• Who are the targeted Sub-merchants?
Sub-Merchants’ sales collection volume exceeds 3 Mio per year.
• Does the Payment aggregator pay any cost?
Payment collection commission which is determined according to sales volume.
Payment Facilitator
• Who are the targeted Sub-merchants?
Sub-Merchants’ sales collection volume shouldn’t exceed 3 Mio per year from all digital acceptance tools.
• What does the payment facilitators company do?
They underwrite and onboard the sub-merchants and then provide them with the acceptance tool they need to process electronic payments and receive the funds from those payments.
• Does the Payment Facilitator pay any cost?
Payment collection commission only which is determined according to sales volume.