Get Answers Support Tax Filings & Payments 1099 Form 1099-K Who is referred to as Electronic Payment Facilitator in Form 1099-K? Last modified 6/23/2020 9:22:55 AM EST An Electronic Payment Facilitator offers payment services for merchants who want to process customer payments online. Regardless of the business size, merchants can get their own accounts from banks or other payment service providers with access to the payment services or systems. After you get your account, your customers can complete payment transactions through your account. Some of the Electronic Payment Facilitators are Amazon, PayPal, Stripe, and Due. Was this helpful? Yes No Related Questions What is a Payment Settlement Entity with respect to Form 1099-K? Who must file Form 1099-K? Who is a payee in Form 1099-K? What is 'Card Not Present transactions' related to Form 1099-K? Go to Home Page Need more help? Get in touch with our dedicated support team Contact Us (704) 684-4751 support@taxbandits.com Sign Up for a FREE TaxBandits Account! The Smart CPA Choice Register Now Already have an account? Sign in