Remove Embedded Payments Remove Merchant Payment Processing Remove Use Case
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PayFac Model 101: Payment Facilitators Explained

Exact Payments

A payment facilitator, or PayFac, is a type of merchant services provider (MSP) that equips merchants with payment processing capabilities. In other words, it enables businesses to start processing electronic payments. In fact, a recent survey by McKinsey & Co. Looking to Become a PayFac?