ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators
Stax
FEBRUARY 15, 2024
The writing on the wall is clear—businesses need to start accepting digital payments and software providers need to start offering payment services one way or another. 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.
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