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Note: Some of these terms and processes will only apply at a Facilitator level and may not be available to Referrers and below. If you are a Pro Partner Referrer under Payrix, you can request updates to your Division, Host, or Workflow configuration by submitting an Implementation ticket.
Types of Entities
Facilitator - A Premium Partner, offering Payment Facilitation products and capabilities of the platform to Payrix Pro Partners (Referrers) or directly to Merchants, while assuming all risk and underwriting liabilities as a Payment Facilitation business.
Referrer - A Pro Partner, offering the products and capabilities available through the platform to Merchants as a whitelabeled referral of Payment Facilitation-as-a-Service offered through Payrix or a Payrix Premium Partner’s whitelabeled offering.
Merchant - A business successfully boarded to the platform through direct integration, or boarded through a Referrer’s offering of the platform, to accept payment transactions.
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Tip: If you would like to become a Pro or Premium Partner of the Payrix platform, you can schedule a demo with our Sales team to explore our offering and how to get started! |
Entity Management Terms
The following are technical terms used by the Payrix platform to describe logical groupings of various processes, entities, and their relevant portfolio data:
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Types of Entities
Facilitator - A Premium Partner, offering Payment Facilitation products and capabilities of the platform to Payrix Pro Partners (Referrers) or directly to Merchants, while assuming all risk and underwriting liabilities as a Payment Facilitation business.
Referrer - A Pro Partner, offering the products and capabilities available through the platform to Merchants as a whitelabeled referral of Payment Facilitation-as-a-Service offered through Payrix or a Payrix Premium Partner’s whitelabeled offering.
Merchant - A business successfully boarded to the platform through direct integration, or boarded through a Referrer’s offering of the platform, to accept payment transactions.
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