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Get a Better Payment Processing Revenue Share with CardChamp’s Solutions

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Payments are evolving at a rapid pace with new providers, platforms, and payment tools launching on a near-daily basis. With this change, comes the opportunity to generate revenue and create new forms of value for your customers. 

 

For B2B businesses, there is potential for you to generate extra revenue through revenue share payment processing opportunities. With the right payment partner, there is opportunity to capitalize on payment processing, enabling you to bring a new revenue stream into your business while providing a better payment experience for customers.

 

In this article, we explore what payment processing revenue share is and how it can benefit businesses before unpacking how you can benefit from payment processing revenue share by partnering with CardChamp.

 

Payment processing revenue share

 

Revenue sharing is achieved when you partner with a payment services provider and introduce them to new clients either directly or through your own software solution, if you’re a SaaS business or independent software vendor, for example. Partners like these draw on the services at wholesale prices and sell it to their customers for retail, keeping the returns for themselves, effectively increasing their revenues through this additional revenue stream. 

 

Whilst the share structure varies across different businesses, when you partner with a payment provider like CardChamp, you will receive a monthly rebate that is a % of our profit based on the processing revenue generated by your referrals. This will be an ACH deposit in the month following the processing month closes, leading to increased revenue for your business.

 

Considerations of partnering with a payment processing solution 

 

When choosing to partner with a payment processing vendor, you are putting your reputation on the line and are taking responsibility for providing your customer with a solution that works. Therefore, it is critical to find a solution provider that is both effective and  trustworthy that will meet your customer’s needs, ensuring a good overall customer experience.

 

To be sure that you can be confident in the revenue program you are entering, you should evaluate your potential partner against the following considerations below to minimize any problems you may be accountable for and to ensure a seamless onboarding process.

API integrations

 

Making sure the vendor offers the ability for API integrations, will empower businesses to streamline their capabilities by reusing functions in complex but repetitive processes. Payment processing solutions that provide a flexible platform, such as CardChamp, allow you to meet your customer’s needs and expectations exactly, giving you confidence in the delivery of your service. 

Security

 

Being certain that the vendor you choose to partner with carries out the necessary requirements to ensure the safety of payment processes, is crucial in giving your customers the assurance that security risks that could lead to revenue losses are mitigated, such as data leaks that could lead to customer loss. CardChamp utilizes a mixture of encryption, tokenization and fraud protection to protect customers' private data. 

Onboarding and support

 

In addition to this, by partnering with a payment processing solutions partner, you should expect support to help you onboard customers quickly and take the hassle of carrying this out, leading to a seamless onboarding process for your customers. Not only this but making sure like CardChamp they have sufficient ongoing support in place post onboarding to either help your customer or you to support the needs of your customers efficiently is important to have on hand for when any tough queries arise.

 

Benefits of CardChamp’s payment processing revenue share

 

When partnering with CardChamp, software partners can profit from numerous financial incentives and benefit from revenue share opportunities that compound with each customer who signs up for your offering, meaning the more business you generate, the greater your profit share potential. 

 

So, how can you benefit from teaming up with CardChamp’s payment processing revenue share partnership?

 

Earn an ongoing payment processing revenue share from each customer who signs on to use your SaaS

 

If you’re a SaaS business or independent software vendor, you can refer a new merchant using your services to CardChamp for a monthly recurring residual that you earn for as long as the merchant remains your customer. Each month, and in accordance with your own payment processing, CardChamp pays you a revenue share rebate that’s a percentage of the overall profits generated. What’s more, there is no limit to the amount of merchants that you can refer to CardChamp, therefore your revenue share earning potential is endless. 

 

Additional income when milestones are met

 

SaaS businesses or independent software vendors can make additional earnings, on top of revenue already earned with our payment processing revenue share partnerships, through milestone-based income opportunities. By partnering with CardChamp, you can earn additional income when certain agreed upon milestones are met, further increasing your business's overall revenue and earning potential. For example, if you refer a certain number of merchants or meet a specific revenue benchmark, you can earn additional one-off income rewards. 

 

Summary

 

As you can see, by partnering with ChardChamp’s payment processing solutions, as well as enjoying benefits such as developer-friendly APIs and access to dedicated support services, you can increase your overall business revenue through extensive payment processing revenue share opportunities. When partnering with CardChamp, you can look forward to upfront incentives to ensure the implementation process is seamless, earn an ongoing revenue share from each customer who signs on to use your SaaS, and benefit from additional income when certain milestones are met, leading to increased earning potential for your business.

If you would like to learn more about how partnering with CardChamp can enable you to increase your businesses revenue, please contact our friendly team for more information

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Jeff Sarault

Written by Jeff Sarault