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Mobile Devices Take On SMB FinTech Functionality, Usability

PYMNTS

A business owner may be able to generate an invoice and collect payments – “maybe reconcile their bank accounts, or have their accountant do this for them,” said Charles. One of the biggest impacts of mobile-based services will be the shift from weekly or monthly processes to operating in real time.

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What Is an ACH Payment Facilitator?

Stax

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. Unlike payments facilitated by card networks like Visa or Mastercard, ACH payments are managed by a body called the National Automated Clearing House Association (NACHA). Let’s get started.

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ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators

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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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