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Glossary: 117 software-led payments terms to know

Payrix

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 accept credit card payments. eCheck, PayPal, etc.)

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Mobile Credit Card Processing Explained: What Business Owners Need to Know

Stax

What is mobile credit card processing? Mobile credit card processing refers to the capability of accepting credit card payments using a mobile device equipped with a card reader and specialized software. Popular mobile payment solutions include Square, PayPal Here, and Shopify POS.

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Merchant Credit Card Fee Guide 2024: How Much Does It Cost to Process Credit Cards?

Stax

These fees also vary depending on the card network. Processor markup These are fees charged by the payment processor, which is the company that manages and facilitates credit card transactions. Payment processors who’ve popularized this model include PayPal and Square.

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How to Acquire a $400B World-Class Company by WePay (Video + Transcript)

SaaStr

You could think about how in that Chase app you could make it easier to accept credit card payments right away. We compete with Stripe and PayPal and Adyen and these are sort of very well funded, very sort of driven technology companies. We have some great competitors.

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Glossary: 117 software-led payments terms to know

Payrix

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 accept credit card payments. eCheck, PayPal, etc.) Listen now Podcast What is PCI attestation of compliance (AoC)?