The credit card processing and merchant services industry is daunting. Many business owners face the challenge of how to sell merchant services. With so many options, where do you start?
The solution is simpler than you think. By partnering with a trusted payment processing leader, you can start a credit card processing company and offer merchants the tools to accept payments online, in-store or both. With commissions and residuals, you can generate recurring passive revenue that grows over time. That is why becoming a payments referral partner is a popular option for professionals who can leverage a network of business contacts to earn revenue while solving business challenges. Rapyd provides all the resources you need to sell credit card processing and merchant services.
The Rapyd Referral Partner Alcaston took this path. They sell credit card processing and merchant services to businesses in high-opportunity industries like online gaming, travel and digital goods. Today, they’ve transformed their venture into a fast-growing company by partnering with Rapyd.
Here Are the Steps to Follow to Sell Credit Card Processing and Grow Your Business as a Rapyd Referral Partner
Find Your Niche
Every industry has its unique payment challenges. For example, iGaming and online gaming need solutions for ID verification and chargebacks. The travel industry requires high authorisation rates for cross-border and large transactions. When selling merchant services, it’s best to focus on an industry or use case so you can develop expertise around their needs and build a network of contacts.
Businesses are always looking for providers who understand their unique needs. Whether it’s higher authorisation rates, streamlined onboarding or alternative payment methods, understanding your niche’s needs helps you stand out.
Case Study: Alcaston’s success began with high-opportunity industries like online gaming. Early on, they realised that these fast-growing businesses were underserved when it came to flexible, global payment solutions. By partnering with Rapyd, Alcaston offered merchants more than just credit card processing—they provided access to higher authorisation rates, 900+ local payment methods, and multi-currency support. In addition, Alcaston was able to scale quickly and build trust with clients in an industry that demands agility.
Tip: Looking for a niche? High-opportunity industries like B2B, eCommerce, online gaming, online trading and the creator economy are high-growth markets where Rapyd can help you offer tailored payment solutions.
Partner with a Leading Payment Platform
Choosing the right partner is the key to selling credit card processing successfully. Businesses don’t need unreliable processing from organisations that may onboard a merchant today and then drop them tomorrow.
Rapyd is more than just a payment platform—we’re a global payments leader. With 900+ alternative payment methods, multi-currency business accounts and direct card acquiring, Rapyd gives you everything you need to serve clients around the world. We make it easy for you to earn revenue as a referral partner.
Build Relationships and Network
Networking is the backbone of reselling merchant services and card acquiring, and the stronger your relationships, the faster you can grow your business.
Rapyd understands the power of connections and provides its partners with a dedicated point of contact to foster long-term, enduring relationships for you and your merchants.
Alcaston took advantage of Rapyd’s partner resources, leveraging our high-touch customer support to delight their merchants. Whether it was providing fast, hassle-free onboarding or customised payment solutions tailored to client needs, Alcaston always had Rapyd’s team by their side. This ongoing support allowed them to build trust with merchants and expand their business faster than they could have on their own.
How to Build Your Network
Here are some actionable tips to help you network and grow your credit card processing business:
- Target decision-makers: Focus on connecting with key decision-makers within your target industries. CEOs, CFOs, and operations managers have the authority to make payment decisions and be open to solutions that directly impact their bottom line.
- Showcase your expertise: Demonstrate how your payment solutions can solve their specific pain points.
- Leverage industry events: Attend events, both online and in person. Networking at these events is a great way to meet potential clients and establish your presence.655
- Follow up consistently: Don’t let the conversation end after making a connection. Regular follow-ups and check-ins build rapport and ensure you stay top-of-mind when merchants are ready to make payment changes.
Why Rapyd Is the Best Choice for Selling Merchant Services and Credit Card Processing?
When it comes to selling credit card processing and merchant services, Rapyd offers a combination of benefits that no other platform can match:
- Local Acquiring: Tak debit and credit cards across Europe, the UK and Singapore, and accept alternative payments worldwide.
- 900+ Alternative Payment Methods: Accept more than credit cards. Add bank transfers, digital wallets and hundreds of other payment methods your merchants prefer.
- Multi-Currency Business Accounts: Make it easy for merchants to manage global transactions and settle in local currencies.
- Seamless Onboarding: Our quick and efficient onboarding process lets you start selling merchant services quickly and with minimal friction.
- 24/7 Dedicated Support: With Rapyd, you get real-time support whenever you need it, so you’re never alone in helping your merchants.
Rapyd doesn’t just provide a service—we empower our partners to sell credit card processing confidently. Whether you’re looking to grow your existing referral business or just starting to explore how to sell merchant services, Rapyd gives you the tools, resources and global reach you need to succeed.
It’s time to take action. If you’ve been wondering how to get into the credit card processing business, now’s the time. Partner with Rapyd and sell credit card processing with the support of a payment leader dedicated to your success.
