What is (PFaaS) — by Mastercard A Payment Facilitator (PayFac) is a model that enables businesses to simplify the merchant onboarding process by allowing a master merchant to process payments for multiple sub-merchants under a single account. This eliminates the need for each merchant to establish their own acquiring relationship. PFaaS is the next…
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My do merchants need a payment manager
We want to occasionally share our experience and views about online payments here. So, we'd like to start from a very basic question, answer to which is not so obvious for a person not related to highload ecommerce business: Why Does Your Company Need a Payments Manager? In today’s fast-paced digital economy, payments are more…
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Payment orchestration provider or Inhouse platform
Deciding whether to use a payment orchestration platform or build and manage your payment processing infrastructure internally involves weighing several factors. Here are some considerations to help you make an informed decision: ### Benefits of Using a Payment Orchestration Platform: 1. **Time and Resource Efficiency**: - It significantly reduces the time needed to set…
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Merchant Accounts for Porn AI
Opening a merchant account for pornographic AI websites can be challenging due to several factors: High-Risk Classification: Adult content is often classified as high-risk by payment processors. This can lead to higher fees, more stringent requirements, and potential difficulty in finding willing partners. Regulatory Compliance: Merchant services must comply with various laws and regulations relating…
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