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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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After the emergence of online marketplaces and affiliate marketing┬áthe need for split funding mechanisms became extremely relevant. It became obvious that conventional model, under which the processor withheld a certain part of every transaction as payment processing fee could not accommodate more complex split payment scenarios. As the new types of transaction participants emerged, new […]

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

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The concept of online marketplace became relevant after rapid development of companies, which chose online marketplace model as their basic business model. The most well-known examples include Uber, eBay, as well as Amazon. In the online marketplace model credit card processing has its peculiarities. Transaction processing mechanism, used in marketplaces, has to be capable of […]

Date posted: October 22, 2018 | Author: | Comments Off on Online Marketplace Model

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Split funding is one of the most important concepts in the modern merchant services industry. The need for split payments, naturally, arises when the process of purchase of products or services involves some entities beside the seller and the buyer. Even initially, these entities already included resellers, independent sales organizations (ISO), and merchant services providers […]

Date posted: April 5, 2018 | Author: | Comments Off on Split Funding as the Advanced Payment Gateway Option

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The simple residual revenue sharing mechanism envisioned a simple splitting of a merchant fee charged for transaction processing, among several parties involved in the process. These parties included the association (Visa, MasterCard), transaction processors, and, possibly, merchant services providers. Recent developments, witnessed in the merchant services industry, call for introduction of new, more advanced remittance […]

Date posted: January 14, 2016 | Author: | Comments Off on Split Funding and Adaptive Payments

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