A SOLUTION FOR CARD ISSUERS
Today’s small business need the ability to accept electronic payments to grow their business and gain access to capital to invest in their growth. The challenge for many small businesses is the cost of accepting card payments and limited access to lines of credit and capital. PayVus® is a unique payment platform that combines accounts receivable, accounts payable and line of credit management into a single view for small businesses. With PayVus®, small business card issuing and merchant acquiring are combined into a single platform. For Issuers, this means significantly increased Interchange revenue along with a larger portfolio of small business cards.
Every issuer has different small business acquisition strategies and the PayVus Platform can be implemented to support multiple types of card issuing and acquiring programs, including:
- Enabling a Dynamic Line of Credit by establishing a secured credit card backed by merchant’s receivables from credit card processing
- Providing small business with a fully integrated Accounts Receivable, Accounts Payable and Line of Credit Management solution using the credit card as the primary transaction account
- Converting existing personal cards used by small businesses into a small business or commercial card.
HOW PAYVUS® WORKS
PayVus® manages the complete life cycle of card issuing, card underwriting, merchant account underwriting, funds settlement and funds distribution. The PayVus® rules-based platform can be configured to support Issuer’s specific workflows required to issuer cards and link a small business card, merchant account and bank accounts so that the small business has a view of all their AR/AP and Line of Credit transactions.
AN END-TO-END SOLUTION
The PayVus® platform is an end-to-end solution for managing cardholder underwriting, card issuing, acquirer funds settlement, issuer funds settlement, reporting, and reconciliation. As a turnkey solution, PayVus® provides a full set of secure API’s that are available for integration with existing systems and processes.