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. In this article, we’ll break down two popular terms used in the payment processing industry—ISV and PayFac —and see what they exactly mean.
Let's personalize your content