G2 Crowd User

Payment Facilitation

about 1 year ago

What is a payment facilitator (PayFac)?

Vendor Responses

Response by Payline Data

about 1 year ago

Our PayFac allows software platforms the ability to let their users accept payments. The payment facilitator is responsible for accepting and disbursing payments to third parties. Payline Data is a registered payment facilitator, and we can work with larger platforms to become a PayFac.

Another common term in the industry for PayFac is payment aggregator.