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DECEMBER 4, 2023

The US, therefore, requires financial institutions as well as financial services firms to have anti-money laundering (or AML) compliance programs in place. In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). Non-compliance can have major implications.

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Merchant Services Payment Services Payfac compliance 88

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JANUARY 8, 2024

Not only must PayFacs safeguard themselves and their clients against potential threats like fraud or cybersecurity breaches but also ensure PCI compliance , customer due diligence, and adherence to card regulations. They must also ensure that sub-merchants are compliant with the regulations set by card companies, e.g. PCI compliance.

Merchant Services 88

Merchant Services Payfac Payment Services SaaS Payments 88

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MARCH 6, 2024

In this article, we’ll unpack the complexities of recurring billing for businesses operating or transitioning to a recurring billing payment option. TL;DR Recurring billing is a powerful solution to streamline processes and enhance revenue generation and customer engagement. 98% of consumers have a streaming service subscription.

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Merchant Services Payment Services Payment Methods Payment Features 88

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MARCH 26, 2024

This article covers the what, why, and how of online terminals; all a business owner needs to know to dive in and thrive. Secure Transactions: Online terminals incorporate security protocols like SSL encryption, tokenization, and Payment Card Industry Data Security Standards (PCI DSS) compliance.

Payment Methods 88

Payment Methods Merchant Services Payment Services Payments 88