Use Case: Board a New Referrer

Owned by Miles Graves
Last updated: Dec 24, 2024 by Ada Li
3 min read

You can add Referrers (sometimes referred to as Vendors) under your portfolio to increase transaction and service fee volumes from Merchant transactions. This tutorial walks you through the steps to board a new Referrer, with the option of creating a division for the Referrer.

Partial view of the Referrers page and the ADD REFERRER button.

Objective

Create a new Referrer account and add the primary Referrer’s user information.

Audience

  • Facilitators

Environment

  • Portal (Sandbox)

  • Portal (Production)

Prerequisites

Prerequisites:

  • You must have a fully boarded Facilitator account to perform any of the actions described in this use case guide.

  • You must have the required information about the Referrer's business, including the following:

    • Owner information

    • Business information

    • Bank account information (including account and routing numbers)

Warnings

Warning: Risk review is required as part of the boarding process for all new Payrix accounts. After you complete the use case steps below, the Referrer account will undergo an automatic risk review. You will be contacted via email if additional manual review or supporting documentation is required.

For more information about risk reviews, see the Risk and Compliance Guide.

Additional Resources

For more information about the Referrer boarding process, see Referrer Boarding (Payrix Pro).

Board a New Referrer

1. Access the New Referrer Form

  1. Click Referrers under Management in the left navigation panel to open the Referrers page.

  2. Click ADD REFERRER in the upper-right corner of the page to open the Add Referrer lightbox on the page.

2. Enter Referrer Business Information

  1. Enter the business information for the Referrer in the upper portion of the lightbox.

  2. Accept the Terms and Conditions by selecting Accept Terms and Conditions below the business information section.

3. Enter Referrer Contact Information

  1. Enter the primary Referrer's email address.

  2. (Optional) Enter a username, password, and user information to create a new user for the Referrer.

4. Create a Division (Optional)

Create a division for the Referrer by selecting Create Division below the contact information section.

5. Finish Adding the Referrer

Click Add Referrer at the bottom of the lightbox to finish adding your new Referrer.

Result: The new account will now undergo risk review.

Next Steps

After boarding your new Referrer, review the following use case guides for additional information on related topics:

  • Set Up a Division: Manually create a division for yourself or a new Referrer at a later time to apply whitelabel settings, workflows, and more.

  • Set Up a Group: Group your Referrers to apply the same fees and other settings.

  • Automate Risk Decisions for Groups: Establish automated risk review and response actions for your Referrers individually or in a group.

  • Set Up a Custom Platform Fee: Create a fee structure for your group to charge Referrers a monthly fee for access to your platform offering.

Conclusion

The new Referrer account will undergo risk review. When the Referrer's account is approved, the account will be active and the new Referrer will be able to board Merchants and perform other actions on the platform.

References

Click the links or items below to access any of the following pages: