OUR MISSION…
At Zen Payments our mission is simple – to be an honest and transparent partner to our merchants. No matter the size of your business or the industry that you are in, we will make sure you have a merchant account that you can rely on. If you have been a business owner for long you will know that credit card processing is an industry plagued with complexity, dishonesty and inflexibility. Our founders saw this and set out to bring transparency, honesty and flexibility to the industry.
To us, business is about so much more than the bottom line. It is about enabling others to succeed and helping cultivate a marketplace of compassion and trust. We do this by offering reasonable and easy to understand rates, not locking you in to a lengthy and expensive contract and being on the cutting edge of payment technology.
A PG is a transaction processing technology that captures, stores, and transmits card information from the customer to the acquirer.
A PSP is a financial entity that is authorized to process transactions between buyers and merchants.
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.
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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