ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators
Stax
FEBRUARY 15, 2024
FIS Global reports that in Norway, Sweden, and other Scandinavian countries, more than 90% of transactions processed at point-of-sale (POS) in 2023 were cashless. TL;DR An independent software vendor (ISV) develops and sells software applications independently of hardware manufacturers.
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