PayFac-as-a-Service and the Evolving Payments Landscape with Caleb Avery of Tilled
PayPod: The Payments and Fintech Podcast
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The Role of a Payback in the Payments Chain
Payback is short for payment facilitator. S&B's typically coming in and filling the role that their ISO or the bank was providing previously, providing them access to the card brands. The payback goes through a very extensive vetting process with the banks, the acquirers, the card brands to get registered as what's considered a master merchant.
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