A Hybrid PayFac or Payment Facilitator offers a SaaS platform the ability to instantly onboard their users that have payment acceptance needs and generate payments revenue stream. The advantages to the Hybrid Payment Facilitator model
Speed of boarding process: SaaS platform has the ability to setup sub-merchants very quickly, removing a choke point to new client acquisition. Customers love that it is so easy to get the account going with no paperwork or documentation burdens. This dramatically improves the client boarding process. Merchant Control: Sub-merchants are under contract with you, the Master Merchant. Flat fee structure: Easy to understand flat fees for your merchant customers. Revenue: Hybrid PayFac’s generate revenue from network, monthly and transactional fees Significantly reduced costs, compliance and integration demands as compared to true PayFac
Contact AgilePayments.com for more info or visit https://www.agilepayments.com/hybrid-payfac/