We offer a wide range of the highest quality credit and debit card payment terminals for which we can develop customized payment applications for maximum flexibility. Pay Facto is much more than a supplier. We are a dynamic, agile and efficient payment processing partner. Our payment software development and terminal certification team is dedicated to helping you quickly and inexpensively create and integrate complex payment processing functions. Whether you are looking for an autonomous payment terminal, ECR or mobile, we will be able to offer you tailor-made solutions adapted to your needs. Discover our tailor-made solutions and see how you could take advantage of our very competitive prices as well as our complete leasing programs which could allow you to reduce your expenses related to the acquisition of equipment.
Our digital platform is a completely secure online transaction processing gateway. With a range of flexible options, we set the pace of integration by supporting the Redirection, Full Integration and Virtual Terminal web interfaces.
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Risk Management
Our team of experts can help you implement fraud and risk management processes that will ensure the sustainability of your account in some of the most complex payment processing environments. With our extensive expertise and advice on using best practices in service delivery and transaction monitoring, we can help you reduce credit card fraud and chargebacks while increasing your sales.
Merchant Assessment And Customer Satisfaction
We are aware of the importance of knowing your customers well to maintain and improve their satisfaction and loyalty. To this end, we have teamed up with an industry expert, True Rating, to implement integrated customer feedback tools right on our payment terminals. Find out how you could benefit from instant customer insights through our partnership with True Rating technologies.
Opening a merchant bank account should be simple. After all, merchant account providers will cash money every time you process a transaction. They should be happy to work with you, right? If only it were. The payments industry is very competitive, and merchant account providers obviously want to work with you – but they need to know your business well before accepting your request. In this article, we will tell you exactly how to get your merchant account application approved, and what to do if it is denied.
Since the payments industry and the jargon used are quite complicated, we will also define some of the most commonly used expressions, such as merchant account, payment gateway, and high risk merchant processor. If you already know the basics, feel free to skip the definitions.
What Is A Merchant Account?
A merchant bank account is a special bank account used to hold funds captured from sales made by credit or debit cards. If you’ve used your card before, and wondered where the funds went, they’ve just been transferred to a merchant account. Then they are transferred to a normal corporate bank account, usually on a weekly or daily basis. It is also important to note that a merchant account is a legal agreement between you and the supplier. You will receive general conditions of sale and use and a contract to sign. Here are some things to look for before signing a merchant account contract.
What Is A Payment Gateway?
When processing a credit card transaction, information must be sent somewhere to verify that the card holder has enough funds to pay for their purchase. When it is a transaction carried out in a traditional physical company, it is the POS system (point of sale) which collects the data of the card holder, which formats them, and which sends them to Visa or MasterCard to see if the client has sufficient funds.