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FACe 101 - Network Merchants, LLCmarketing.nmi.com/FACe-101-overview.pdf · FACe 101 Understanding...

Date post: 09-Sep-2018
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FACe101UnderstandingTheBasicsofNMI’sFACePla;orm

FACeDefini?on PaymentFacilitatorDilemma

IdealFACeUsers FACeBenefits

3

WhatisFACe?

FACe[Feys]n.1.  NMI’srevolu?onaryfacilitatorenablementpla;orm2.  Turnkey,fullybrandablepla;ormengineeredspecificallyforpayment

facilitators3.  Comprehensivetechnologythatsolvescommondilemmaspayment

facilitatorsface

AntonymsBuildingyourowntechnologyLackofadequatetechnologyFailuretolaunch

SynonymsFACePla;ormPaymentfacilitatortechnologyKeytopaymentfacilitatorsuccess

Definitions.com

Definitions.com FACe

4

Build My Own Tech

FACeInvestment Required to Build and Operate

Road Now Open

CAUTION:Failure to

Launch

FACe Launch CenterExit 5

TheCommonPaymentFacilitatorDilemma

Paymentfacilitatorshaveanopportunitytooffermerchantsasimpleralterna?vetothetradi?onal

merchantaccount,butareoTenunabletogettheirbusinessoffthegroundduetoalackoftechnology.ThisoTenresultsinafailuretolaunch,whichisnot

onlyunfortunateforthepaymentfacilitator,butalsohasrepercussionsfortheirsponsorbank.Anypredic?onsoffuturerevenuefromsub-merchants(forbothpaymentfacilitatorandsponsorbank)are

rendereduselesswithoutthepropertechnologythatwillsupportthepaymentfacilitator'sbusiness.

FACeisPavingtheWayforPaymentFacilitatorsFACesolvesthecommonpaymentfacilitatordilemmabyprovidingaready-to-deploypla;ormthatsupportsawiderangeofpaymentfacilita?onneeds.PaymentfacilitatorscanrelyonFACe'stechnologytospeedtheir?metomarketandallowthemtofocusonofferingtheircustomersthebestinsub-merchantservices,andsponsorbankscanrestassuredthatthepaymentfacilitatorstheyregisterwillbeenabledtoboardsub-merchantswithease.

WhatistheCommonPaymentFacilitatorDilemma?Paymentfacilita?onrequiressophis?catedtechnology--FACeisthefirstandbestofitskind

ThisisSam,hewantstoregisterasapaymentfacilitator

5

FACe

Road Now Open to ISOs & VARs GreatQues?on,Sam.

NMI’sFACepla;ormisbuiltforexis?ngpaymentfacilitators,aswellascompanies

thatwanttoregisteraspaymentfacilitators.ThebestcandidatesforFACehaveagood

understandingofriskmanagement;specifically,ISOsandVARs.

ISOsISOswhomanageriskandwanttoprovidemerchantservicesinafast,simpleandelegantmanner.

WhoCanUseFACe?Whetheryou'reanISOoraVAR,riskmanagementknowledgeisthekey

VARsVARswhowanttooffermerchantservicesinafast,simpleandelegantmanneraspartoftheirsolu?ontotheircustomersandarealsowillingtomanagerisk.

6

FACe Benefits AheadNext 4 Miles

Benefit4

Benefit1

Benefit2

Benefit3

DecreasedGo-to-MarketTimeGo-to-market?meisreducedbyleveragingaready-to-deploypla;ormthatincludesallthefeaturesandvalue-addedservicespaymentfacilitatorsmightneedtoonboardandservicetheirmerchants.

WhataretheBenefitsofFACe?FACeprovidestechnologythataidsinrunningeveryaspectofyourbusiness

PaymentfacilitatorscanleverageourFACetechnologytoruntheirbusinesssimplyandefficiently.

Overheadisreducedwhenpaymentfacilitatorsaren’trequiredtomakea

considerablefinancialoutlaytodevelopandmaintaincomplextechnology.

