Payments Facilitators (PayFacs) are one of the hottest things in payments. NMI CEO Roy Banks gives Karen Webster the inside skinny on a model that gave birth to a new way to innovate payments, at the same time how it is likely to destroy one...
August 08, 2016
Much like the great Oklahoma land rush of 1889, many acquirers are quietly staking their claim to new opportunities as processors increase their willingness to underwrite PayFacs. Roy Banks, CEO of NMI, has a POV on whether this opportunity is only for a select few acquirers, or anyone willing to decode the mysterious process.
