This week, we have the second of a two-part interview with WorkWave CEO David F. Giannetto. We talk more in depth about how WorkWave is changing the industry it serves by making the move to become a payment facilitator.
This week, we have the second of a two-part interview with WorkWave CEO David F. Giannetto. We talk more in depth about how WorkWave is changing the industry it serves by making the move to become a payment facilitator.
PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.
SafeCharge has joined with Visa to introduce alternative ways for small businesses to accept digital payments in response to the pandemic. The new solution is called SafeCharge Local, and it enables merchants to accept payments without having to have an online store or a physical POS terminal. I
Payment facilitators have a number of tools they can use to reduce their exposure to risk. To mitigate against credit risk, PFs will sometimes hold back funds from the submerchant – known as a reserve – to guard against possible future losses. When are reserves typically used, and is now – as many businesses are experiencing financial hardship because of the coronavirus – a time to implement them?
If payment facilitators were a fast food chain, the merchant experience might be their secret sauce – that special component that sets them apart from their competitors. The model is known for simplifying merchant applications and reducing unnecessary paperwork. There is a balance, however, between reducing friction and protecting the payments system from bad actors.
SaaS companies have a unique role that places them at the center of their customers’ businesses, making the experience they provide crucial. For many, bringing the payments process in-house enables them to more fully realize their vision for that experience and more readily respond to the needs of their customers.
PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.
In an effort to help merchants expand their market reach, Shopify has launched a new feature in their Shopify Marketing suite enabling users to purchase digital ad campaigns that advertise their product or service across the entire Microsoft Search Network.
The payments ecosystem is steeped in acronyms. One of the most critical, affecting payment facilitators from the outset of their relationships with their submerchants, is the acronym KYC.
If payment facilitators were a fast food chain, the merchant experience might be their secret sauce – that special component that sets them apart from their competitors. The model is known for simplifying merchant applications and reducing unnecessary paperwork. There is a balance, however, between reducing friction and protecting the payments system from bad actors.
This week, we have the second of a two-part interview with WorkWave CEO David F. Giannetto. We talk more in depth about how WorkWave is changing the industry it serves by making the move to become a payment facilitator.
