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 24, 2020 | Payment Facilitators, Payments Industry
The Conference of State Bank Supervisors (CSBS) announced last week that it was launching what it called a “state-initiated” program that would enable money transmitters operating in 40 or more states to undergo a single exam to satisfy all state exam requirements in...
by Rich Benvin | Sep 24, 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. Down to Business...
by Rich Benvin | Sep 17, 2020 | Payment Facilitators, Payments Industry
Square introduced two new features this week to help its customers using Square Payroll – as well as their employees – manage their cash flow. “The traditional payroll process is slow and rigid, creating cash flow constraints for employees and businesses alike. This...
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...
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