Statements (33)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Business model
|
| gptkbp:alsoKnownAs |
PayFac
|
| gptkbp:category |
Financial services
Payment processing |
| gptkbp:distinctFrom |
Traditional merchant acquirer
|
| gptkbp:emergedIn |
2010s
|
| gptkbp:enables |
Sub-merchants to accept electronic payments
|
| gptkbp:example |
gptkb:PayPal
gptkb:Stripe gptkb:public_square gptkb:Adyen |
| https://www.w3.org/2000/01/rdf-schema#label |
Payment facilitator
|
| gptkbp:notableCollection |
Transaction fees
|
| gptkbp:originatedIn |
gptkb:United_States
|
| gptkbp:performs |
Risk monitoring
Compliance with KYC and AML Underwriting of sub-merchants |
| gptkbp:provides |
Merchant accounts to sub-merchants
|
| gptkbp:reduces |
Time to accept payments for sub-merchants
|
| gptkbp:registeredIn |
Acquiring bank
|
| gptkbp:regulates |
Card networks
|
| gptkbp:responsibleFor |
Chargeback management
Reporting to card networks Settlement of funds |
| gptkbp:streamlines |
Onboarding process for merchants
|
| gptkbp:subject |
Anti-money laundering laws
PCI DSS compliance Card network rules |
| gptkbp:usedIn |
E-commerce
Mobile payments Point of sale |
| gptkbp:bfsParent |
gptkb:Payment_Processors
|
| gptkbp:bfsLayer |
7
|