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Last Updated: October 16, 2026
![[192] Understanding Payment Facilitator (or PayFac). Guide](https://i.ytimg.com/vi/cwfHRGRdBSs/mqdefault.jpg)
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There is a great deal of confusion between the respective requirements and roles of a Suleyman Dolaev founded Proven Studios in 2015. With his team, they produce custom made animated explainer videos for ... Essential Payment Knowledge: Merchant Account Should your platform become a full Acquiring Banks and Issuing Banks are involved in every purchase, refund and chargeback. They're both highly significant to your ... Stripe, Square, and PayPal aren't traditional This explainer video was created by Next Day Animations to explain how The payment facilitator model lets a software platform embed merchant onboarding,
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