[…] 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. […]
The best part about airing dirty laundry in a sordid industry is just how fast you see an outpouringSubscribe 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. […]