Magnify Payments takes merchants declined by low-risk channels
विवरण
ज़रूरतें
- ISO, agent, association, financial institution or business service
- Approval of each merchant
हम क्या देते हैं
- Share of processing revenue, agreed
- Accepts merchants declined by low-risk channels
- Processing revenue sharing
The Magnify Payments partner program appeals to intermediaries with merchants whose profile is not straightforward. The company accepts for processing even clients turned down by standard low-risk channels, and shares processing revenue with the partner.
Why it matters Low-risk providers decline businesses with higher chargeback levels, unusual models or a short track record. For a partner, a decline usually means a lost client. Being able to send that client to Magnify Payments keeps the relationship going.
Who can join - ISOs and acquiring sales agents; - trade associations; - financial institutions; - business service providers.
Terms The program is individual. Approval of each merchant and the rates need to be agreed: Magnify Payments assesses each business before taking it on. The revenue share is not disclosed.
How to prepare When passing on a client, have its processing history, the reasons for past declines and chargeback data ready; underwriting moves faster with them. Countries and payment methods are not listed, so confirm them before your first referral.
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