[…] We’re not in any way implying that the payfacs won’t abuse merchants, and we’ve caught Paypal and others increasing rates. But at least the payfacs can move directly to the card networks and improve features and functionality over time. […]
While the rest of the world modernizes and enables free, realtime money movement, the US is held bacSubscribe or log in to read the rest of this content.
[…] We’re not in any way implying that the payfacs won’t abuse merchants, and we’ve caught Paypal and others increasing rates. But at least the payfacs can move directly to the card networks and improve features and functionality over time. […]