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Sub-Merchant Processing

Process through your own acquiring business or let us help you set up a payment facilitator account with one of the largest acquirers.
  • INSTANT ONBOARDING
  • AUTOMATED SUB-MERCHANT CREATION AND MANAGEMENT
  • KYC SERVICE AND REPORTING
  • SUB-MERCHANT ACCOUNTING AND BILLING
  • SUB-MERCHANT STATEMENTS
  • RECONCILIATION REPORTING
  • AUTOMATED CHARGEBACK IMPORTATION AND NOTIFICATION
  • CONSOLIDATED PLATFORM REPORTING

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Payment Facilitator Enablement

HIPS Payment Facilitator Technology can adapt to the needs of many different business models, including ISOs, VARs, ISVs Fintech Innovators, and Payment Facilitators that cater to merchants in most industry verticals.

How does it work?

Merchants no longer require their own MID. The HIPS Payment Facilitator technology allows merchants to directly board under a master MID account on our unified commerce platform that operates on a sub-merchant basis. Now, merchants can simply apply by completing a form, which is evaluated by an underwriting tool and approved or declined in real-time. Once approved, the merchant is boarded as a sub-merchant under the master MID account. Reconciliations will then later be made from the master MID's main bank account for each settlement currency.

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