FairPay

#Payment Service Provider

Latam (High risk)

Payment methods N/A

Market coverage 9
  • Brazil
  • Chile
  • Colombia
  • Costa Rica
  • Ecuador
  • El Salvador
  • Mexico
  • Panama
  • Peru
Description

FairPay positions itself as a service that enables users to receive fair payment for their creative work. The platform offers an alternative to traditional compensation models by introducing a contribution-based approach.

FairPay provides a system where creators can share their content, such as articles, videos, music, or other forms of media, with users. Users then have the option to contribute financially on a voluntary basis, depending on their appreciation of the content.

The goal of FairPay is to allow creators to obtain fair and equitable compensation for their work while encouraging users to recognize the value of the content they consume and support it financially.

FairPay's features

  • 3D Secure
  • Chargeback management
  • Chargebacks
  • Partial Captures
  • Partial Refunds
  • Payin
  • Payout
  • Recurring Transaction
  • Recurring Transactions
  • Refunds

Data not up-to-date?

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Frequently Asked Questions

What is a Payment Aggregator (#PA)?2023-09-14T14:17:02+02:00

A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.

What is a Payment Facilitator (#PayFac)?2023-04-18T18:56:26+02:00

A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.

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