ConnexPay is the first and only company to bring together the two sides of the payment process—payments acceptance and virtual payments issuing—into a single platform with one contract and one reconciliation.
The flexibility of this technology allows clients to adopt the full end-to-end acquiring and issuing solution or leverage ConnexPay’s innovative intelligent routing issuing-only platform.
Through innovative and patent-pending payments technology, ConnexPay provides reduced payments risk, a new source of revenue, automated reconciliation, and guaranteed lower merchant processing fees—all while avoiding large lines of credit or prepayments.
Founded in 2017, ConnexPay is a leading payments provider for travel agencies and brokers, ecommerce providers, online marketplaces, and more.
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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