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All Places > Merchant Solutions - (Payment facilitators, Sub-merchants, Docs ) > Blog > Author: lizcrider

A model for streamlining merchant services

 

In the payment facilitator model, a software provider registers with an acquirer to provide payment services to sub-merchants that utilize their software. By registering as a payment facilitator with an acquirer, the software provider acts as a “master” merchant account provider, boarding sub-merchants under their own account in order to facilitate payment transactions for them. Payment facilitators eliminate the need for individual merchants to establish a traditional merchant account.

 

Payment Facilitators take on an active role in facilitating transactions by providing white-labeled payment processing services that can be integrated into a sub-merchant's overall solution, or as part of their own platform as a service.

 

But what exactly does it entail and is it right for you?

 

Software providers have many options when it comes to facilitating payments. While one avenue is to become a payment facilitator, that may not always the right path for your business. Worldpay is here to guide you in the right direction so we interviewed Jake West, Sr. Leader in PayFac® Business Development, to answer a few questions about what becoming a Payment Facilitator really means.

 

Read the Q&A now