Payment Acceptance: In-house or Outsourced
Many commerce platforms today handle all payments through third party payment processors, but many have moved to a model where providing the ability to receive payments is embedded into the platform. It can be developed in-house or adopted as a white label solution. Customers benefit from a seamless integration and a single point of contact to manage their sales. It is also a great opportunity to increase monetization of your platform by earning a large share of the profit per transaction. We advise many e-commerce platforms and payment providers on the development of their merchant payment offerings and can:
- help you understand “Third Party Acceptance”
- How to develop a branded payment acceptance
- Advice on developing a PSP/PF offering
- RFI/RFP for PSP services
- understanding areas of regulatory compliance and risk
RELATED PROJECTS
- Advising Commerce Platforms on development and delivery of in-house or private label payment acceptance capability as a PSP/PF
- Advising Marketplaces and Commerce platforms on optimizing their payment acquiring relationships, “local” acquiring, interchange, etc