Select the PayPal contact to which you’d like to send to crypto and confirm your fee-free transfer. A payment facilitator (PayFac) is a merchant services business that sets up electronic payment and processing services for business owners, so they can accept electronic payments online or in-person. Start your full commerce journey Get started today. Secure means of payment. Registration Number. Transfer money online in seconds with PayPal money transfer. Smart shopping, easy checkout. Uber corporate is the merchant of record. Select your PayPal Debit Card . The second type is a more modern, technology-first payfac solution from a commerce provider like Stripe. The first type is a traditional payfac solution that involves partnering with an acquiring bank (or an acquirer and payfac vendor) and building out systems for processing, onboarding, risk, and more. Different companies offer this mechanism as a service on the market. * This promotion is valid until September 15, 2023 for PayPal users with an active US account. Status: 705 - Partial Section 8 & 15 Accepted And Acknowledged. We’ll answer as soon as we can. The PayFac does not have to underwrite all merchants upfront — they are instead, underwriting the merchants essentially as they continue to process transactions for them on an ongoing basis. There are multiple acquirers that now offer the PayFac model. This solution includes hosted payment pages; one-time, subscription, and one-click billing solutions; risk management; affiliate tools, and end-user customer support. In addition, you can deliver profit and loss insights faster than ever before so that business owners can actually use the fresh and timely” information to better navigate their. Just to clarify the PayFac vs. Pay, Send & Receive Diaspora RemittancesPayPal. required. Includes Everything a PayFac Needs to Originate Nacha-Compliant ACH Debits and Credits, Manage Returns and Recover NSF Payments. ETA’s PayFac Committee met this month for a panel discussion on The Scotus . Offering similar services to popular payment processing tools like Stripe and PayPal, PayFac is a third-party merchant service provider. Optimize your finances and increase automation with our banking infrastructure. Integrated per-transaction pricing means no setup fees or monthly fees. Over time, the PayFac model has gained popularity among businesses of all types and sizes, as it offered a range of benefits beyond just streamlined payment. Online marketplaces and payment facilitator modelAvoid the slow, manual sub-merchant onboarding with other payfac solutions, and offload your payments compliance obligations to Stripe. One classic example of a payment facilitator is Square. Uber corporate is the merchant of record. The costs to process payments vary depending primarily on the card type the customer is using. Tap Wallet. Paypal outages reported in the last 24 hours. Choose your own link. PayPal is a merchant of. The secure integration of payment facilitation with these types of software enables businesses to automate payment processing and streamline the checkout process. Once logged into PayPal, enter the crypto section of your application and choose the coin you want to send. PayPal Credit is a specific service that lets you use your PayPal account to pay for stuff on credit, just like you would with a credit card, but it’s only available to use at PayPal-accepting stores. With a robust API, Rainforest offers everything developers need to embed payments processing into their platform. Learn more about our business credit card and apply here. Registered payment facilitators earn 20-40 basis points more per transaction than they would riding the rails of another wholesale PayFac. PayPal is one of the safest, most widely accepted ways to pay for your purchases on the Internet. View all Toast products and features. It provides additional revenues, makes the platform more competitive, brings in new customers, prevents churn, and improves payment experience. 5%. Sage Intacct. string. Centralize your parking data to operate more efficiently, increase revenue, and improve the parking experience with an integrated solution. They want some reputable and trusted entity to represent them in the eyes of their clients. January 9, 2023. 7. Serial Number. What to Know. Me link and share it instantly with anyone: friends, customers, or partners. Simplify funding, collection, conversion, and disbursements to drive borderless. Retail payment solutions. Cardknox Go (PayFac) – Become a Payment Facilitator, without the. 6. PayPal provides the necessary payment processing infrastructure and takes care of all the. The PayFac model allows a single entity to become the “merchant of record” and board sub-merchants with fewer data requirements and scrutiny. 11 + from 10% to 12% Payshop Portugal €0. That means they have full control over their customer experience and the flexibility to. In this model, the white-label payfac provider takes care of the underlying technology, payment processing infrastructure, compliance, and risk management. ISOs never come into direct contact with a merchant’s money. Learn about the features of the PayPal digital wallet and download. It lets you use funds from either your bank account or credit card, and you can use PayPal with confidence: Your transactions are protected by PayPal's sophisticated fraud prevention system. 