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Payment facilitator (PayFac) A merchant registered by an acquirer to facilitate transactions on behalf of sub-merchants. They provide the infrastructure necessary for their merchants to acceptcreditcardpayments. airline itinerary data, fuel transaction data, itemized purchase data, etc.).
Payment facilitator (PayFac) A merchant registered by an acquirer to facilitate transactions on behalf of sub-merchants. They provide the infrastructure necessary for their merchants to acceptcreditcardpayments. airline itinerary data, fuel transaction data, itemized purchase data, etc.).
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