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 related to payment facilitation are explained in the sections below.
- Added PCI requirements
- Underwriting and Risk
- Onboarding and managing sub-merchants
- Providing funding to sub-merchants
Learn about how you can get started working with Vantiv to build or integrate your payment facilitation solution.