A Guide to Geometric Growth using Integrated Payment Processing”. Payment Facilitator. After this, the payment facilitator is integrated into the sponsor’s payments technology platform. Small/Medium. Stax Payments, a leading payment technology provider, announced its acquisition of Atlantic-Pacific Processing Systems (APPS) creating an end-to-end, seamless payment processing platform. Here is a recap of the top integrated payments articles of 2018 for ISVs and software developers. With UniPay Platform you have the options of an affordable white label payment gateway solution, a full on. An award-winning API set, unique customization, and exceptional customer service that embeds payments into your solution without disruption. Software providers within verticals tend to merge with and acquire other organizations in the same vertical, for good reasons. Check out all things integrated payments in 2020. Integrated Payment Systems at a Glance. foundations of money and payments that together make up the fundamentals of the monetary system. Strategic growth facilitation. PUREfac Managed Payment Facilitation; PUREcloud; Tokenization & Card Account Updater;. APPS is a perfect match for Splitit's Installments-as-a-Service platform and will empower our Agents, ISO's, ISV's and Payment Facilitators to grow their margins with their clients, an important. Relying on a unique combination of postal big data and statistics made available by 172 countries, it paints a picture of an asymmetric state of postal. 🎥 In this video, we dive deep into the world of integrated payment strategies for software companies, specifically focusing on Payment Facilitation (PayFac). 01274 649 893. Build your own pixel-perfect payment experience. The PayFac gathers a few key data points from. Basically, a payment facilitator allows SaaS companies to focus more on providing a great user experience for their customers, with integrated payments being just one part of it. While all of these options allow you to integrate payment processing and grow your. -based payment facilitation platform, announced on Wednesday it secured $11 million through its Series A funding round, which was led by Rebecca Lynn from Canvas Ventures with. The second type is a more modern, technology-first payfac solution from a commerce provider like Stripe. As a PayFac, your company would establish a master merchant account, allowing you to manage and process payments for your customers (sub-merchants). Payment facilitator. From 2022 to 2029, the CAGR for embedded payments in Australia is expected to be 29. What SaaS & E-commerce Companies Need to Know About Payment Facilitator Regulations, and what key regulations. A Payment Aggregator or Facilitator [Payfac] can be thought of as being a Master Merchant-facilitating credit, debit card and ACH transactions for sub-clients within their payment ecosystem. Becoming a payment facilitator is a change to your operational and support models, has and it pays long-term benefits. Enabling businesses to outsource their payment processing, rather than constructing and. They underwrite and onboard the submerchants and then provide them with the technology they need to process electronic payments and receive the funds from those payments. By integrating it PayFac into your systems, your end users will each go through an identical onboarding process, so you don’t need to ask your customers to seek a. Germany’s Siemens. Vantiv, Inc. ACH Integration; Payment Gateway Integration; Credit Card Payment Integration; SaaS Payment Processing Partnerships;By facilitating payments for the food supply chain through a one-stop solution integrated with our best-in-class WholesaleWare, OrdersIO, and Farmigo software products, GrubPay will make payments. The Reserve Bank of India (RBI) reported a compound annual growth rate (CAGR) of 61% in volume and 19% in value for digital payments in India between 2014–2019. APIs enable real-time FX rates. ( EPAY ), Coupa Software Inc. SaaS and PaaS applications differ greatly in their requirements for payment facilitation, and that’s where we have the. Published. Integrate payments into your platform, drive a new revenue stream and improve customer experience with one smart solution: Payment Facilitation by J. Apply for Credit Limits from Bank of Baroda. Venkatesh et al. Explore Our Unique Payment Options. MSME Intent Registration. Such a solution provides the following: Eliminates the MTL requirements; Manages the. Within both the consumer and corporate sectors, a significant shift continues across the payments industry. The SaaS platform hands off the merchant account application, provisioning, support and risk mitigation to the TPP. Adds Leading U. Contact our Internet Attorneys with the form on this page or call us at 855-473-8474. BlueSnap's All in-One Accounts Receivable Automation solution is the best rated software solution for payment processing, billing/invoicing, recurring billing, and subscription management. FIGURE 2: SaaS Payment Facilitator Examples Source: company websites, Flagship Advisory PartnersThey understand the need to for a payment solution to be integrated, and because the most common payment rail is credit cards, that's the typical focus on the payment integration. (2019). Whether to become a Payment Aggregator or Payment Facilitator has far reaching implications for a SAAS application provider. rom a team that has dedicated their careers to creating solutions designed specifically for software providers and their customers, Paragon Payment Solutions knows integrated payment processing. Dec 10, 2020 6:39:49 PM. Get instant notifications for timely actions. 