ReducedOverhead

RunYourEn?reBusinesswithFACe

NMImanagesmanyaspectsofindustrycomplianceandcer?fica?ons.UsingFACesignificantlyreducestherisksassociatedwithmaintainingyourownpaymentpla;orm.

WeManagethePlaNormCompliance

HowDoesFACeWork?Tradi?onalISOMerchantAccountvs.PaymentFacilitatorSub-MerchantAccount

Tradi?onalMerchantAccountProcess

FACeSub-MerchantAccountProcess

MerchantAccountBoardingComparison

FACeSub-MerchantAccountProcess

8

TheMerchantAccountBoardingComparison

9

Tradi?onalISOMerchantAccountRoute

10

PaymentFacilitatorSub-MerchantAccountRoutewithFACe

WhatCanFACeDo?UnderstandingAllTheCapabili?esOfOurFACePla;orm

FACeFeatures

12

FACeFeatures

KYCservice&repor?ngKnowYourCustomerrequirementsare

differentforapaymentfacilitatorthanatradi?onalmerchantserviceprovider,andFACeprovidesallthetoolsnecessaryto

managetheseKYCrequirements,includingcomprehensiverepor?ng

Understandingallthecapabili?esofourFACepla;orm

Seamlessonboarding

Allowsapaymentfacilitatortocreatebothamerchantaccountandgatewayaccountinasinglestepinreal-?me

Real-?mesub-merchantcrea?on&management

Thegatewaycollectsafewsimpledatapointsandusesthemtoprovision,inreal?me,asub-merchantaccountunderthepaymentfacilitator’s

“mastermerchant”ID

13

FACeFeatures

Reconcilia?onrepor?ng

FACe’s“grossseelement”statementsmakereconcilia?onpainlessforsub-

merchants

Sub-merchantaccoun?ng&billing

Usingtheseservices,paymentfacilitatorscansetratesastheyseefitforeachsub-merchant,andFACetracksthecreditcardprocessingandgatewayfeesforevery

merchant

Sub-merchantstatementsPaymentfacilitatorscansendconsolidated

statements—whichincludemerchantaccountandgatewayfees—toalltheirsub-merchantsdirectlyfromtheFACepla;orm

Understandingallthecapabili?esofourFACepla;orm

14

FACeFeatures

Consolidatedgateway&FACerepor?ng

Automatedchargebackimporta?on&no?fica?on

Understandingallthecapabili?esofourFACepla;orm

Paymentfacilitatorsandsub-merchantsarekeptinthelooponany

chargebackac?vity

Forpaymentfacilitatorswhoalsoservicemerchantswithtradi?onalaccounts,FACerepor?ngisfullybackwardscompa?blewithanytradi?onalmerchantsboarded

onthegateway

WhenCanIStartUsingFACe?UnderstandingthePaymentFacilitatorProcess&HowFACeFitsIn

GetUp&RunningwithFACe

GetUpandRunningasaPaymentFacilitatorwithFACe

GoRegisterPartnerregisterstobecomea

paymentfacilitatorwithasponsorbank

GetApprovedSponsorbank

underwritesandapprovespartnerasapaymentfacilitator

MakeItOfficialSponsorbankissuesthepartnertheirofficialpayment

facilitatorcreden?als

OpenforBusinessNMIprovisionsthepartner’screden?alsintotheirself-brandedFACegatewaypla;ormandofficiallylaunchestheirpaymentfacilitator

business

AllAboardThenewlyregisteredpaymentfacilitatorcannowbeginboardingmerchantsontheir

veryownpaymentfacilitator

andpaymentgatewaypla;orm

SmoothSailingTheycanruntheirpaymentfacilitatorbusinesswithFACe—

frombillingandrepor?ngtochargeback

management

ChooseTechnologyPartnerselectsFACeastheirready-to-deploypaymentfacilitatortechnologypla;orm

17

ContactUsGetintouchwithustolearnmoreaboutourFACeTechnology

[email protected]

Phone847.352.4850

Webheps://www.nmi.com/FACe


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