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Podcast: B2B Vault: The Biz To Biz Podcast
Episode: What is going on at PayPal, Stripe, and Square? | FinTech | B2B Vault | Episode 167
Description: What is going on at PayPal, Stripe, and Square?
So there is a buzz about the following.
All 3 companies have a new policy
Processing fees will no longer be refunded to your account when you issue a full or partial refund to your customers.
They are all doing this to match industry standards.
What is the industry standard?
If you are using a Payfac – like PayPal – stripe – square etc. – they are a payment facilitator, and they are the merchant of record – you do NOT have a merchant account.<...