Velocity, a Week in the Life of a Highly Regulated Application
Our VP Of Marketing and Biz Dev. John Malone Spends A week getting regulated. How did it go?
Throughout the week, we witnessed firsthand the functionality and capabilities of the MSD Total Acceptance Gateway. This platform is designed to get and keep merchants processing seamlessly, especially highly regulated ones, by providing a comprehensive solution with the appropriate tools and controls.
(Ok I was the last one to sign up for training)
Key Features of the Gateway:
(Yes I played catch up)
✅ Velocity Controls: Set over 150 permissions to ensure transactions flow at the right pace.
✅ Load Balancing: Built for multi-mid merchant relationships, offering a real-time view of capacity by the merchant account.
✅ Pay-by-Text: Send links and invoices directly from the gateway to phones.
✅ Subscription-based Alternative Payments: Accept ApplePay and other subscription-based payments based on billing frequency.
✅ Future-proof Transactions: Includes issuing, banking, and next-gen products all in one place.
✅ Integration Capabilities: Compatible with all major shopping carts, accepting more high-risk merchant types with ready-to-go vertical gateway packages for various industries.
The Velocity of a Week in the Life of a Highly Regulated App:
- Monday: Reviewed and understood the compliance guidelines.
- Tuesday: Assisted in completing documentation requirements.
- Wednesday: Conducted site surveys and verified business operations.
- Thursday: Implemented velocity controls and load balancing for new merchants.
- Friday: Facilitated integration with major shopping carts and futureproofed transaction processes.
Seriously though our first week using our new suite of products was an enriching experience. It underscored the importance of stringent compliance, thorough documentation, and robust functionality to support high-risk merchants. By navigating these challenges, we not only ensured regulatory adherence but also contributed to broader economic growth and innovation.