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Understanding Risk Management Strategies as a PayFac

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This article will help your business’s stakeholders understand the various risk factors to watch out for as well as the different types of risk management strategies to employ. Reputational risks Risks associated with things like data breaches, poor customer service, company controversies, etc. Let’s get started. Velocity checks.

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What Is a Credit Card Surcharge?

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In this article, we’ll explore what a credit card surcharge is and why it should matter to small business owners. It is added at the point of sale and depends on the total amount of a transaction and the cap set by credit card companies. However, the cost gets added to the final dollar amount which may make the sale less lucrative.

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article thumbnail

What Is a Credit Card Surcharge?

Stax

In this article, we’ll explore what a credit card surcharge is and why it should matter to small business owners. It is added at the point of sale and depends on the total amount of a transaction and the cap set by credit card companies. However, the cost gets added to the final dollar amount which may make the sale less lucrative.

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What Is an ACH Payment Facilitator?

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In this article, we’ll discuss everything you need to know about the ACH payment facilitator model and how SaaS companies can go about facilitating ACH payments easily. PayFacs typically partner with a payment processor or a bank to provide merchant services. This is pretty much similar to the service that PayPal offers.