1 U. Explore Toast for Cafe/Bakery. It is common for some problems to be reported throughout the day. Becoming a payment facilitator is a change to your operational and support models, has and it pays long-term benefits. Payment Processing. Agents answer messages between 7AM CST – 10PM CST M-F and 8AM CST to 8PM CST Saturday and Sunday. Top content on 2019, Payments and Revenue as selected by the SaaS Brief community. Please wait while we perform security check Transfer money online in seconds with PayPal money transfer. Unlike traditional models where businesses need to establish individual merchant accounts, a PayFac operates as a master merchant account, enabling multiple. Popular digital wallets include the previously mentioned mobile wallet apps as well as apps like PayPal, Zelle, Samsung Pay. “RIIPL was able to integrate into Paya Connect within a few hours for our vast number of SaaS platforms. Fill out the application for Give Lively membership. Heartland Employee Self Service LoginOnline payments built to build your business. When the PayFac entity integrates the necessary payment technologies, the sub-merchant (your business) starts accepting various online payments through network cards and online (no-card-required) payment methods. For the. Find answers to your PayPal questions. 717. Resolve transaction or account issues. The PayPal Business Cashback Mastercard® credit card gives your business buying power while earning unlimited 3% cash back on all PayPal purchases and 2% cash back on everything else. payment types. 01274 649 893. Uber and Lyft, Etsy,. If you're using a direct provider, your customers can. Send Link. , March 30, 2021 / PRNewswire / -- PayPal Holdings, Inc. By default, PayPal developer accounts have 2 sandbox accounts: a personal account for buying and a business account for selling. Just log in to PayPal, go to your Message Center and choose “Ask the PayPal Assistant. PayPal is the faster, safer way to send money, make an online payment, receive money or set up a merchant account. 5. Take advantage of our fast, convenient payment options and pay your bills on time, on your time, every time. 5% of each transaction, plus a fixed fee of 5 cents to 49 cents. There's a market to serve there. Thinking about the three-to-five-year strategic plan — geographics expansion, adjacent services and products, and even new end customers — can help sharpen the focus on PayFac options, she said. While the term is commonly used interchangeably with payfac, they are different businesses. Find the top Payment Facilitation (PayFac) platforms in 2023 for your company. Use Plaid Auth. 3. You can use paypal to send money, buy and sell services and send payments by email. Complete ownership and control of your payments program. NMLS ID #910457. StarGarden Software has been supplying government, healthcare, and education clients with a fully integrated Human. UK domestic. CALCULATE. PayFac or payment facilitator model allows you to add a new revenue stream to the profit you get from selling your core product. ACI Payments, Inc. ; Modular Technology Each element of the Global Payment Orchestration. Customized software to fit your business model and customer needs. Works with existing shopping carts if you just need a way to accept credit card payments. It's collaboration—and there's not a chatbot in sight. A payment processor is a company that works with a merchant to facilitate transactions. Integrate seamlessly with legacy tech. Reporting & Analytics. Unify commercewith one connection. We have APIs for all business types, whatever your size or location and whether you take payments online or at point of sale. Checkbook's RESTful API is the simple way to track payments, send checks, onboard customers and more all from your own site or platform. As a PayFac, Segpay handles the sub-merchant onboarding and provides a fully managed payment processing solution. In reality, by outsourcing, the company can be helped to save up to £1000 per employee; employees will be given a better service; HR employees will be freed to work on more strategic people issues and with the right advice and preparation. Process credit card payments anytime, anywhere. What is a payfac? A payfac, short for payment facilitator, is a type of provider in the payments industry that simplifies the process for other businesses to accept credit and debit card payments. Top content on Payment Solutions and White Paper as selected by the SaaS Brief community. Stripe Connect is the fastest and easiest way to integrate payments into your platform or marketplace. PayPal. Payroll. Welcome to the PayPal Global Facebook page. That confusion clouds the responsibilities payfacs must assume, warned acquiring experts Deana Rich and Holli Targan in a presentation they gave at a payments conference last week. Coinbase Commerce: Best For Integrations. Stripe Plans and Pricing. Take a listen as George and Nick Starai, Chief Strategy Officer of NMI discuss the role of the independent payments gateway and its evolution as a technology and business enabler for today’s providers of payment acceptance: ISOs, ISVs, and merchants. B2B. The Worldpay PayFac® experience goes the distance from boarding sub-merchants to collecting payments, reducing risk, and more. next-level service: 24/7, every day of the year. We will also show you other payment methods you have available in your account with PayPal. The PayFac model offers control over pricing and payouts that the ISO model can’t. Log In. The Worldpay PayFac® experience goes the distance from boarding sub-merchants to. These systems will be for risk, onboarding, processing, and more. You'll get the login information for both accounts. Seriously. Finance & Accounting Service Mars. We understand the details of embedded payments and the options for building a solution that is secure, scalable and compliant. Whatever your industry. SAN JOSE, Calif. 