8 Things to Look For in a Payment Gateway Integration. 26 per transaction. Look for a provider that offers the capabilities, security, and uptime that will meet your needs and those of your clients. A facilitation payment or “grease payment” is a small sum of money paid to a Government Official in order to expedite routine and nondiscretionary activities, such as obtaining a visa or work order, installing telephone service, or initiating electrical service. 🎥 In this video, we dive deep into the world of integrated payment strategies for software companies, specifically focusing on Payment Facilitation (PayFac). But this notion of. Independent software vendors have the potential to address $35 trillion in payments, or 15% of the worldwide total, by integrating payments into their platforms. And as we look to recovery and growth beyond the pandemic, travel merchants and their acquirers need to work together in a different way. Financial Institutions in Latin America are taking advantage of new consumer behaviours to develop and implement forward-thinking payment methods… a progress that was almost unthinkable just a few years ago. FIGURE 2: SaaS Payment Facilitator Examples Source: company websites, Flagship Advisory Partners They understand the need to for a payment solution to be integrated, and because the most common payment rail is credit cards, that's the typical focus on the payment integration. Swipesum will join your team to find the best integrated payments partner, assist in winning negotiations, and then help manage your payments operation. The integrated payments model has evolved to the point that ISVs are now able to become payment companies themselves, offering a one-stop merchant. It’s true that by becoming a payment facilitator you can generate more profit (or basis points), per transaction. The desire to remain in control has led some ISVs to take on the role of payment facilitator. Elavon is the innovative, secure and global partner for your payment processing needs, whether you do business online, via mobile, or in-person. EpicPay International LLC, DBA Fortis Payment Systems LLC is a registered Independent Sales Organization of Wells Fargo Bank, N. 888. Payment facilitators have been approved for one master account from a provider. Thanks to the emergence of dedicated. Put our half century of payment expertise to work for you. News. Payfac-in-a-Box includes: Ability to quickly and efficiently create a custom, embedded and holistic payment solution through our suite of APIs. Our onboarding paths are made to help new users get started and grow on our platform faster. You own the payment experience and are responsible for building out your sub-merchant’s experience. A Payment Facilitator [Payfac] is essentially a Master Merchant that processes credit and debit card transactions for sub-merchants within their payment. View Nelnet's convenient options for making payments automatically, through your Nelnet. PayFacs are a relatively new type of organization. Through its thousands of global bank, mobile money and. While embedded payments offer a more seamless experience but come with higher upfront costs, integrated payments might be more cost-effective initially but consider the long-term costs of maintenance and updates. and Canada, empowering you to expand your business on a global scale. Online B2C buy now pay later payments. , Sioux Falls, SD. 5. Our fully integrated, API-first technology platform makes payment facilitation quick and manageable by offering: Card-present, card-not-present, mobile and e-wallet solutions. They often leverage payment facilitation models to underwrite merchants directly or provide these services to their ISV partners in. The advent of PSD2 has forced many of these companies to factor in regulatory overhead to continue operating. 4811. 01332 477 853. payments, and the options that banks have in this evolving ecosystem to defend and extend client opportunities. Monetize Payments With PayFac-as-a-Service. Managed PayFac or Managed Payment Facilitation – The 2023 Guide. The Payment Facilitator Model. Simply put, software companies partner with banks and technology providers to extend a seamless experience to customers on their. Additionally, they settle funds used in transactions. Integrated payments software refers to solutions that enable the direct acceptance of online payments within a software application, rather than requiring a separate payments process. Payments and software are still handled by two separate providers, but their systems are communicating through APIs, and the payments can be reconciled with the software system through automation. The Fortis Platform's embedded payments solution offers an award-winning API set, unique customization, and exceptional customer service that embeds payments without disruption to your current workflow. Simpler payment. ( COUP. Exact is integrated with leading processors in the US and Canada, including Elavon, Fiserv, Global Payments/TSYS, Chase Canada, and Moneris. Activation and training team: For help getting started using your payment equipment, call 1-866-451-4007. Payment facilitators are merchant service providers that enable merchants to process payments electronically. Utilize these metrics to hone your integrated payments revenue success. A payment facilitator, or PayFac, like PayPal, and now Stripe, Square and Braintree, have done away with the traditional hurdles associated with credit card processing. You may likely serve a diverse array of customers, from large enterprises to individuals on “freemium” plans. 