Payment Facilitator Tools
A Payment Facilitator takes on the role of Master Merchant. This allows them to set up their application users to accept payments. The major benefit to becoming a Payment Facilitator is to quickly and easily onboard sub clients or SaaS platform users to facilitate credit, debit card and in some case ACH transactions .
An example: A SaaS offers an business management solution for Yoga Studios. The software is call Yoga101. Yoga 101 uses Payment Facilitator Tools to allow quick sign up and provide payout and compliance functionality.