A SOLUTION FOR ISO'S AND ACQUIRERS
With PayVus® ISO’s and Acquirers can now sell merchant services below Interchange while increasing revenues.
PayVus® is a revolutionary platform that combines merchant acquiring with commercial credit card issuing. With this unique approach, PayVus® pays residuals to ISO’s and Acquirers based on merchant spending. When combined with traditional revenue streams from merchant acquiring, residuals from PayVus® can double your profits. PayVus® residuals can be used to offset and reduce merchant processing fees, enabling you to sell at or below Interchange. This means lower processing fees for your merchants plus a line of credit that your merchants can use to grow their business. For you, this means competitive pricing, more merchants, and more profits.
HOW PAYVUS® WORKS
When an ISO/Acquirer enrolls a merchant in a PayVus® program, the merchant is issued a commercial credit card. The merchant continues to accepting credit cards the way they normally do, however during daily settlement, PayVus® automatically splits the merchant’s daily settlement between the merchant’s PayVus® credit card and the merchant’s regular bank account. Funds deposited to the credit card are posted as a credit balance and are available for immediate use by the merchant.
The ISO/Acquirer is provided with a residual for all funds deposited to the card. The ISO/Acquirer can use their PayVus® residuals to provide discounted processing fees to the Merchant. The PayVus® platform maintains a complete record of funds settlement and revenue share for all participants.
A TURN-KEY SOLUTION
Getting started is easy. The PayVus® platform enables ISO’s/Acquirers to automatically manage the settlement of funds between the merchant’s PayVus® credit card and the merchant’s bank account. Additionally, PayVus® automatically manages the settlement of funds, residual payments to the ISO/Acquirer, distribution of savings directly to the merchant and the complete card issuing and management process. Since PayVus® is post-settlement, there is no impact on the merchant’s daily transaction processing and works with any payment processing system and any Acquirer.