How To Payfac news and trends

Visa’s PayFac Strategy Eyes Embedded Payments’ Potential in Blue and Red Oceans
Payment Methods // August 15, 2023

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, senior vice president and head of acquiring at Visa, told Karen Webster that there’s an opportunity to change the way payments...

PayFacs Help Creator Economy Monetize Content, Grow Small Business Economy
SMBs // July 17, 2023

The creators are creating content, yes — but an economy too. Your favorite influencer is available at the tap of a screen. That influencer can steer you to the products and services — and the merchants — you’d otherwise not encounter, were it not for Snapchat or Instagram....

‘Acquiring in a Box’ in Mexico Helps Merchants Dethrone ‘King Cash’
Payment Methods // June 12, 2023

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 transactions are done in cash, and the country is five to 10 years behind other countries when it comes to...

Europe’s 28 Million Small Businesses Get Ready for PayFac Version 2.0
Digital Payments // May 04, 2023

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 million smaller firms, which drive a significant portion of the region’s GDP. And to fully embrace the great digital shift...

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How to PayFac: What Software Platforms Need to Know

September 18, 2023
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 for finding merchants and signing them up to accept consumer payments using those cards. In the 1990s, independent sales organizations (ISOs) stepped in to enroll merchants. The advent of payment […]

Visa’s PayFac Strategy Eyes Embedded Payments’ Potential in Blue and Red Oceans

August 15, 2023
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, senior vice president and head...

PayFacs Help Creator Economy Monetize Content, Grow Small Business Economy

July 17, 2023
The creators are creating content, yes — but an economy too. Your favorite influencer is available at the tap of a screen. That influencer can steer you to the products...

Europe’s 28 Million Small Businesses Get Ready for PayFac Version 2.0

May 04, 2023
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 million smaller firms, which drive...