About 50 thousand years ago several humanities co-existed on our planet. Relationships of modern humans with other human species (such as Neanderthal etc) ranged from killing and eating each other to interbreeding. Modern-type humans turned out to be better adapted to changing environmental conditions. So, at some point all other human species became extinct. However, […]

Imagine, you discover a spring with clear water on your property. What will you do with it? Scenario 1: keep the water source to yourself, to be used by your family and friends only. Scenario 2: start letting people enter your property and use the well for a fee. Scenario 3: start selling bottled water […]

Would you like to have a cottage somewhere in the mountains? From there you could go hiking and, perhaps, skiing with your friends and family. Plus you could rent it (or part of it) to other people, who also want to go to the mountains and need some place to stay. And if you feel […]

Is it time to become a payment facilitator and make more money on payment processing? This is a question which many companies are asking themselves every day. Is your company one of them? Maybe, you have already considered the prospect of becoming a PayFac, and answered the question affirmatively. The biggest challenge about becoming a […]

Many companies are considering the prospect of becoming a payment facilitator as the most beneficial development of their business model. Just like any other project, related to merchant services industry, a payment facilitation project consists of a business phase and a technical phase. Business phase is about finding an acquiring partner. Technical phase is about […]