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Finshark

#Payment method

FinShark is a platform focused on payments, real-time payments, and financial services for various industries.

Market coverage N/A
  • United States of America
Description

FinShark is a platform focused on payments, real-time payments, and financial services for various industries.
It offers products like instant payments, real-time payments, and premium financial insights. Powered by leading financial institutions in Europe, it provides quick integration, proprietary technology, and has secured all necessary approvals to operate. Particularly popular in Scandinavia, it covers 99% of all bank accounts in the region. It’s authorized by the Financial Supervisory Authority to provide payment and financial data services, making it a certified Payment Institution.

Finshark's features

  • 3D Secure
  • Chargeback management
  • Chargebacks
  • Partial Captures
  • Partial Refunds
  • Payin
  • Payout
  • Recurring Transaction
  • Recurring Transactions
  • Refunds

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Note that the payment methods offered by each bank or payment service provider may vary depending on the country and the type of account or service.

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Frequently Asked Questions

What is a Payment Aggregator (#PA)?2023-09-14T14:17:02+02:00

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.

What is a Payment Facilitator (#PayFac)?2023-04-18T18:56:26+02:00

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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