category
Industry Trends
What is a Surcharge?
Surcharging is a fee your customers get charged for the convenience of using a credit card for a purchase. It offsets the cost merchants pay.
Payment Facilitator
A payment facilitator is a service provider for merchants. To accept payments online, you need a merchant account, which can be from a PayFac.
What is a Contactless Payment?
Contactless payment is the process of tapping or swiping your contactless device, which then accepts payment for whatever it is the person is purchasing.
Future-proofing Your ISO Program with a PayFac Partner
Instead of relying on a traditional ISO program that's focused on payments as a service, we're changing the concept of what service actually means.