PYMNTS’ and Visa’s seven-part series is designed to cut through the buzzwords and help software providers and tech outfits mull if the decision to PayFac — yes, it’s becoming a verb — can be part of their own overall business strategies.
The merchant acquiring model has undergone many changes since the introduction of the first general-purpose credit card in 1958. Back then, acquiring banks were responsible...
Blue oceans and red oceans beckon for payment facilitators. As PayFacs choose where to spend their time and money, as they examine competitive landscapes, Bill Dobbins,...
The creators are creating content, yes — but an economy too. Your favorite influencer is available at the tap of a screen. That influencer can...
In Latin America, cash remains king. That’s true for many markets in the region, and Mexico stands out as a prime example. Roughly 85% of...
The European region, Lynsey Verrillo, Head of Enablers and Small Business at Visa, and Marc-Alexander Christ, SumUp co-founder, told Karen Webster, is home to 28...
Forging a 21st century commerce ecosystem on a global scale means changing consumer behavior, and merchant mindsets, particularly in markets where digital remains a small...
The conventional wisdom is that all software companies will, at some point, become payments companies. But, as Deirdre Cohen, senior vice president of acquiring at...
Payment facilitation is among the most vital components of monetizing customer relationships — and the role of PayFacs is often misunderstood. In an interview with...