ING Australia merchant facility
Reseller or PayFac
ING Australia sells a merchant facility under somebody else’s acquiring licence rather than holding one of its own. That is not a knock on it — it is usually quicker to get started on — but it is worth knowing which you are signing.
- What it is
- A reseller or payment facilitator: sells card acceptance without holding the acquiring licence behind it.
- Licence
- Sells under another institution’s acquiring licence
- Scheme licences
- None we can cite. Each card scheme keeps its own register, and we only list what we can show.
What it costs
Merchant facility rates are negotiated, not published, and what you are offered depends on your turnover, average sale and card mix. A published rate would be wrong for most readers, so we do not print one. Send us a statement or a quote and we will tell you whether yours is competitive.
Not on Visa’s published acquirer register for Australia, so the acquiring sits with a partner. Which partner is not recorded here — it goes in when confirmed, rather than being guessed at.
Official site: ing.com.au/business.html
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