Payment facilitators

PAYMENT FACILITATOR AGREGADOR DE PAGO

Andres

2/21/2022

In the last few years, and even more so during the COVID pandemic, we’ve witnessed the emergence of payment facilitators, i.e., companies that facilitate commercial transactions with credit cards through cell phone-compatible devices.

Facilitators are becoming great allies for merchants, using their technology capabilities to manage the potential risk and carrying out the necessary certifications to register the merchants.

Merchants enter into a contractual relationship with the facilitators, but not with each of the financial operators or alternative payment methods used by their customers.

For the initial and middle stages of an online business, this service is one of the best options for receiving payments. It streamlines sales operations, eliminating contractual and technological difficulties that may arise when making a purchase.