Zai is a Melbourne-based Australian Fintech payment service provider that is backed by the International Venture arm of Standard Chartered Bank, with over a decade of experience Zai is helping B2B businesses by simplifying complex payment workflows with an all-in-one payment solution that helps with automation and reconciliation of payments enabling businesses to scale.
Zai offers a diverse number of payment solutions including traditional methods such as Credit Card Acceptance and Direct Debit, as well as next-generation methods in account-to-account Payments including PayID and PayTo.
To find out more about Zai visit: www.hellozai.com
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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