19 Years facilitating payments requirements. , & Wiese, M. Step 2: Segment your customers. What is a payment processor? A payment processor is a company or service that facilitates electronic transactions between customers and businesses by processing and authorizing credit card, debit card, and other digital payment methods such as digital wallets. Non-compliance risk. Payments. 254. Partnering with a PayFac (outsourcing to a provider) With this payments model, you are outsourcing the bulk of your payment responsibilities to a PayFac. Integrated payment solutions built expressly for businesses in a vertical industry can remove friction and stress from supply-chain transactions by improving the payment experience. MSME Intent Registration. Depending on your application and business goals becoming a PayFac or leveraging a Payments Partnership can be viable options. Fortis is a registered ISO of. We’ll manage risk, compliance and payouts, and keep you informed through our API. ATLANTA & TULSA, Okla. Weigh the Costs. VoPay’s Fintech-as-a-Service technology is a full stack of integrated payment rails, commerce tools and financial services that can be embedded into any digital platform through a single and scalable API. | [email protected] Facilitation As A Service,. Payment Facilitators offer merchants a wide range of sophisticated online platforms. As a payfac you are generating a higher profit margin per transaction than, say, if you partnered with an integrated payments provider. . Benefits of Payments Data. Payment facilitation is a business model that enables software companies to provide a seamless, end-to-end integrated payment solution to their customers. Selecting the right integrated payments partner can be a complex process. Payments trends 2022: Building a digital foundation. trade facilitation measures – like an NTB reporting mechanism or a simplified trade regime for small traders and capacity-building can be used to their full extent to increase intra-African flows of biodiversity/BioTrade goods and create sustainable regional and continental value chains (UNECA et al. Benefits of Payments Data. All the benefits of PayFac without all the costs. that chose to become PayFacs and. Payments 101. Meeting your platform or marketplace needs. Payment. The payment facilitator model (or PayFac model) was created to streamline the process of allowing end-users of these software platforms to process payments without adding extra steps or requiring additional solutions. If they sell at 2. Historically, ISVs would have referral share agreements with payment processors to enable payment acceptance for their customers. , Cincinnati, OH. The thing you are facilitating must. If you are a SaaS enterprise looking for integrated payment facilitation, a growing Fintech searching for a payment technology partner or a Lending Platform in need of a white-label payment processing solution - we have a complete suite of financial products to suit your use case. Benefits of Payments Data. The keyword "Praxis" echoes, highlighting the simplicity and effectiveness of this integration. The 2022 Integrated Index for Postal Development (2IPD) provides the most comprehensive view on current global postal development. Share your payment links via WhatsApp, social media messengers or any other digital channel and get paid immediately. 0. The industry term is Payment Facilitation (or Payfac), and Exact has everything you need to build and scale the entire process from instant onboarding to flexible payouts, fraud protection, comprehensive reporting and end-to-end data. Make payment facilitation a native part of your payments ecosystem. Payment Gateway Integration: A Growth Strategy for developers and SAAS providers. 2%-0. Through its platform, Usio offers a way for companies to access the benefits of Payment Facilitation (PayFac) without facing the hassles or incurring the complex and laborious upfront investment. Who We Are. iATS Payments is an online payment processor that can be integrated with tons of nonprofit software companies. 1 - Payment Regulations. By the following January, $80,000 had been expended to cover services provided. Integrated payments software refers to solutions that enable the direct acceptance of online payments within a software application, rather than requiring a. While there are some businesses that aren’t all that on top of their accounting, the vast majority of successful businesses have processes in place that rely on daily financial reconciliation. Payroc offers best-in-class sales enablement and merchant processing technology, delivering proprietary, innovative. (NASDAQ:USIO), a leading FinTech company that operates a full stack of integrated, cloud-based electronic payment and embedded financial solutions, today. Turn your users into platform growth drivers. Stripe Connect is the fastest and easiest way to integrate payments into your platform or marketplace. Recently we retained Ernest Park of Airius Internet Solutions for assistance in security. API or pre-built form options. Facilitating Payments Everywhere. The traditional payment facilitator model is. (FAR 32. Becoming a Payment Facilitator or PayFac is often a great fit for SaaS platforms that in addition to a business management app also offers a payment processing solution as well as payment specific solutions,. In this model if true cost is 2. – cost, risk and liability) and find an integrated payments provider that offers an instantaneous, white-labeled, frictionless