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Depending on a size of a merchant’s business, the merchant might find it more profitable to operate through various types of intermediary entities. A small-size merchant might not even have a MID. In this case merchant funding will be performed by a payment aggregator – a business, which has a lot of small sub-merchants in […]

Date posted: September 18, 2018 | Author: | Comments Off on PSPs, Payment Facilitators, and Aggregators

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Payment aggregation is a concept used to process payments (credit card and ACH) belonging to different unrelated merchants under a single merchant account. It was traditionally used to simplify payment processing mechanism (especially underwriting) for small businesses, as well as, to enable businesses, which are unable to go through underwriting, to have access to merchant […]

Date posted: September 9, 2018 | Author: | Comments Off on Can UniPay handle payment aggregation and sub-merchant funding?

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