How Payment Facilitation Works: An Overview for SaaS Providers
Exact Payments
OCTOBER 30, 2023
In this article, we’ll delve into the basics of the payment processing industry, explore the key players, and give a behind-the-scenes look at the inner workings of the payment facilitator model. Issuing banks Issuing banks, or issuers, are entities that issue customer credit cards and handle the transfer of funds to the merchant’s account.
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