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My company provides payment processing services and we are looking for an ACH and Credit Card transaction facility that supports sub-merchants.
In other words, when we transfer funds via ACH or charge a credit card, we want the ACH Transaction or Credit Card charge to show under our sub-merchant’s name and not ours, and we have many sub-merchants.
I know that JPMorgan Chase Payment Tech is one that provides this type of service but are there others?
Thanks!
Greetings!
If I understand the question correctly, it concerns the merchant-of-record concept (https://paylosophy.com/merchant-record-payment-facilitator/). So, any provider that is not the MOR for its submerchants (and that supports ACH transactions) should do.
Probably, Stripe, Square, WePay are the first examples which come to mind. But there are other solutions, including white-label ones, as well. You can consult a specialist at unipaygateway.com if you need some more targeted advice.
