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<h1>From Stitch HQ</h1>Find insights from our work helping businesses build better and scale faster, and read the latest news from the Stitch team.

A payment processor is a company that handles the logistics of electronic payments. A payment facilitator, or payfac, acts as both a payment processor and a merchant account. Here we explore the difference between the two.

What is the difference between a payment processor and a payment facilitator (payfac)?

There are a lot of terms in the payments space that have nuanced meaning. Here, we explore the difference between a payment processor and a payfac, including how to decide which is right for your business.

Get stories about money movement around the world in your inbox from our publication: Flow

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How money moves

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Stitch Blog | Insights on the digital payments landscape

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