Payment Facilitator Provider: Who do you work to become a Payment Facilitator?
A Payment Facilitator or PayFac acts as a the Master Merchant. The Payment Facilitator role is to quickly and easily onboard their sub merchants or SaaS platform users to..
Businesses that are Payment Facilitators [Payfacs] are in essence Master Merchants that process credit and debit card transactions for their sub-merchants within their payment application.
We get frequent inquiries from SaaS platforms and start ups about becoming a PayFac or Payment Facilitator.
MarketPlace Payments and the Merchant of Record: What does it mean?
So you want to be a PayFac? The 1 question you must answer