Collaborative payment processing is an approach that has recently emerged within the merchant services industry, because many companies have “outgrown” their initial payment gateway providers in terms of business needs. A rapidly growing business often finds itself in a situation, when the payment gateway it originally partnered with can no longer support all the newly-required functions. Sometimes, a solution can arrive in the form of an open-source payment gateway, or payment processing platform, that can be modified in-house, and, thus, support whatever functions the licensee might need. On the other hand, open-source payment gateways need to be separately integrated with the payment system of each new processing partner. Collaborative payment processing is a solution, allowing its users to overcome all the listed difficulties: if two or more businesses use the instances of the same payment technology, they can simply integrate with each other and benefit from each other’s existing integrations.

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