Finix

#PayFac

Finix is a financial technology company that focuses on payments.

Market coverage N/A
  • United States of America
Description

Finix provides a Payment-as-a-Service platform that enables businesses to build, operate, and innovate in the payments space. Their goal is to provide scalable and flexible payment infrastructure to companies, whether they are startups or established enterprises.

Finix’s platform is designed to help businesses manage all aspects of their payment operations, including payment processing, merchant account management, regulatory compliance, and reporting. They also offer tools for customizing the payment experience and creating additional revenue streams.

Finix's features

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

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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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