The Importance of Mastercard’s Registered Payfac List
Payments-as-a-Service Companies will claim that becoming a registered Payment Facilitator or PayFac is easy and inexpensive. While ISOs, traditional payment processors and even Stripe itself warn against the pain and high costs. The truth is almost always in the middle, but lets simply look at the data. Mastercard has 248 Registered PayFacs in North America. …
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