7 Important Considerations To Make Before Partnering With A Payments Processor
Source: Moneris Solutions
Determining revenue share, selecting the best EMV solution for their merchants, and finding the right partner synergy are just some concerns ISVs and VARs have. Following are seven important items you need to review when the time come to partner with a payments processor:
- How is the revenue share calculated? Ensure your contract clearly defines what types of revenue are included. If you are unclear about what fees are included in the calculation, ask the processor for a complete list.
- Does revenue sharing calculation include all profit categories such as PCI fees, statement fees, and monthly fees? If unsure, make sure to ask, “Am I being paid on all ancillary fees and profit categories in the merchant account?”
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