Here’s one simple thing your company can do to create more value:
➡️ Pay your partners more.
Sure, it might sound counterintuitive. But hear me out.
Back in my Mercury Payment days, I was looking for ways to grow the business.
I thought to myself:
❓How can we build more partnerships?
❓And how can we make sure those partners stay with us for the long term?
The answer: we shared more revenue with our partners than anyone in the industry ever had — for the lifetime of their accounts.
It was a resounding success. So much so that everyone else jumped on board and it became the norm for the POS ecosystem.
And now, we’re doing the same thing with MassPay.
We have the highest commission payouts in the industry, rewarding our partners and helping them reach their revenue goals.
Now, hopefully, this will become a norm in this industry too.
But until then, if you’re looking for a payouts partner, why not go with one that will give you a bigger slice of the pie — for the lifetime of the account!