I’m cofounder of a startup that has constructed a platform that facilitates many (hundreds day by day) comparatively small transactions from digital wallets and on-line cost platforms. In a nutshell, an internet entity chooses to make a cost utilizing Apple Pay, G Pay, and so forth. I consider I want a cost gateway firm to facilitate that however I’m uncertain of which one to make use of. As soon as that occurs I don’t consider I can hyperlink my normal firm enterprise account to gather all these minor transaction quantities however would want somebody form of service provider account connected to the cost gateway. That is basically a crowd funding sort of operation so after we take a small proportion of every transaction the cash is handed on to finish consumer. Ideally we might not like to the touch any of the cash aside from our charges. Under is a fast roadmap of the method:
1. Fee utilizing Apple Pay, G Pay and so forth.
2. Fee Gateway third social gathering supplier that facilitates.
3. Service provider account linked to cost gateway to carry transactions
4. Service provider account distributes particular person funds to finish customers through ACH and our charges to our enterprise checking account.
I am unsure I’ve this right or if there’s a better manner to do that. Primarily I’m looking for the quickest and best method to facilitate hundreds of day by day on-line transactions which can be then distributed to finish customers after charges are eliminated. And which third social gathering companions could be good. I’ve checked out locations like wepay, profituity, fattmerchant, tipalti, and so forth. And whether or not or not I want a service provider account to do that.
Any assist could be appreciated.
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