Exact Payments
NOVEMBER 8, 2023
What makes PayFacs unique as compared to other MSPs is that they own a merchant payment processing account directly with an acquiring bank. By operating as a master merchant, they are able to onboard and aggregate many “sub-merchants” under a single merchant account.
Exact Payments
OCTOBER 30, 2023
Merchant services providers Merchant services providers (MSPs) equip merchants with all the tools they need to start processing card payments. There are several types of MSPs, including independent sales organizations (ISOs) and payment facilitators. Independent sales organizations ISOs are a type of merchant services provider.
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