If you can’t find the information that you’re looking for regarding the merchant services, payment gateways and payment processing in general on daily basis, please use the button below to ask us a question. All your questions about payments are welcome and they will get answered as soon as possible (5-7 business days).
The process of becoming a PSP or a PayFac involves two aspects: business and technical. Business aspect concerns finding an acquiring partner, willing to underwrite you as a PSP/PayFac. And technical aspect concerns the gateway solution, integrations, certifications etc that will enable you to start providing services to sub-merchants.
Here is an article from our blog, explaining the process in detail (and featuring some cost estimates):
Becoming a Payment Service Provider.
Even more detailed guidlines can be found in our free white paper on how to become a payment facilitator. The processes of becoming a PSP and becoming a PayFac are quite similar.
