• Banking Relationship with Pay Fac

    I am with a community bank and working with a company that is hoping to establish a Pay Fac model. They have came to us asking for assistance and I am trying to work through that. What does the typical bank/Pay F...
    kwanderson5
    last modified by kwanderson5
  • Understanding the PayFac (Payment Facilitators) model

    The PayFac® (Payment Facilitators) Model As defined by the card brands, Payment Facilitators are entities that contract with Worldpay to provide payment processing services to their own merchant client...
    jordanbarhorst
    last modified by lsolheim
  • Underwriting and Risk in the PayFac Model

    Underwriting and Risk processes, procedures and documentation is an area where Worldpay can review a service provider's implementation of a PayFac® model.   Payment Facilitators must demonstrate compliance ...
    jordanbarhorst
    last modified by lsolheim
  • Developing Applications for Payment Facilitators

    While the transactional aspects of accepting payments are similar to other payment applications, from a developer standpoint, the PayFac® model poses additional challenges.   Some of these unique challenges...
    jordanbarhorst
    last modified by lsolheim
  • How is PayFac Integration Different?

    As explained in developing applications for Payment Facilitators, there are a number of business and technical requirements that make payment facilitation different. These include more stringent PCI requirements and i...
    jordanbarhorst
    last modified by lsolheim