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Payment Facilitation Solutions For Property Management Platforms

<br>Hybrid Payment Facilitation or Hybrid PayFac solutions offers the many pros of true aggregation without the significant investments of time and money.

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Payment Facilitation Solutions For Property Management Platforms

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  1. Payment Facilitation Solutions For Property Management Platforms

  2. Payment Facilitation allows a SaaS application the ability to accept payments on behalf of its end users. The platform users complete a simple application and in minutes can begin accepting credit cards and in some cases ACH Payments.

  3. Payment Facilitation at its core offers instant onboarding of platform users. If that is not an absolute necessity there are alternative that will better meet needs. See Payment Processing Partnerships

  4. Becoming a Payment Facilitator or PayFac is often a great fit for SaaS platforms that in addition to a business management app also offers a payment processing solution as well as payment specific solutions, e.g., invoicing and Property Management.

  5. Advantages of Payment Facilitation • Speed of boarding process: Being a Payment Facilitator allows you 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. 

  6. Merchant Control: Sub-merchants are under contract with you, the Master Merchant. • Flat fee structure: Easy to understand flat fees for your merchant customers. No needs to understand interchange tables. • Earnings: Master merchants are able to earn money from network and transactional fees, and potentially float

  7. Disadvantages to the Payment Facilitator model • Potential risk of financial loss • Customer support burdens • Integration demands • Approval process to become a PSP can be somewhat burdensome • Compliance with KYC/PCI and potential tax reporting • See video: Becoming a PayFac – What can go Wrong?

  8. For More Details Please Visit Us Here:- www.agilepayments.com

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