We bring extensive experience to the strategic partner negotiation process for Integrated Software Vendor (ISV) and Payment Facilitator (Payfac) partnerships. An ISV develops and sells software that is designed for specific market verticals with a payment element on platform required and wishes to pass off the risk to it’s user base and Underwriting to its payment partner, while a Payfac provides the same software but accepts majority of the risk for payment processing services which enables quicker boarding of accounts and dynamic disbursements across a marketplace or application, enabling businesses to accept payments easily. Both ISVs and Payfacs require a defined automation strategy for mass onboarding, merchant management, offboarding, risk management, and reporting.
Navigating these partnerships involves many complexities, and inexperienced negotiators can easily be outmaneuvered by payment vendors. DeGross Consulting mitigates this risk by leveraging our industry relationships and expertise. We meticulously evaluate payment vendors to find the best automated boarding tools and account management systems for your software stack. Our services include managing the response process for Underwriting pended accounts, creating standard operating procedures (SOPs) for onboarding, underwriting, risk management, offboarding of integrated merchant accounts, and deploying physical devices if necessary.
We guarantee significant Net Revenue from partnering with us, with at least 30% generated from each merchant account for you as the ISV or Payfac. DeGross Consulting is adept at handling millions of transactions across platforms, providing trusted advisory services throughout the entire ISV and Payfac process.
We only take on a select number of ISV and Payfac projects each year, often in conjunction with our Startup Merchant Operations team. Whether you are an established software company seeking a better vendor stack to meet client UX needs or a startup looking to monetize payments for the first time, domestically or abroad, we can help bridge that gap with the necessary expertise. Trust DeGross Consulting to optimize your payment strategies and maximize your revenue.
Strategic Negotiation
We leverage industry relationships to find the best automated boarding and account management tools for your software stack.
Comprehensive Support
Our services include creating SOPs for onboarding, underwriting, risk management, and offboarding.