Referrer Boarding (Payrix Pro)

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:

1. Payrix Pro - Payrix acts as your Facilitator to manage the primary risk associated and provide the payment gateway.

2. Using another PayFac-enabled Facilitator that offers Referrer enablement.