boarding experience. Create an end-to-end user experience without the overhead. [email protected] payment facilitator (PayFac for short) is a service provider that is layered between the submerchants (the merchants a PayFac works with) and an acquiring body. This includes Tier 1 PSPs, major banks, e-wallets, instant wire solutions, and localized APMs. From referrals to an integrated API to full payment facilitation, it can feel like a steep slope to incorporate payments in any way with a SaaS platform. payments revenue stream by way of the payment facilitator model. At the integrated level, the connection is visible to the end user. 99% uptime availability with transaction response times of less than 1 second. Embedded payments are part of a bigger umbrella term called “embedded finance” that is defined as “the integration of financial services into non-financial websites, mobile apps, and business processes. Thanks to the emergence of. Morgan Research expects 10-year Treasury yields to fall by half around the next recession, from a peak of 3. Payment Facilitator. Costs of Payment Facilitator Registration. This is especially important—and potentially complex—for SaaS companies considering payfac-as-a-service. The term “integrated payments” refers to the seamless combination of payment processing with a company’s software platform or application. IVR Tokenization is the process that securely exchanges full credit card number for a non-sensitive replacement value in an IVR Payment Solution. Payment Services. 5 per cent higher than the global average. Todd Bellino is a Director, Payment Facilitation & Integrated Payments at Payroc based in Tinley Park, Illinois. Specialties Fintech, Partnerships, Payments, Payment Facilitation, ISO & Agent Programs, Integrated Payments, Merchant Services, Payment Processing, Merchant Accounts. Becoming a payment facilitator is a change to your operational and support models, has and it pays long-term benefits. It's when an application has the need to payout a third party a portion of the collected funds prompts them to contact us - and when they become aware of the MSB Factor . This way, the amount that customers pay for their online purchases reaches the. The growth of real-time payments, the increased access to and use of customer data, the expansion of consumer choice within digital and traditional payment methods, and the enhanced. g. August 26, 2021. Most companies. 01274 649 895. VyaPay is a registered ISO/MSP of Citizens Bank, N. Taken literally, Visa and MasterCard define payment facilitators as third-party agents who can sign a merchant. 1. A facilitating payment is a small bribe made to expedite the performance of a routine or necessary action to which the payer is already entitled. And speaking of payment facilitation. True Payment Facilitation ultimately means you are becoming a payments company. , Cincinnati, OH. Far beyond the mere facilitation of transactions, this integration serves as a linchpin for a myriad of advantages that permeate through various dimensions of your business operations. For other assistance, keep this information handy: PCI Compliance – Click here to learn how to validate your compliance. APPS adds payment facilitation platform; ERP, CRM & accounting integrations; and suite of semi-integrated payment terminals with Paynomix acquisition. About Vantiv, Inc. Founded in 2001, EpicPay provides flexible, secure, reliable, and seamless integrated payments technology to more than 13,000 clients. Integrate Evolve's payment service technology into your software platform and you can start offering your customers a seamless payments journey right away. A payment facilitator (PayFac) supplies clients with merchant accounts under its own. The primary function of a payment processor is to verify the transaction details,. 5% of dollars processed. Generally, the least preferred method of contract financing. ABOUT NUVEI We are Nuvei, the first-ever community of payment experts. Differentiator 1: Payment Aggregation The most crucial distinguishing factor of PayFacs is that they operate as merchants themselves and register for processing accounts directly with an acquiring bank. Registered payment facilitators earn 20-40 basis points more per transaction than they would riding the rails of another wholesale PayFac. The Payment Facilitator versus Payment Processors distinction is primarily differentiated by the end customer on-boarding process and the funding + descriptor differences. PayFac® solutions, at your service Worldpay from FIS is your advocate for payment facilitator solutions. As the solution of choice for the future of payments, Fortis moves. Our suite of tools and services offers a choice of funding options, settlement, revenue generation, and risk management capabilities for payment facilitators. Further, from 2017 to 2021, Australia saw a 200 per cent increase in embedded payments. Payment Facilitation FOR SOFTWARE PLATFORMS Payfactory empowers leading platforms with immediate onboarding, payment acceptance and payouts through a suite of restful APIs. , Providence R. FieldRoutes has amazing software for field service companies such as pest control, lawn, and pool companies. payments revenue stream by way of the payment facilitator model. e. From 2022 to 2029, the CAGR for embedded payments in Australia is expected to be 29. I. Learn why payment facilitation is a better choice for software platforms and how payment facilitators bridge the gap between their customers and acquiring banks and processors. Business intelligence. 