ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators
Stax
FEBRUARY 15, 2024
ISVs create software platforms for various industries, including business management, healthcare, and finance. There are two main ways that an ISV can become a payment provider—by adopting the ISO model or the PayFac model. Now, there are two ways that a software service provider can become a payments provider.
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