subMerchant Portal
iVeri introduces a set of features to kickstart operations for the ISO, PSP, Payment Facilitator, Merchant Aggregator or any other party that manages a group of subMerchants.
The subMerchant Portal allows for the management of subMerchants using iVeri’s range of POS (Card Present) and eCommerce (Card Not Present) Products.
ISO (Independent Sales Organisation)
- Merchants can be onboarded and associated to the ISO. Onboarding can be done electronically, depending on local regulations and infrastructure.
- The ISO will be able to support and manage their subMerchants using the Portal.
- The ISO will be able to see the trading of all subMerchants. This will assist with creating invoices for commissions etc.
PSP (including Payment Facilitator & Merchant Aggregator)
- Has all the features available to the ISO above
- Includes billing management & merchant settlement.
- Settlement periods can be configured for daily, weekly or monthly settlement of merchants
- Billing reports
- Invoicing
Get more merchant business by bringing on parties that have subMerchants using the iVeri subMerchant Portal
PSP KEY FEATURES
| Onboarding Portal – OnRamp | Merchant Portal – Backoffice | iVeri Administrator Portal | ||||
| Merchant Onboarding | Yes | |||||
| KYC Documents | Yes | |||||
| Type of Business | ||||||
| Individual | Yes | |||||
| Registered Business | Yes | |||||
| Contact information | Yes | Yes | Yes | |||
| Bank Account information | Yes | Yes | ||||
| 3rd Party vetting Service | Yes | |||||
| Merchant Management | ||||||
| Overral view of Merchant Profiles | Yes | Yes | ||||
| Transaction Reports | Yes | |||||
| Billing Management | ||||||
| Billing/Services Charges | Yes | Yes | ||||
| MSC( percentage based) | Yes | |||||
| Settlement fee | Yes | |||||
| Refund fee | Yes | |||||
| Chargeback fee | Yes | |||||
| Invoicing Management Schedule | ||||||
| Daily | Yes | |||||
| Weekly | Yes | |||||
| Monthly | Yes | |||||
| Settlement Details/Views | ||||||
| Settlement/Payment Cycles Supported | ||||||
| Daily | Yes | |||||
| Weekly | Yes | |||||
| Monthly | Yes | |||||
| Settlement Charge types Supported | ||||||
| By Net Nettlement | Yes | |||||
| By Invoice | Yes | |||||
| by EFT | Yes | |||||
| PSP Based Reports | ||||||
| Ecommerce Solution | ||||||
| Lite | Yes | Yes | ||||
| Divert | Yes | Yes | ||||
| Enterprise | Yes | Yes | ||||
| Card Present Solutions | ||||||
| mPress | Yes | Yes | ||||
| PosPort | Yes | Yes | ||||
| Indigo | Yes | Yes |