1. Governments around the world invested taxpayers’ money to save banks from failure, central banks were forced to use unconventional monetary policy to prop up. We’ll offer knowledgeable support in negotiations, source technical capabilities, redline partnership agreements,. Vantiv offers a comprehensive suite of traditional and innovative payment processing and technology solutions to merchants and financial institutions of. 4811 or 513. End Customer Facilitation. Integrated payments technology. Retail Payment Costs and Savings in Kosovo (2022) Governance of Retail Payment Systems: Keeping Pace with Changing Markets (2021)Uniform Business Rate: A multiplier used in England and Wales to determine how much money owners of commercial and industrial properties must pay each year to their local governments. 31. . Like other businesses, many hospitals and health. √ No charge for additional cards,. Adopting to changes with existing payment types and payment. The medical center received a $100,000 capitation payment in January to cover healthcare cost of 150 managed care enrollees. P. The integration of payment. Payment Facilitator. VyaPay is a registered Payment Facilitator of Pathward, N. The integrated System enables applicants to electronically submit their applications for Work/Residence Permit, pay required fees, receive status notification and Grant Notice online via their email accounts. What Is the Difference Between an ISO and IS V? An ISO assists in processing payments for its clients. With its integrated payment platform Omni, business owners, partners, and software companies have access to the industry’s only all-in-one solution providing the card-present, card-not-present. Payment Facilitator Alternative The payment facilitation market is booming, with revenues expected to reach $15 billion by 2025. Bank partner with more than 1,700 financial institutions and 265 ISOs/MSPs doing business in over 30 countries. As a. Our payment facilitation model is an API-driven solution that integrates seamlessly with your tech stack. You need a partner you can trust. We developed a referral program that offers recurring monthly income to you while providing value-added services of an integrated payment account, cash reconciliation, operational and cost savings to your customers. We understand that you are an extension of. Anticipates Results for Fourth Quarter and Fiscal Year 2022 In Line with Previously Provided Outlook. International Journal of Bank Marketing, 37(2), 646–664. Meet business-specific needs with modular UI components. Payment gateways play a critical role in facilitating secure and seamless financial transactions between patients, healthcare providers, and insurance companies. the motivation model and PC utilisation) to form an integrated theory of technology acceptance called unified theory of acceptance and use of technology (UTAUT). A third model to embed payments involves becoming a payment facilitator, known as a payfac. 3. Chances are, you won’t be starting with a blank slate. Hybrid Payment Facilitation;. The company announced this week that it is rolling out Payline I/O, a payment facilitation API for developers to integrate Payline solutions into their own tools. Amaryllis Payment Facilitation Platform can help scale your business and increase your business valuation by monetizing the payments flowing through your service. Before I consider the changing payments environment and the future outlook, let me rst briey touch on t he. Gain full control over your data with daily or real-time reporting from Adyen. Now software businesses can earn revenue by acting as a payment facilitator (PayFac) with Exact’s PayFac-as-a-Service (PFaaS) solution. A caller chooses. | [email protected] the companies that Goldman believes are well-poised to profit from the further digitization of B2B payments are these eight: Bottomline Technologies Inc. Health care may be fertile ground for payment facilitators. The payments provider is responsible for sales, support and onboarding. Simplify account enrollment and onboarding with a complete payment solution. Rm 1202, Delta House, 3 On Yiu Street, Shatin, NT, Hong Kong. As the world of. Stripe’s payfac solution powers some of the world’s fastest-growing platforms. From referrals to an integrated API to full payment facilitation, it can feel like a steep slope to incorporate payments in any way with a…As we sat contemplating this inquirer’s honest question, we had to chuckle a little bit. Paragon is the next era of integrated payments, delivering tailored solutions and strategic partnerships that help software providers. Payment Facilitation Overview. The Biden. In this post, we break down the differences between a few of the most common routes you can take when it comes to integrated payment models: independent sales organization (ISO), full-fledged payment facilitator (PayFac), or PayFac-as-a-Service (PFaaS) models. Here are the five key components that make becoming a PayFac viable option: Available Capital: Facilitation is a development intensive effort. Frequently asked questions. A payment facilitator (also known as PayFac) holds a master merchant account and can help provide sub-merchant accounts to sellers. Stripe can help manage the complexity of compliance, licensing, and card network rules, so you can expand faster and decrease operational overhead. Benefit #1: Integrated payments streamline operations. With traditional integrated payments, you take on more ownership of the process than in the referral model, so your revenue share increases as well – up