I have developed a payment gateway that has the ability to management merchants and allow for customer payments to aggregate from a supplier bank, building society or financial clearing house. I am seeking a viable supplier option to allow the payment gateway to integrate so that the application can be commercialised. The business model can support agents to bring on and set-up merchants and manage the relationship. The payment gateway manages the integration between the supplier and the merchant.
Import considerations are:
1) Merchants that sign up do no require a direct account to be set-up with the supplier. The agreement will be with the payment gateway and supplier and due diligence can be performed by the supplier if required.
2) It is mandatory that the supplier supports credit card transaction processing
3) It is desirable that the supplier can support electronic funds transfer
The requirements will be to provide a potential supplier list and assist with the relationship through to an endorsed agreement.