Who Can Leverage ISOs and PayFacs?

When the risk is too high or the Merchant needs specialized services, Acquirers may refer Merchants to a third-party. Read on for the difference between ISOs and PayFacs.

How Acquirers Make Money 

Acquiring banks (Acquirers) play a key role in enabling modern payments processing. Learn how acquiring banks make money …

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What’s a BIN?

A bank identification number (BIN) is the first set of four-to-six numbers that appear on a credit card. The first number indicates the specific …

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Q: What is a MCC?

A Merchant Category Code (MCC) is a four-digit number that indicates a merchant’s line of business, along with the types of goods or services the merchant

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