Payment Aggregation

What is Payment Aggregation?

Payment aggregation is a service where a provider allows multiple merchants to process transactions under its own master merchant account. This model simplifies the onboarding process for small businesses, as they do not need to set up their own individual merchant accounts with a bank.

Why It Matters

• It enables small and micro-merchants to start accepting digital payments almost instantly.

• It reduces the administrative burden and cost of managing separate merchant relationships.

• It provides a unified interface for managing payments across different methods and platforms.