9 Interchange 127 1. Me link and share it instantly with anyone: friends, customers, or partners. PayPal Working Capital is a business loan with one affordable, fixed fee. It covers topics such as nonprofit payment processing, its types and benefits, how to choose a processor, security and compliance best practices,. eBay sold PayPal. PayFacs are based on the merchant aggregator model created by Visa and MasterCard to provide support for payment card acceptance in marketplaces. 9% plus 30 cents per. Filing Date. From taking payments and processing orders, to customer acquisition and managing your money–with SumUp, it’s possible. The only payment platform that integrates PayPal, Venmo (in America), credit and debit cards with popular digital wallets such as Apple Pay and Google Pay seamlessly, allowing you to reach more customers and drive higher conversion. All from a single payment gateway platform. 01274 649 895. Deliver the best payments experience for your merchants and their customers across every channel and every device: in-store, mobile, online or self-service. 2 See Terms and Rates for New Accounts. A sub-merchant platform involves a Payfac that has been pre-approved for one master merchant account with an acquirer, like TD. 01. MATTHEW (Lithic): The largest payfacs have a graduation issue. In this conversation. TSYS is building the future of payments with a suite of scalable issuer solutions. Chances are, you won’t be starting with a blank slate. years' payment experience. PSPs act as intermediaries between those who make payments, i. Businesses can create new customer experiences through a single entry point to Fiserv. Our APIs enable you to build and scale end-to-end payments experiences, from instant onboarding to global payouts, and create new revenue streams—all while having Stripe handle payments KYC. Payment processing up and running in weeks. Public Sector Support. MyVikingCloud. 705 - Partial Section 8 & 15 Accepted And Acknowledged. Payments just got easier. 支付服务商Payment Facilitator，简称PayFac，是商家的支付服务提供。是一家允许其客户使用支付服务商平台接受电子支付的公司，比如Square、Stripe、Stax 或 PayPal等公司都是支付服务商。 这些账户类型在汇集的主商家账户中汇集了许多商家的资金。Payroll Online Service Stormville NY 12582. Drive efficiency through automated billing and. PayFac-as-a-Service (PFAAS) combines easy-to-integrate payment technology, full-service offerings, and transparent pricing to deliver Independent Software Vendors a simple way to harness the full power of payment facilitation – minus. Quick Summary: This non-profit payment processing guide provides nonprofits with an overview and general guidance on organizing and managing their payment processing activities. The PayFac model thrives on its integration capabilities, namely with larger systems. 24×7 Support. All you need is an email address. The minimum order quantity is 1000 Shares. Pursuant to a settlement of the U. +44 (0)117 930 4455. Choose your own link. Payments system to grow revenue and at the point of sale. S. This article explains how to transfer money from PayPal to your. 4. ISVs & VARs. Node. Article September, 2023. Continue on webJCB Contactless. Financial services businesses have a range of specific needs. It used to take weeks to get a merchant account, but then Payfacs came around and simplified the enrollment process by creating a sub-merchant platform. What Is a Payment Facilitator? The PayFac Model. If you don't already have a PayPal account, signing up is fast and free. g. Payments. The PayFac aggregates transactions and sends them to its processor, keeping operations streamlined. Here’s a rundown of the basic functionality and support that most payfacs provide: Payment gateway Payfacs provide a payment gateway, a software that acts as. To help better understand Payment Facilitation, 9 fintech experts share their thoughts about the most common mistake every new payment facilitator should avoid. S. What is a payment facilitator, and what is payfac-as-a-service? Here’s what businesses need to know about how payfac solutions work. Exact Payments is a team of payments experts with years of experience helping clients build and manage payments solutions. 