In order to utilize the Payrix solution as a Vendor, it is required to go through certification with our Launch or Pro platform. Please reference our Service Desk for information on the Vendor/Referral solution.
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Step 1 - Engage
Connect with our Sales team at sales@payrix.com to discuss your solution and strategic goals for integrating payments. During this phase, Sales works to understand the opportunity so they can recommend the ideal model for your business needs and goals.
Step 2 - Solution
After a preliminary conversation with the Sales team, you will begin solutioning implementation with the Payrix team and be assigned a dedicated relationship manager (RM) to help you through the process. Your RM will dive deeper into your specific needs and requirements to scope the project.
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Referrers, (sometimes called “Vendors”, or “Pro Partners”), are middle-man entities that offer a SaaS payment solution to B2B and B2C Merchants using a whitelabeled version of a [payment] Facilitator’s existing offering. The Referrer can assess billing costs, fees, and profit-sharing configurations to generate revenue from Merchant transactions. Referrers are in a specifically unique position as the Facilitator assumes primary risk mitigation for transactions, minimizing the overall effort and transaction monitoring normally required as a stand-alone payment solution.
Referrers can board the platform under a Facilitator in one of two ways:
Payrix Pro - Payrix acts as your Facilitator to manage the primary risk associated and provide the payment gateway.
Using another PayFac-enabled Facilitator that offers Referrer enablement.
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Tip: Referrers boarded under the Payrix Pro offering are also called “Payrix Pro Partners” |
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Warning: To become a Payrix Pro Partner, you must receive certification from a Launch or Pro Platform Relationship Manager. |
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Getting Started
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To get started as a Referrer on Payrix, you must contact our sales team at sales@payrix.com. |
After a sales representative has contacted you, you’ll discuss your payment solution in depth and outline your strategic integration goals. Based on your requirements, we’ll recommend the ideal integration model and pricing to meet your outlined goals and business needs.
Scoping your Project
When you’ve found the best integration model with our sales team, you’ll work with an assigned Relationship Manager to outline and scope your implementation process. Your Relationship Manager will help gather additional requirements during this solutioning process to meet any specific needs you may have.
Implementation/Certification
Following the solutioning process, your RM Relationship Manager will engage our Implementation team as a technical resource to walk you through the API, Portal, and best practices, ensuring that as the facilitatoryour Facilitator, we can meet the your merchant’s needs of using your solution and merchants. In this phase, we’ll review:
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Setting up your API credentials.
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Technical requirements for merchant boarding
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Risk considerations for merchant boarding
Merchant boarding technical requirements.
Merchant boarding risk considerations and best practices.
Easy Merchant management using Groups, fees, and withdrawals
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Processing your first sale transaction payment.
Setting up your transaction capture & settlement processes.
The Implementations team will validate and certify your solution based on the your disclosed requirements and needs you’ve disclosed. After this has been completed, your RM will schedule a call with Operations to review our platform risk requirements. After these requirements have been met and your solution has been certified, your Relationship Manager will contact our Operations team to perform a final review of the solution against our boarding and support procedures.
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Launch
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Once your certification and requirements have been completed, our teams will have everything necessary for a successful launch. Your RM Relationship Manager will assist with boarding the first merchant and Implementations will validate that your client is able to can successfully process a transaction and settle. After we’ve validated the end-to-end process flow, we will schedule a launch call to address any outstanding go-live into production questions.
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