Payvision, an independent global card processor and one of the fastest-growing global acquiring networks in the payments industry, announces the launch of the company's ISO partnership program in Canada.
Payvision's ONE global acquiring platform connects Canadian merchants, PSPs, ISOs and agents with acquiring banks throughout North America, Europe, and Asia, based on a non-competitive partnership model in which all stakeholders share revenue.
Payvision enables merchants to process card transactions domestically and gives them access to the ever-evolving cross-border ecommerce market through competitive pricing, industry-leading infrastructure, a premium partner commission program, and the expertise to succeed on a global scale. Payvision's domestic processing solution incorporates local payments expertise in the Canadian landscape and an in-depth knowledge of local government regulations and card scheme rules for the benefit of merchants doing business in Canada.
Research showed that Canadians are comfortable using credit cards, with a 58% preference share, contributing to their growing cross-border shopping power. By partnering with Payvision, Canadian ISOs, PSPs, agents, and card-not-present merchants can engage in cross-border ecommerce on a domestic global processing platform with premium features such as multi-currency processing, native currency settlement, PSP/PF sponsorships, one single API integration of domestic and global processing, and reporting and funding for processing activity across multiple regions. Merchants become part of a tier-one payment processing solution that enables them to maximize their domestic revenue through competitive rates and add to their revenue by tapping into a global market.
"At Payvision, we value long-lasting partnerships, built on a shared revenue model that allows merchants to access multiple acquiring solutions via one single innovative payment platform. We offer a reliable international multi-currency processing solution, helping our partners to expand their business globally, and supporting them with access and understanding of local markets around the world. Payvision's ISO partnership moden's ISO partnership model in Canada, and worldwide, is built on a WIN-WIN principle," said Ish Nabhan, Vice President Sales Payvision Canada.