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Role in brief
Paylab, a payment service provider for iGaming and high-risk merchants, is looking for payment agents to bring in new merchant accounts. This role focuses on leveraging existing networks to connect operators and other high-risk businesses with Paylab's payment processing solutions, earning lifetime commission on processing volume.
About the role
This role involves acting as a payment agent for Paylab, a payment service provider (PSP) that specializes in the iGaming sector and other high-risk merchant categories. The primary objective is to identify and attract new merchants to use Paylab's services. This means leveraging an existing network to introduce operators and other high-risk project owners to Paylab, specifying their geographical reach, industry vertical, and anticipated transaction volumes.
Paylab handles all the operational aspects once a lead is introduced, including onboarding, risk assessment, and technical integration. The agent's responsibility is solely on lead generation and initial qualification. Paylab offers a high approval rate for complex merchants, which can be a key selling point for agents approaching iGaming operators and other high-risk businesses.
Success in this position is measured by the number and quality of merchants brought into the Paylab ecosystem. Agents will receive a percentage of the processing volume generated by the merchants they introduce, for the entire lifetime of that merchant's relationship with Paylab. This compensation model emphasizes building long-term relationships and providing a steady revenue stream for successful agents.
Skills that matter here
- merchant portfolio: This role requires agents to have an existing book of business or connections with potential merchants in iGaming or high-risk sectors.
- PSP sales: Candidates with prior experience in payment service provider sales are sought, particularly those with active contacts in the industry.
- iGaming consultants: Individuals who advise iGaming operators on launch or scaling strategies are well-suited, as they likely have direct access to decision-makers.
- Networkers: The ability to connect with owners of casino, bookmaker, and other high-risk projects is crucial for generating leads.
- Licensing providers and agencies: Professionals working with operators on licensing are valuable as they have direct access to potential clients for payment processing.
Who this role suits
- A person with an established network within the iGaming or high-risk merchant sectors.
- Someone who thrives on commission-based compensation and values long-term residual income over one-time bonuses.
- An individual who prefers a role focused purely on business development and lead generation, without operational responsibilities.
- A professional with a strong understanding of the payment processing needs of online casinos, sportsbooks, and other high-risk ventures.
From the employer
- Attract merchants by specifying GEO, vertical, and volumes.
- Receive feedback on connection possibilities.
- Onboarding, risk analysis, and integration handled by Paylab.
- Earn a percentage of processing volume for the merchant's lifetime.
- Payment agents with a merchant portfolio.
- Former PSP sales with live contacts.
- iGaming consultants assisting operators with launch/scaling.
- Networkers with access to casino, bookmaker, and other high-risk project owners.
- Licensing providers and agencies working with operators.
- High approval rate for complex merchants.
- Minimal workload: operational work handled by Paylab.
- Lifetime referral commission instead of a one-time bonus.
- Quick feedback on leads.
Questions about this role
What is the remote work policy for this role?
This is a fully remote position.
What is the typical seniority level for this role?
The seniority level for this role is not specified in the provided information.
How is compensation structured for this role?
Compensation is based on a lifetime referral commission, calculated as a percentage of the processing volume from merchants the agent introduces.
✓ Apply here in a minute. Your application and answers go straight to the hiring person, so you never land in a spam pile.