Transact365 is a global payments platform powering merchants across the world in a number of industries. With robust and scalable technologies our platform supports bank wires, card payments and multiple alternative payment methods whilst maintaining near zero levels of fraud and chargebacks. Think Local, Go Global forms the core message of our business as we expand and continue to add new and exciting products from our two global headquarters.
A PG is a transaction processing technology that captures, stores, and transmits card information from the customer to the acquirer.
A PSP is a financial entity that is authorized to process transactions between buyers and merchants.
A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.
A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.
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