August 02, 2017
FinTech innovators love the payment facilitator (PayFac), a shift that WePay co-founder Rich Aberman outlined in Episode 1 of the Payment Facilitators series with Karen Webster, CEO of PYMNTS. These “master merchants” act as Independent Sales Organizations (ISOs), going between sponsor-acquirers and a portfolio of sub-merchants. But what sets a PayFac apart from a merchant of […]