5% + 15¢ fee. WorldPay. For example, many of PayPal. Becoming a payment facilitator is a change to your operational and support models, has and it pays long-term benefits. Supports payroll fringe benefits. Business Help. Fintech Start-up “A Canadian Fintech start-up contracted and partnered with TERMINOLOGY to design a product strategy that competes with companies like Square, Stripe, PayPal and Clover, a leading terminal and POS systems company deployed around the world. At the same time, some larger companies, including American Airlines, use the services of PayPal for payment facilitation only. We’ll answer as soon as we can. Get the App Send Money. Click Send. Nearly every applicant that applies is accepted, with risk assessments happening after the fact. To accept payments online, you need to connect at least one payment gateway to your site. Call 801. The Evolution of the PayFac In the rapidly changing landscape of modern commerce, the way we pay has undergone a remarkable transformation. merchants to apply an extra checkout fee, also known as a surcharge, to customers who pay with Mastercard-branded credit cards. ”. This will copy the 16-digit card number. What SaaS & E-commerce Companies Need to Know About Payment Facilitator Regulations, and what key regulations. All you need is an email address. Our online payment solutions will fit seamlessly into your infrastructure, providing you with a secure, reliable, and scalable solution that grows with your business. Proven application conversion improvement. Transfer money online in seconds with PayPal money transfer. With our client-centered and technology-driven payment platform, you will change the future of your business. 21%. 1) A PayFac always acts on sub-merchant’s (retailer’s) behalf, while an MOR might be the actual retailer. What is a PayFac? A payment facilitator (PayFac) is a type of merchant acquirer that provides processing services to companies looking to accept card payments. In PayPal, go to the API credentials section by going to Profile > Profile and settings > My selling tools. There's a market to serve there. Transactions. Checks. Better account security with multifactor authentication. Payment processing up and running in weeks. 01274 649 893. Available at millions of global online businesses and continuing to expand over the coming months, PayPal customers with. IaaS enables end users to scale and shrink resources on an as-needed basis, reducing the need for high,. Whether easy, complex or somewhere in between, we’ve got you. It is when a business is set up as a primary merchant account and provides payment processing to its sub-merchants. With BlueSnap Embedded Payments, you can own the payments experience, improve customer satisfaction, increase your revenue and get to market fast. Becoming a PayFac is a process that can be demanding at times. And you can start accepting money from anyone in an instant. We can also help you build banking relationships and guide you on which processes you must put in place to function efficiently as a payment facilitator. How to log into your Dojo account. As a PayPal service, our innovative payments technology, scalable solutions, and legendary white-glove support are backed by one of the world's largest and most trusted fintech brands. FreedomPay Commerce Platform. Whether in or out of the workplace, our employees are living their best life. The process is easy: Select your loan amount. Cardstream has built a network of 400+ acquirers, alternative payment. All you need is an email address. The Worldpay PayFac® experience goes the distance from boarding sub-merchants to collecting payments, reducing risk, and more. And like our technology, our approach to partnership scales up or down as your business grows. The road to becoming a payments facilitator, according to WePay founder Rich Aberman, is long, expensive and technologically complex. All together now — the $350,000 a year in discount rate profit, plus the $200,000 a year in transaction fees, minus the $6 per merchant monthly charges, equals $500,000 a year in revenue for a software company with 700 customers processing $100 million a year in payments. A Payment Facilitator, PayFac for short, is simply a sub-merchant account for a merchant service provider in order to provide payment processing services to their own merchant clients. You own the payment experience and are responsible for building out your sub-merchant’s experience. Fast, efficient boarding solutions that orchestrate third-party and internal systems to help you turn prospects to customers – face-to-face, on the phone, or online. Turning the card, PayFac continues to generate strong growth, 27% for the quarter, as Greg will discuss, it's been a busy quarter of increasing penetration with existing ISVs, implementing new. You can activate directly through your ProPay account or you can call in. Has been dedicated to delivering fast, easy-to-use and affordable solutions for payroll, accounting and tax reporting to small and medium-sized businesses since 1984. 