When accepting card payments, businesses are often kept waiting for their money. With your own card scheme membership, access to settlement is next day and there is no need to wait days for your funds to clear.
With an acquiring license and principal card scheme memberships, you get control over your merchant settlement and you get to control who you do business with. There will no longer be the need to pitch merchants through another firm’s onboarding process as you get to take control of your business.
If you want to perform your own acquiring services, Authoripay can help by getting you your own payment institution license and card scheme memberships.
AuthoriPay also know, when it comes to acquiring, acceptance is everything. So why not let us expand your acceptance with principal memberships for:
- NUnion Pay International (UPI)
- NAmerican Express
AuthoriPay have built up a robust network of scheme partners to help you expand your payment acceptance to cardholders venturing in from outside Europe. Whether you’re a travel and tourism focused business or a high street merchant, you can’t afford to miss out on the additional market base the more exotic card schemes provide.
Most firms find applying for a single scheme license to be daunting and unmanageable, let alone five. But AuthoriPay can take out the stress by:
- NOutlining your individual business case per scheme
- NWorking with you on your approach to merchant risk
- NLeading you through BIN and settlement implementation
- NSubmitting the full application for each membership request
- NProviding financial modelling for fees and interchange
It doesn’t matter if your merchants are UK based or positioned across the full European Economic Area, AuthoriPay provide a step by step guide to navigating the card schemes and will help you through the entire processes of arranging settlement accounts and certifying your technology.
If you are looking to develop your existing acquiring services, or if you are just starting out, we’d make the perfect partner for you.
Contact AuthoriPay to start your card scheme journey today, or navigate the links below to find out more.