reeling from the impacts of the spread of the coronavirus, major payments industry players are stepping up to soften the blow.
Read MoreCOVID-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.
Read MoreEgypt’s Central Bank Looks to Accelerate Digital Payments in Response to COVID-19
As the world reacts to health experts’ advice meant to avoid spreading the novel coronavirus, the need to pay for goods and services without making contact with others is driving a global shift to digital payments.
Read MoreCoronavirus Outbreak Brings Attention to Digital Payments
As the public wrestles with actions to take in light of the coronavirus outbreak, attention in some cases has turned to digital payments.
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