Payment Facilitators: the revolutionaries of payment acceptance and how to overcome the hurdles of becoming one
In the past decade, the payment industry has undergone a major transformation. The traditional payment processing services are no longer enough for the modern merchants, ranging from online travel agents to on-demand services, from food delivery companies to retailers, and from department stores to marketplaces.
These merchants connect buyers and sellers in a new way and smooth payment functionality is key to their success (imagine if you had to get a card out every time you pay for an Uber ride?!). Thus, many new companies have emerged to service this growing range of payment needs. But to operate in this industry, these newcomers need to go through a variety of regulatory and scheme requirement hoops to become so-called Payment Facilitators , which can take a lot of time and effort!
In this webinar we will discuss the different types of Payment Facilitators and their role in the payment value chain. We will look at the essential tools they need to use and will describe how Limonetik has been supporting such companies by providing Payment Facilitation Framework services or by enabling them to become Payment Facilitators in their own right fast and easy.
- Masha Cilliers, Specialist Partner at Be Shaping the future
- Christophe Bourbier, CEO at Limonetik
- Mélisande Mual, Publisher at The Paypers, moderator