Compliance and technology are the keys to successful aggregation of small sub-merchant accounts
The merchant aggregation model covers all commerce types, including the merchant face-to-face environment, e-commerce and mobile merchants. Visa’s Payment Service Provider (PSP) and MasterCard Worldwide Payment Facilitators model increase card acceptance for merchants who lack a traditional acquiring relationship.
If your company wants to aggregate payments of global sub-merchant accounts, you have to position yourself as a licensed acquirer in their domestic country or region. The process for getting your business a Payment Facilitation license can be complex, confusing and time consuming. Rocketpay Group offers the help you need to expand your market reach worldwide.