by Rich Benvin | Aug 27, 2020 | Payment Facilitators, Payments Industry
For years, small merchants were underserved by the payments system. It was not cost-effective for banks to serve the needs of the smallest businesses, limiting the forms of payment many of them could accept. In recent years, more and more options have arisen to bridge...
by Rich Benvin | Aug 26, 2020 | mastercard, Payment Facilitators, Payments Industry
Responding to the stressful economic conditions brought on by the coronavirus pandemic, more than half (51%) of businesses in the U.S. and Canada have transitioned their customers to digital payment methods. This is according to a new survey of small businesses from...
by Rich Benvin | Aug 26, 2020 | Payment Facilitators, Payments Industry
The list of software companies that are making the move to becoming a payment facilitator is growing. The number of PFs is expected to more than double from 1,000 to over 2,300 globally in the next five years. This is according to a new American Express white paper,...
by Rich Benvin | Aug 26, 2020 | Payment Facilitators, Payments Industry
PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators. Digital Download A...
by Rich Benvin | Aug 20, 2020 | Payment Facilitators, Payments Industry
Data security is a critical component of the work that payment facilitators do. Proper management of sensitive data is an essential responsibility for anyone enabling access to the payments system. So every payment facilitator needs to understand the role that PCI...
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