2021-11-09. consumers, and those who accept them, i. The Worldpay PayFac® experience goes the distance from boarding sub-merchants to collecting payments, reducing risk, and more. Full commerce. Cardstream is launching PayFac-as-a-Service, a new white label service for companies seeking to become payment facilitators. Mastercard Rules. + 0. After the transaction data is received, a merchant passes it to the payment gateway via another encrypted SSL channel. This specialty makes Paypal one of the safest gateways of transactions. ) PayPal is a classic example of a PayFac, or master merchant serving myriad small sub-merchants. Basically, a payment facilitator allows SaaS companies to focus more on providing a great user experience for their customers, with integrated payments being just one part of it. At Revision Legal, we protect businesses that thrive online, and understand the connections between law, technology, and business. S. For financial services. We’ll run through these one by one, next. To add eligible cards with rewards to PayPal, your available reward balance will appear in your Wallet. This solution includes hosted payment pages; one-time, subscription, and one-click billing solutions; risk management; affiliate tools, and end-user customer support. † For best estimate, enter an amount less than or equal to the pretax contribution limit: Health Care FSA for 2023: $3,050; HSA for 2023: $3,850 (individual coverage) and $7,750 (family coverage); Age 55 or older: You may contribute an additional $1,000 to your HSA. It then needs to integrate payment gateways to enable online. Why it matters: In a long-awaited announcement, PayPal, which claims over 400 million users, is giving them the option to. Learn more. Money can be sent directly to an email address, thus prompting the users to sign up for a new PayPal account. We've launched our GraphQL API. 2527 to activate your card outside of the U. Quick and easy payment acceptance for your business. The Insights dashboard. Renew payfac registration and licenses: Re-register as a payfac with card networks annually, and update or renew MTLs on the required cadence. Tailor-made for Lenders, Retail, Franchises, Education, Insurance, Medical, Veterinarians, Government, Restaurants, Collections and More. A Payment Facilitator (PayFac) is a type of merchant services company that provides business owners with a way to accept electronic payments, both online and in-store. On the February 11, 2020 ePayments Systems Limited (‘ePayments') agreed with the Financial Conduct Authority (‘FCA') to suspend all activity on its customer accounts. PayPal, Stripe and Square have proven this model can be very profitable and that risk can be mitigated. If the PayPal Assistant can’t answer your question you can be transferred to an agent. The new all-in-one PayPal App lets you manage all your money in one place. Traditionally, a business that wanted to accept card payments would need to set up a merchant account with a bank, which can be a complex and time. We understand the details of embedded payments and the options for building a solution that is secure, scalable and compliant. PayPal finally enables cryptocurrency withdrawals. To send a payment simply enter the recipient's name, email, and the amount - that's it! Whether you are using our RESTful API or our full featured online dashboard, Checkbook offers the tools you need to disburse payments at scale. 5% and a fixed fee of 5 to 49 cents for each transaction. Through its platform, Usio offers a way for companies to access the benefits of Payment Facilitation (PayFac) without facing the hassles or incurring the complex and laborious upfront investment required, much less the risk. PayPal employees are satisfied with the company culture that is defined by a strong set of values. A Fortune 500 Workforce Management System Tailored for Businesses of All Sizes. What is a payment facilitator (payfac)? What are the differences between payment processors and payfacs? Do I need a payment processor or a payfac? Is Stripe. Seamlessly embed our Global Payments technology into your software platform and facilitate payments with comprehensive solutions for onboarding, underwriting, compliance, reporting and more. The PayFac model emerged in the early 2000s, pioneered by payment facilitator US companies such as PayPal and Stripe, which offered a simple and streamlined payment processing experience. The IPO opens on September 16, 2022, and closes on September 20, 2022. It's more than just support. Just log in to PayPal, go to your Message Center and choose “Ask the PayPal Assistant. ByteDance was founded in 2012 by a team led by Yiming Zhang and Rubo Liang, who saw opportunities in the then-nascent mobile internet market, and aspired to build platforms that could enrich people's lives. Current employees. is a leading provider of digital payment solutions for the IRS, as well as states, municipalities, colleges and universities nationwide. Settlement must be directly from the sponsor to the merchant. Get help with using any of our PayPal products. (NASDAQ: PYPL) today announced the launch of Checkout with Crypto, a new feature which significantly expands the utility of cryptocurrency. Online – API, hosted online form, plugins, and more; Mobile – Integrate payments within POS apps using our SDK; In-Person – POS integrations and pre-certified terminals; Unattended – Harness our integrations for sleek unattended hardware; Products. Bigshare Services Pvt Ltd is the registrar for the IPO. Shopping with us just might be your new favorite way to check out online or in person. In contrast, PayFacs have one or two processor relationships and onboard ISVs as referral agents. What is a payment facilitator, or PayFac? A PayFac is an organization that processes payments on behalf of merchants A payment facilitator is a merchant-service. 