Inspire Commerce is proud to offer PayFac as a Service through in house and strategic partner channels.

What is a PayFac?

A PayFac is a Payment Facilitator, or Master Merchant style merchant account.  If you run a company with multiple sub-merchants OR if your customers THINK they are paying someone other than your company, you are required under current credit card brand rule sets to setup your company as a Payment Facilitator (or to partner with one who can provide this service).

Inspire Commerce can provide the following Services:

• Sub-Merchant Account Boarding / Setup through a Consolidated API:
  • Business Credit and Business Verification Services
  • Evaluate Credit Bureau Data
  • Evaluate the credit worthiness of companies and private individuals as potential sub-merchants.
• Risk Management
  • Portfolio Management
  • Fraud Reimbursement Services for Fraudulent Activity
  • Credit Risk Management
• Security Auditing
• Account Authorization and Settlement of Funds including:
  • Split Payments (including Split Authorizations)
  • Account Transfers To Other Sub Merchants (For more complex Split Payments).
  • Financial Administration of Credit Card and Debit Card accounts, as an alternative to ACH backed bank settlement.
    • Including Issuance of Debit Cards For new Accounts and Lost Cards.