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Staying in the Game with Payments Aggregation Today’s changing payments landscape demands new approaches to maintaining a market advantage. Payments aggregation is an alternative payments model that can help you:
Today’s competitive payments environment requires new strategies Finding it difficult to compete with new companies that are offering fast, simple boarding of small merchants? Do the economics of small and micro-merchant processing seem unsustainable, yet other payments providers seem to be making it work and are prospering?
Capture small merchants
Are merchants and service providers asking you how they can offer card processing as a value added service to their customers, but you don’t have the procedures in place to set them up?
Target new markets, including mobile commerce and software as a service providers, who want to include card acceptance as a complement to their other services
Activate larger merchants quickly and easily as an interim step to establishing a merchant account
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Boost your bottom line
Are concerns about risk and compliance keeping you from implementing a payments aggregator model to serve your merchants?
PAYMENTS AGGREGATION & ACQUIRING
Could your business be at risk because you have merchants in your portfolio who are aggregating, and either you don’t know about them, or you don’t know what to do with them?
Aggregator Model
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Funding
Tr a d i t i o n a l M o d e l
Acquiring Bank
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Funding
PSP/PF
Contract
Merchant Contract
ISO/MSP
$ Payment Service Provider ( PSP ) Payment Facilitator (PF)
The team of Rich Consulting and Double Diamond Group can help you evaluate whether the payments aggregator model is the right fit for your business and merchant portfolio. We have the payments business strategy, merchant acquiring, compliance and risk management experience and know-how to thoroughly support your organization through the entire process of setting up this payments channel.
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$ Funding
$ Submerchant
Submerchant
Contract
$ Submerchant
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$ Submerchant
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Merchant
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Merchant
Merchant
The PSP/PF can be the ISO/MSP, or it can be the clients in their portfolio
Do So with Confidence It is possible to operate under a payments aggregator model, or set up your merchants as aggregators, without taking on inordinate risk. In fact, it’s the best way to solve many common problems for the merchant business. Risk can be mitigated if the right policies and procedures for underwriting, fraud and compliance are put in place. Our team is committed to providing the resources you need.
At a Glance Payments Aggregator Consulting Services from Double Diamond Group and Rich Consulting Business, competitive, price and opportunity analysis Payments aggregator business case development and gap analysis
About Us When you choose the team of Rich Consulting and Double Diamond Group, you can count on senior level counsel and support from highly respected and knowledgeable payments industry experts. Led by Todd Ablowitz, president of Double Diamond Group, LLC and Deana Rich, president of Deana Rich Consulting, Inc., the team is well versed in business development and innovation strategies; identifying emerging payments trends; market and opportunity analysis; and risk, operations and compliance management. Ablowitz is on the Board of Directors for the Electronic Transactions Association. Rich is president of the Merchant Acquirers Committee and an approved auditor for Visa Acquirer Review and MasterCard Fraud Management Programs.
Evaluation and selection of bank and processing partners Risk management and compliance support, including writing policies for underwriting, risk, fraud, sub-merchant to merchant transition, and other compliance-related matters
For more information, contact:
Policy education and training of key staff
President
Program implementation oversight
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Double Diamond Group Todd Ablowitz
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todd@doublediamondgroup.com +1 303-916-9997
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