8%, but FedNow Unaffected. They're working to rebuild a payfac on top of eBay. The Worldpay PayFac® experience goes the distance from boarding sub-merchants to collecting payments, reducing risk, and more. The Square standard processing fee is 2. JPMorgan Chase acquired WePay in 2017, connecting our fintech technology with the strength and security of the #1 merchant acquirer. A PayFac, or payment facilitator, was originally defined by Visa® and Mastercard® to describe the entity that is officially doing business with the card brands. e. Digital platform is both Scheme and PSP. A payment facilitator (PayFac) is a merchant services business that sets up electronic payment and processing services for business owners, so they can accept electronic payments online or in-person. ISOs VS PayFacs Both PayFacs and ISO’s (independent sales organizations) act as intermediaries between merchants and payment processors . If you need assistance, call 1-877-227-1157 or email support@unipayteam. See our complete list of APIs. The team at Exact Payments was excited to show off our PayFac-as-a-Service solution. Cons. 2-The ACH world has been a. Request a Demo. Contact Us. Chief Product Officer EZ PayFac. PayPal UK Ltd is authorised and regulated by the Financial Conduct Authority (FCA) as an electronic money institution under the Electronic Money Regulations 2011 for the issuance of electronic money (firm reference number 994790), in relation to its regulated consumer credit activities under the Financial Services and. Why it matters: In a long-awaited announcement, PayPal, which claims over 400 million users, is giving them the option to take full. Free to use for many domestic transactions. Bridge the gap between digital and physical commerce experiences through existing payment. Accept payments online, in person, or through your platform. 99% plus 49 cents per card transaction, PayPal’s fees are slightly higher than many of its competitors. Tap to Pay on iPhone. Avoid phishing attacks by practicing key techniques to detect fake messages. Those sub-merchants then no longer have. Step by step. They’re also assured of better customer support should they run into any difficulties. It offers the. Send and receive payments globally, increase authorization rates with smart routing, conquer fraud, and win control over your payment strategy—all through a single point of integration. €0. The secure integration of payment facilitation with these types of software enables businesses to automate payment processing and streamline the checkout process. eBay sold PayPal. 9% to 3. Paypro Workforce Management is powered by Ultimate Kronos Group®. Instead, in the PayFac model, a small business gets a submerchant account under the master merchant. PayPal is the faster, safer way to send money, make an online payment, receive money or set up a merchant account. Get the PayPal Honey shopping extension. The PayFac manages regulatory compliance, merchant onboarding, funding to bank accounts, and more on behalf of sub-merchants. Expand the value of your SaaS platform with integrated payments. Revenue and Finance Automation. Following compliances & maintaining standards: The PayFac service providers ensure that compliance like PCI-DSS and the required industry standards are followed taking the burden off the clients. They are an aggregator that often (though not always) have already. Fast, efficient boarding solutions that orchestrate third-party and internal systems to help you turn prospects to customers – face-to-face, on the phone, or online. , PayPal) or they can be proprietary (e. If you don't already have a PayPal account, signing up is fast and free. Accept online payments and enable customers to pay with all major credit and debit cards plus PayPal and Apple Pay. Browse common questions, watch videos, or ask the Community. for manually entered cards. Click Payments. The monitoring process ensures that there are no anomalies and in cases of unlawful activities, suspensions are placed. The payment facilitator, or “PayFac”, model of merchant acquiring is growing extremely rapidly. Technology company to Acquirer. Includes website, blast emailings, discussion forums, blogs, and surveys. There are two types of payfac solutions. To a certain extent, PayPal is in this market, as are the credit card companies with their tokenization programs for internet transactions. Achieve Next Level Commerce™ with FreedomPay's interconnected, global commerce platform and payment systems. When PayFac became a buzzword among software platforms and the many businesses trying to sell to them, the meaning of the word started to blur. PayPal’s Mission Statement. g. Additionally, a range of online payment processors like PayPal and Apple Pay are compatible with PayFac technology, allowing customers to use their preferred payment method. JCB Contactless is a payment method that enables secure, simple and fast payments. Your homebase for all payment activity. Braintree a PayPal Service. ISOs and PFs may occupy similar space, but their fundamental differences set them apart from each other. An account with PayPal is required to send and receive money. All you need is an email address. The smartest way to get you paid.