7Konto seeks banks, PSPs and POS networks for closed-loop payments
Terms
Payment methods
Details
Requirements
- Bank, EMI, acquirer, PSP, processor, POS vendor or network
- Fee share agreed individually
What we offer
- Share of every fee on merchant transactions
- White label under the partner's brand
- REST API and Terminal SDK
The 7Konto partner program targets financial and technology companies that want to offer merchants a closed-loop payment system and stored-value wallets under their own brand.
What closed-loop means
A closed-loop system works inside a single network: the customer loads a store wallet or card and spends it only with that merchant or its chain. Gift cards, loyalty wallets and in-app balances work this way. A stored-value wallet holds the customer's prepaid funds.
Who is wanted
- banks and EMIs;
- acquirers and PSPs;
- payment processors;
- POS vendors and retail networks.
What partners get
- a share of every fee on merchant transactions;
- white label: the product under your own brand;
- a REST API for online integration;
- a Terminal SDK for POS devices.
Payments are supported both online and at the point of sale.
Terms
The size of the fee share is not published and is agreed with each partner.
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