So, you want to be a PayFac? As a software platform, you’ve decided that instead of referring merchants to a third-party provider to process payments, you want to offer the service yourself. What now? In Episode Three of the payments facilitator series, Rich Aberman, co-founder...
August 14, 2017
So, you want to be a PayFac? As a software platform, you’ve decided that instead of referring merchants to a third-party provider to process payments, you want to offer the service yourself. What now? In Episode Three of the payments facilitator series, Rich Aberman, co-founder of WePay, walks PYMNTS’ Karen Webster through the process. The […]
September 27, 2024
Fiserv disclosed Wednesday (Sept. 25) that it expects its merchant acquiring joint venture with Wells Fargo to expire April 1, 2025. The joint venture, Wells Fargo Merchant Services (WFMS), is owned 40% by a Fiserv wholly owned subsidiary and 60% by Wells Fargo Bank, National Association, Fiserv said in a filing with the Securities and […]
