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5 Must Have for becoming a PayFac

Becoming a PayFac or Payment Facilitator can be fantastic tool for SaaS platforms to generate more revenue and attract new clients. But what do you have to have to become a PayFac? Here are 5 things you must have to become a Payment Facilitator.

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5 Must Have for becoming a PayFac

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  1. PROJECT PROPOSAL Where Strategic Payment Partnerships Are Formed

  2. FIVE THINGS YOU MUST HAVE TO BECOME A PAYMENT FACILITATOR

  3. 1. Funding: Becoming an facilitator isn’t cheap!

  4. People to oversee risk and compliance. 2) Resources:

  5. 3) Payments understanding: WIthout a good understanding, your exposure to risk is elevated.

  6. 4 ) Critical Mass: To offset the initial expense (and profit), you needs user numbers.

  7. 5) Proper client base: Your pricing must be acceptable to them.

  8. sales@AgilePayments | 888.729.4968

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