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ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators

Stax

According to the Pew Research Institute , in 2022, a whopping 41% of Americans said they don’t use cash at all for any of their weekly purchases—a significant jump from 29% in 2018. In this article, we’ll break down two popular terms used in the payment processing industry—ISV and PayFac —and see what they exactly mean.

ISVS 88
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Creating a Standout Online Payment Form

Payment Savvy

In theory, adding an online payment form to your website seems like a simple task. After all, more sites daily are adding web acceptance to their payment arsenal. What is an online payment form? Online payments are popular and widespread. Nearly all services and products are represented on the web.

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Mobile Devices Take On SMB FinTech Functionality, Usability

PYMNTS

A business owner may be able to generate an invoice and collect payments – “maybe reconcile their bank accounts, or have their accountant do this for them,” said Charles. One of the biggest impacts of mobile-based services will be the shift from weekly or monthly processes to operating in real time.