We promised a payfac podcast so you’re getting a payfac podcast.
It runs about 40 minutes (really shooting to be less than 30) and we discuss the differences in payfac vs ISO and where payfac is heading. Our belief remains that all payfacs will inevitably write directly to the networks and avoid the processors for so many reasons.
There’s probably vulgar language in here but we didn’t double check.
This was our first podcast; not sure if we’re going to make it a recurring thing yet because it took more time to develop than it should have.
What we do enjoy are multiple points of view bordering on consternation. Nothing like a snooze fest where everyone agrees on the same thing.
Pass.
If podcasts are a good medium for you readers, let us know and we’ll consider running more in the future. We think a fun series might be a statement dissection series where we show how people like Jeff Sloan afford their 19th house in Aspen.
JT.
Great job on the POD cast, from my perspective, this really didn’t teach me much. This does not mean it was not a value to others.
You ran this well, you commentators had excellent knowledge and “presence.”
Regards,
Vincent.
Is the Payfac model just another way of fleecing the merchants? Unless you have the right card mix, Payfac pricing is inherently expensive. Software companies use this model first to lock their merchants into a single credit card processing provide; then, the fun begins for the provider as they increase prices.