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As such, PayFacs need to equip themselves with an effective riskmanagement strategy that helps them continuously monitor risks and employ appropriate risk responses if needed. TL;DR Four main types of risks come with payment facilitation: compliance risks, operational risks, transactional risks, and reputational risks.
“At Bectran, we intend to be the one-stop shop in our client's credit and AR journey, finding innovative ways to increase their operational efficiency and riskmanagement capabilities.”
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