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 10 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
To top
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.
To top
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.
To top
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.
To top
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.
To top
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.
To top
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.
To top
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 awilson@fac.bm - Andrea Wilson, Director, or cburns@fac.bm - Chris Burns, Vice President, International Business Development.
To top
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.
To top
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.
To top
How Do I Review My Merchant Portfolio?
Via secure, permission-based, login to First Atlantic Commerce web reports.
To top
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.
To top
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.
To top
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.
To top
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)
To top
To find out more please contact us. Or simply apply online. |
