by Rich Benvin | Sep 24, 2020 | Payment Facilitators, Payments Industry
Perhaps no relationship is more important to a payment facilitator than the one they have with a merchant acquirer. As PaymentFacilitator has previously noted, the terms acquirer or merchant acquirer can be confusing. Essentially, the terms refer to an acquiring bank...
by Rich Benvin | Sep 17, 2020 | mastercard, Payment Facilitators, Payments Industry, visa
Every electronic payment transaction is handled by several companies serving different roles as it travels through the payments ecosystem. How those companies fit together – and how the revenue from each transaction breaks down among them – is the subject of a recent...
by Rich Benvin | Sep 9, 2020 | mastercard, Payment Facilitators, Payments Industry
Mastercard and Square are working together to help small businesses on the Falkland Islands accept digital payments. According to a press release from Mastercard, cash payments dominate the islands, which see thousands of tourists annually. The remote nature of the...
by Rich Benvin | Sep 2, 2020 | Payment Facilitators, Payments Industry
The payments industry is filled with confusing terms, many of which are used interchangeably. This confusion is compounded by the fact that the industry has changed rapidly in recent years, giving rise to new terms while others fall away. One important trend is that...
by Rich Benvin | Sep 2, 2020 | mastercard, Payment Facilitators, Payments Industry
PayPal said this week that it is enabling a short-term installment payment offering for merchants in the U.S., one announcement among a flurry of activity around buy now pay later options. The new PayPal product, which the company called “Pay in 4,” allows merchants...
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