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Payment Facilitator vs Payment Gateway: Key Differences and Similarities

Stax

In a world where we’re spending more and more time online and every click is a potential transaction, it’s no surprise the eCommerce and digital payments sectors are experiencing exponential growth. In this article, we’ll dive into the intricacies of two types of players in the eCommerce ecosystem: payment gateways and payment facilitators.

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Salt Edge Launches API Upgrade to Support Open Banking

Finovate

Open banking solutions provider Salt Edge has released the latest version of its Open Banking Gateway API. The new version, the company’s sixth, features enhancements designed to make integration easier and quicker. This week, the company unveiled the latest version of its Open Banking Gateway API.

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Mastering Integrated Payment Processing: What to Look for in Integrated Payment Providers

Exact Payments

In today’s ever-evolving digital landscape, integrated payment processing has emerged as a key to business success. Whether you’re running an e-commerce platform, a cutting-edge software-as-a-service (SaaS) solution, or any digital enterprise, choosing the right integrated payment provider is paramount.

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Selerix, Paycor Debut API Integration

PYMNTS

Cloud-based employment benefits provider Selerix Systems is working with Paycor , a provider of human capital management (HCM) solutions, to debut a new, real-time application programming interface (API) integration system, according to a press release.

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What is Payment Facilitation as a Service or PayFac-as-a-Service?

Ikajo

Digital payments have become such an integral part of our daily lives that it is challenging to imagine what our world would be like without them. Online stores can now start accepting payments for goods and services in a matter of days. What is a payment facilitator (PayFac)? What is PayFac-as-a-Service?

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The PayFac Profile: Examples of Successful Payment Facilitator Companies

Exact Payments

By leveraging payment monetization and user experience best practices, the payment facilitator model offers a versatile approach to revenue growth — one that benefits businesses of all kinds. This strategy entails tapping into the lucrative payment market and earning a portion of payment processing fees.

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UK Finance Publishes Report to Facilitate Commercial Variable Recurring Payments

Fintech Finance

UK Finance, in association with law firm Addleshaw Goddard LLP , is today announcing a report on the use of model clauses to support the development of the Variable Recurring Payments (VRPs) for commercial applications in the UK. JROC has identified VRPs as a key test case for premium application program interfaces (APIs).