to 40 bps ofA third hybrid model has emerged as well – delivering an integrated payments partnership – a payment facilitator-like model where you can divvy up payments functions, outsourcing some responsibilities and. If you’re new to it, the lure of payments revenue –. The integrated payments model has evolved to the point that ISVs are now able to become payment companies themselves, offering a one-stop merchant experience. Contextual fields based on location, users. Adding Integrated Payments. Becoming an ACH aggregator or Payment Service Provider lends itself quite. The integration of APPS marks a significant expansion of. The WBG has also played a crucial role in facilitating timely and efficient cash transfers during emergencies and crises, most recently during the Ebola crisis in West Africa. Integrated payments providers that rely on clunky technology can cause significant problems for your business and your investors. Humbani, M. 2. Compliance lies at the heart of payment facilitation. Converge is a leading payment gateway for authorizing payment transactions quickly and securely, whether in-person, online, or on-the-go. As one of the first companies to develop a Payment Facilitator platform in the United States and Canada, EpicPay has established a robust processing infrastructure. Founded in 2001, EpicPay provides flexible, secure, reliable, and seamless integrated payments technology to more than 13,000 clients. CORE payment solutions are typically embedded with a high focus on achieving payment automation, enhanced. The Rise of Payment Facilitation . Grow you online business with our state-of-the-art payment gateway offering multiple payment options (credit card, debit card, UPI, Bharat QR, net banking, EMI payments, DCC payments, Standing Instructions (SI), recurring. Elavon government payment solutions allow government agencies, universities, and other public sector entities to customize their needs for payment processing. The Exact Payments HPP is a secure hosted payment form which integrates directly into your online or mobile store. VyaPay offers fully integrated and on-demand payment solutions. A technology-first solution for payment facilitation. Integrated Payment Methods Built for Convenience Payment Link. SAN ANTONIO, April 24, 2023--Usio, Inc. The SaaS provider onboards clients via a non-intrusive application process -- making it simple for the user base to quickly begin accepting customer payments by credit card or ACH Payments [some providers offer]. Before jumping into the world of integrating. 402) Items Advertisement Any single message prepared for placement in communication media, regardless of the number of placements. Design a fully branded checkout with customizable CSS-level styling. combined these and other models (e. Amaryllis Payment Facilitation Platform can help scale your business and increase your business valuation by monetizing the payments flowing through your service. Manage all your payments easily and securely in one place through our hosted payment solution. Partnering with a PayFac (outsourcing to a provider) With this payments model, you are outsourcing the bulk of. PayFacs adopt an active role in the payment facilitation relationship. Streamline and shorten onboarding times by automating identity verification, including real-time KYC and KYB. Advance Payments for A payment made before any performance of work under a non-commercial-item Non-Commercial contract. A payment facilitator provides financial service support to merchants so they can accept and process payments. Accept credit cards on your website. This is the quickest and most “user-friendly” way of getting started with integrated payments. 0 companies are able to capture more of the payment economics and offer merchants a better experience. Omnichannel retail strategy has evolved to incorporate not only physical retail stores and a great online experience but also includes social media, fintech and payment facilitation. This feature allows end-users to make purchases within the software solution. Merchants expect a frictionless experience from both your business management software and its integrated payments solution. The Numerous Benefits of Using Integrated Payments. xiii), thereby supportingThe Public Financial Management System (PFMS) is a web-based online software application developed and implemented by the Controller General of Accounts (CGA), Department of Expenditure, Ministry of Finance, Government of India. These software companies take on greater risk but pocket a much larger portion of the processing revenues. Multiple integrated payment gateways. Our integrated payments solution helps our customers process payments faster and more efficiently by harnessing the power of Chase’s best-in-class solutions and brand. Over the past several months Fortis has brought payment facilitation and new vertical capabilities to market, expanded into Canada and launched over a dozen new integrated software partnerships. Becoming a payment facilitator is a change to your operational and support models, has and it pays long-term benefits. A payment facilitator manages the entire electronic payments process on behalf of merchants. They help merchants get set up to accept payments and provide different services based on their needs. Designed for providers and companies looking to leverage ProPay’s platform and services to fully operate as a registered Facilitator; Full liability at Facilitator level; Registration required; Short form application in Facilitator environment, integrated T&Cs01332 477 853.