Merchant of Record
Do you have multiple customers using your services?
If so, it could be very beneficial for you to be set up as a Merchant of Record. YPT have years of experience in setting up merchant services for large clients in this way.
We spend time ensuring we understand the intricacies that impact your business set up and model and then advice the best route to enable you to work as a Merchant of Record in a way that is beneficial to you and your customers.
Who?
The types of client that Merchant of Record works for are those with multiply customers using their facilities, for example:
Software providers
E-Commerce
Direct to Customers Sales
And many more
If so, it could be very beneficial for you to be set up as a Merchant of Record. YPT have years of experience in setting up merchant services for large clients in this way.
We spend time ensuring we understand the intricacies that impact your business set up and model and then advice the best route to enable you to work as a Merchant of Record in a way that is beneficial to you and your customers.
Who?
The types of client that Merchant of Record works for are those with multiply customers using their facilities, for example:
Software providers
E-Commerce
Direct to Customers Sales
And many more
Benefits
If you deal with multiple customers in this way, you may already have an agreement in place with your acquiring partner that gives you an additional revenue stream, usually in the form of a revenue share. But you still have to put every single customer through a long onboarding process, meaning a lot of work for you and your customer. There are no guarantees after all this work that your customer is successful in getting through the risk checks and securing the facility they need to take payments.
As a Merchant of Record you go through this onboarding process with the acquirer just once. The onboarding process for your customers is then up to you.
Meaning you have full control over the speed of set up, the risk you are willing to take, have flexibility in your approach and even the opportunity for a larger revenue share.
If you think Merchant of Record could work for you, get in touch with our specialist team today for an initial free consultation.
If you deal with multiple customers in this way, you may already have an agreement in place with your acquiring partner that gives you an additional revenue stream, usually in the form of a revenue share. But you still have to put every single customer through a long onboarding process, meaning a lot of work for you and your customer. There are no guarantees after all this work that your customer is successful in getting through the risk checks and securing the facility they need to take payments.
As a Merchant of Record you go through this onboarding process with the acquirer just once. The onboarding process for your customers is then up to you.
Meaning you have full control over the speed of set up, the risk you are willing to take, have flexibility in your approach and even the opportunity for a larger revenue share.
If you think Merchant of Record could work for you, get in touch with our specialist team today for an initial free consultation.