Merchant bank

“Which acquiring bank is the most suitable one for my business to partner with”? This question is relevant for different types of companies, including payment facilitators, ISO, and merchants. The answer is conceptually the same, no matter which particular category of businesses you represent. There are many acquirers offering their services at the market. But only some of them offer the set of features you need at suitable price (while price is not the only criterion). So, before establishing a business partnership with a specific merchant bank, you should carefully consider which particular features are important for you. These features usually concern either business or technical side of your operations. For instance, important business-related features can include merchant underwriting conditions, authorized merchant category codes, and, of course, pricing policy. Technical features, usually, concern all the key aspects of merchant activities: onboarding, reconciliation, chargeback handling etc.

You are welcome to find more information on acquiring bank selection factors in the respective article on Paylosophy.