Why Should I Choose First Atlantic Commerce Ahead Of Other Partner Programmes?
- Multi-currency residuals paid into a bank account of your choice
- Partner and merchant/client protection from circumvention to help protect established
relationships
- Direct accounts offered to merchants in leading jurisdictions around the world -
Dynamic Currency Conversion (DCC) solutions ARE NOT offered
- Multiple payment options via a single integration
- Multiple bank relationships possible via a single integration
- Opportunity to earn residuals from standalone consumer authentication and risk management
solutions
- Trusted provider to major corporations around the world for over 13 years
- Global marketing and sales campaigns to attract new merchants for Acquirers looking
to expand their programmes
- Access to a network of leading fiduciaries and management services companies who
can assist with client incorporations and advise on relevant corporate tax benefits
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What Are The Differences In Your Two Programmes?
The Acquirer Partner Programme is tailored to assist established and new Acquiring
banks with maximizing income, through offering a range of integrated and standalone
services, to meet the changing needs of their Internet merchants. Banks can approach
us directly, or be introduced via a consultant or contact.
The Referral Partner Programme affords all kinds of organizations, and single individuals,
the opportunity of introducing clients to us. For example, we have partners who
refer just a handful of online merchants to us during a given year for payment processing,
while other large organizations have implemented our standalone services in emerging
markets where these solutions are not currently available.
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How Do The Programmes Work?
In essence, referring parties of all types receive residuals for all merchants,
and all services, they refer that go live with us. These residuals are paid for
as long as the services are used by those clients.
Residuals for direct merchant account solutions with banks are paid based on the
NET SETTLED position of the merchants' monthly processing volume.
All other integrated, and standalone service residuals, are paid on a per 'click'
basis as per the terms of the contract signed between the referring partner and
us for that specific deal.
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What Do I Have To Do To Earn My Residuals?
Get to know us, work with our Business Development and Marketing teams on product
and service positioning for your clients, introduce your customers to our solutions,
and then act as the bridge between us and the companies you refer, to help expedite
a successful outcome for all parties.
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How Are Residuals And Commissions Paid, And How Often?
We invoice for our services on a monthly basis (payment terms are receipt of invoice).
As soon as we receive payment, we pay you. You advise us how you wish to receive
residual and commission payments.
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What Happens To My Commissions If My Clients Are Slow In
Paying You?
We pay commissions based on invoice remittance only so if the clients you refer
to us do not pay, or are slow to pay, this will directly impact our ability to pay
you.
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How Do I Refer Clients?
Depending on the size and specifics of the solutions you are looking to source,
there are two options for getting started (1) complete our online form, (2) contact
cburns@fac.bm - Chris Burns, VP, International
Business Development or tlineshill@fac.bm
-- Tricia Lines Hill, VP, Marketing.
For direct merchant account solutions, please begin by reviewing our list of
acceptable merchant types.
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If I Am A Consultant With A Banking Client Needing Acquiring
Or Other Services, What Should I do?
You can choose to complete our online form or if you prefer contact cburns@fac.bm
- Chris Burns, Vice President, International Business Development.
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How Can I Ensure Confidentiality And Non-Circumvention?
We have many years experience of working with partners and consultants
and understand the sensitivities and need for complete confidentiality. As such,
we have Non Disclosure Agreements that have been drafted specifically to protect
all parties involved in any discussions. You can choose to review and sign a FAC
NDA ahead of initial discussions if you prefer. We are also happy to review prospective
partner and client NDAs as appropriate.
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Who Can I Refer To You?
Banks and processors looking for solutions, online merchants shown on our
acceptable merchants list
for direct merchant account solutions. For our standalone services we are able
to consider all types of businesses and leads.
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How Do I Review My Merchant Portfolio?
Via secure, permission-based, login to First Atlantic Commerce
web reports.
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How Do I Obtain These Login Details?
Our technical team will establish your login details, and rights, and provide the
necessary information directly to you. We require written confirmation from your
merchants/clients for you to view their transactional data.
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How Do I Retain Control Of My Merchants/Bank Clients?
We offer all parties the opportunity to review and sign contracts which provide
written assurances to this effect.
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What Happens Once My Merchants Have Been Approved By Your
Banks, Or Directly By You For Your Standalone Services?
Our Business Development teams will introduce you and your clients to our technical
teams, and the process of integration (when necessary and depending on solution
type), will begin. We leave it to you, and your clients, to decide who they want
to be involved, for how long, and to what extent.
Your involvement with your clients and merchants once they are live with us is again,
for you, and they to decide.
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What Other Value-Adds Can I Expect From Being A Partner?
- Dual branded marketing PDF brochures (terms apply)
- Joint conference attendance (terms apply)
- Sales and technical training
- Joint conference calls and client presentations (terms apply)
- Opportunity for free banner advertising on partners page of our web site (terms
apply)
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To find out more please contact us. Or simply apply online.
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