#image_2 It could be said that merchant level salespeople (MLSs) were the first payment facilitators, helping merchant customers navigate the ever-changing payment landscape. Over the years, MLSs have played a pivotal role in moving the industry forward, one merchant relationship at a time. Disruptions have been plentiful in this technology-driven business-for example, we are now seeing a new breed of payment facilitators; in addition to ISOs, Value Added Resellers (VARs) and Independent Software Vendors (ISVs) are getting into the business of delivering merchant services.  Through all these changes, what has remained constant is the integral partnership between merchant and acquirer. 

Today's payment facilitators (PayFACs) continue that tradition of merchant support, but depart from the MLS norm by offering flat pricing and almost immediate merchant account approvals, both of which have proven popular with merchants. The PayFAC's simplified application, underwriting and boarding model, which spreads risk across numerous sub-merchants within a centralized "master" merchant account, has made payment processing accessible to a broader segment of the merchant community. 

No longer the exclusive province of micromerchants, PayFACs can now provide significant benefits to owners of both large and small businesses who are interested in simple, expeditious payment processing. The industry experts at Network Merchants, LLC identified this shift in the market and saw the need for enterprise-scale support among new and existing PayFACs. 

Roy Banks, chief executive officer at NMI, explains the issue at hand: "When they register as payment facilitators, some PayFACs don’t realize they need to build infrastructure to support payment facilitation. The failure–to-launch rate can be very high among recent PayFAC registrants, as a significant number of them abandon the overwhelming and expensive task of building this infrastructure.  Fortunately, our partners can leverage our FACenablement platform to get to market quickly and avoid building this expensive infrastructure. Our ready-to-deploy infrastructure supports all aspects of sub-merchant management, including onboarding, KYC compliance, accounting, billing, chargebacks, reporting, and online statements. All of this functionality is tightly integrated with our payment gateway platform." 

#h2One platform, infinite possibilities

NMI's FACenablement (FACe) is a flexible, scalable platform designed to support payment facilitators and their growing base of merchants. FACe platform features include:<ul>
<li><b>One-stop payment processing</b><br />
FACe provides an all-in-one processing solution designed to accept an array of payment schemes including Visa, MasterCard, Discover, American Express and Electronic Check</li>

<li><b>Integration to payment gateway</b><br />
FACe is seamlessly integrated into NMI’s Payments Enablement platform, which provides a wide range of payment gateway features and services relevant to ISOs and PayFACs alike.</li> 

<li><b>Expedited, real-time merchant onboarding</b><br />
The FACe onboarding kit, with KYC integration, automates the new account activation process. PayFACs can log into a secure web portal to create a sub-merchant account and gateway account in a single step.</li> 

<li><b>Sub-merchant billing and settlement</b><br />
The FACe platform will charge credit card processing and gateway fees set by PayFACs and route settlements directly to sub-merchant bank accounts.</li>

<li><b>Enhanced reporting features</b><br />
FACe provides detailed reporting to PayFACs and sub-merchants. Reports include consolidated statements for PayFACs and reconciliation, chargeback notification and chargeback importation for sub-merchants.</li></ul>

#h2Heritage of innovation 

Network Merchants LLC, headquartered in Roselle, Illinois, has been providing brandable payment gateway products and services since 2001. A broad range of companies have leveraged the NMI platform to provide their merchants with best-in-class payments technology. 

Payment facilitators using the FACe platform also have access to NMI's payment gateway platform and its full suite of complementary features and value-added services. Network Merchants’ innovative payment facilitator platform delivers speed, simplicity and elegance; in it, the industry sees a new FACe of gateway payments.

For more information on our FACenablement platform contact us at 877.757.7794 or visit <a href='https://www.nmi.com/facenablement' target='_blank'>www.nmi.com/facenablement</a>
