Become a payment facilitator
We provide a robust, hands-on program for our clients to become approved and registered as a payment facilitator.
Software companies are realizing they can generate more revenue, improve financial governance over pricing, and better support their customers by becoming a Payment Facilitator. As a result, payment facilitation has become the fastest growing payments model over the past decade. From 2009, when rules were first established, to 2020, over a thousand organizations have registered as payment facilitators globally.
Payment facilitation gives you more control over underwriting, onboarding and settlement to your customers. From simplified pricing to an easy online merchant application process and service, your customers will interface with your organization exclusively. The stringent compliance requirements associated with AML, customer screening, and KYC must be met prior to approval as a payment facilitator and, after that, be routinely managed.
RPY is here to help you accomplish all of this.