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With the advance of online marketplace models the demand for split funding functionality increases. However, many payment service providers (PSP) are reluctant to offer split payment processing functionality to their customers on top of already provided merchant services. Payment service providers are discouraged by the risks and challenges, associated with traditional split funding platforms. When […]

Date posted: October 22, 2018 | Author: | Comments Off on Split Funding Challenges

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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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