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Deposyt Enhances Partner Program with New Revenue Opportunities

Deposyt, a leading payments and growth technology firm based in Tempe, Arizona, is taking significant strides in its Partner Program, introducing fresh avenues for software companies and referral partners to generate recurring payments revenue. This initiative aligns with Deposyt's mission of empowering businesses by sharing the wealth from payment transactions, creating a win-win scenario for all involved.

New Ways to Earn

As part of this expansion, Deposyt has unveiled three distinct strategies that partners can utilize to reap the benefits of their efforts:

1. Refer & Earn: This program is designed for individuals and organizations such as agencies, consultants, accountants, and even community representatives who are well connected with business owners. By utilizing a unique referral link, partners can introduce businesses to Deposyt and rest easy knowing that all operational responsibilities are managed by the Deposyt team. David Carlin, Co-Founder and President of Deposyt, emphasized, “If you know business owners, you already have the hard part done. You get paid monthly without needing to understand the intricacies of payment interchange.”

2. Established Agents: Not all agents are accepted into this tier of the program. Selected agents enter into negotiated agreements that detail their earnings and the support they will receive. Deposyt emphasizes integrity and works only with those committed to maintaining strong partnerships with both agents and the merchants they serve. Patricia Carlin asserted the importance of having sales acumen while adhering to ethical standards.

3. White Label Solutions: For Independent Software Vendors (ISVs), Software as a Service (SaaS) providers, and POS developers, this option offers the flexibility to brand the payment service as their own or utilize Deposyt’s brand. This option allows partners to focus on their core business while Deposyt manages the essential infrastructure, risk, and customer support associated with payment processing.

The Value of Payment Independence

In an age where private equity has prompted software companies to monetize payments more extensively, many firms are hesitant to build out the necessary infrastructure to support such offerings continuously. Deposyt alleviates this concern by handling both merchant accounts and ongoing support, creating a seamless experience for its partners. Patricia Carlin elaborated, “If a customer decides to stop using your software, and the payment service carries the same branding, they might cancel both. By keeping them separate, our partners can continue earning residual income even if their software isn't in use.”

A Commitment to Transparency

Deposyt sets itself apart by assuring partners of its integrity and commitment to fair dealings. With over 25 years of experience in the payments sector, the company boasts a policy of zero stolen residuals. Through their proprietary Customer Relationship Management (CRM) system, partners can track all leads, deals, and residual incomes, ensuring complete transparency in transactions.

Patricia Carlin stated, “In twenty-five years, we have never stolen a residual or bypassed an agent in any deal.” The company has cultivated a reputation for reliability and open communication, a refreshing contrast to more deceptive practices prevalent within the industry.

Empowering Partnerships

At its core, Deposyt aims to ensure that those who facilitate business transactions receive fair compensation for their contributions. By enhancing its Partner Program, the company continues to foster strong partnerships that drive success across various sectors.

To those interested in joining the expanded Partner Program, online applications are available through Deposyt’s official website, or potential partners can reach out directly through designated contact numbers.

Deposyt's commitment to handling “the hard part” reaffirms its position as a preferred partner in the payments ecosystem, prioritizing the needs of its network while maximizing their earning potential.

Deposyt remains dedicated to facilitating growth and empowering businesses with tools tailored for both low-risk and high-risk industries, ensuring they thrive in an increasingly competitive landscape.