You’ll have to tune in to find out. The Merchant Acquirers’ Committee (MAC) is hosting a webinar that takes a deep dive into the payment facilitator model versus the traditional marketplace classification. Specifically, they strive to outline the major differences between payment facilitators and marketplaces: What makes them different and why?
Many companies out there ride the line regarding whether or not they fall into the payment facilitator classification or the traditional marketplace – they’re just not sure and the gray area can be complicated to navigate.
Moderated by Dan Spalinger, sr. consultant at Infinicept, this webinar will address these differences in a more tangible manner, as well as some of the compliance fears associated with both. The goal is to shed some light on the process and requirements necessary to be successful in this space.
Details for the webinar can be found here.
The Merchant Acquirers’ Committee is an organization of payments professionals dedicated to protecting the integrity of the payments ecosystem. Members include acquiring banks, ISOs, the card brands, NACHA, law enforcement agencies, payment processors and payment facilitators. MAC’s mission is to strengthen the payments ecosystem through ongoing education, communication and cooperation among its members.