Paynetics enables partners to operate as Payment Facilitators under the Paynetics acquiring license. Paynetics provides a full framework for PF onboarding, merchant underwriting support, transaction processing, settlement, and scheme reporting, while ensuring compliance with Visa and Mastercard requirements.
Our Capabilities:
PF Onboarding & Registration – Full support for Visa and Mastercard PF registration, including contractual compliance, unique PF IDs, and scheme certifications.
Merchant Onboarding API – consistent API-driven merchant submission. Integrated MATCH (MC) and VMSS (Visa) checks, automated risk scoring, and configurable flows (automated or manual UW approval). Note: that some of the features are coming in Q4.
Risk Management – Continuous monitoring of Sponsored Merchants, and risk score–based KYC/KYB refresh cycles.
Transaction Processing – All merchant transactions pass through Paynetics’ acquiring platform before reaching the processor, ensuring transparency, real-time controls, and reporting.
Settlement Models – Flexible payout models (PF-led or acquirer-led), with support for rolling reserves, delayed settlement, and configurable fee models.
Reporting & Compliance –
Visa: Monthly and quarterly PF activity reporting.
Mastercard: On-demand and periodic reporting, with 5% merchant audits and compliance validation.
Full audit trail in our Admin portal.
Admin Portal – PF and merchant data fully visible, including PF IDs, risk scores, merchant status, and compliance documentation.
Value for Partners:
Faster time-to-market with minimal development effort.
Reduced compliance overhead by leveraging Paynetics’ reporting and monitoring capabilities.
Flexible configuration to match PF commercial models and merchant risk profiles.
A global card network and payment scheme operating the infrastructure that authorises, clears, and settles card transactions worldwide. Paynetics is a Principal Member of Visa for both issuing and acquiring, which authorises it to issue Visa-branded cards and sponsor partner card programmes.
A global card network and payment scheme operating the infrastructure that authorises, clears, and settles card transactions worldwide. Paynetics is a Principal Member of Mastercard for both issuing and acquiring, which authorises it to issue Mastercard-branded cards and sponsor partner card programmes.
A Merchant represents a business entity that accepts payments or uses acquiring-related services.
Merchants are created within an instance and can be associated with one or more accounts, including funding and settlement accounts. Merchant configuration is subject to underwriting and card scheme approvals, depending on the services enabled.
Merchants become operational through merchant onboarding, once the relevant application has been approved.
Know Your Customer. The regulatory and risk-management process of verifying the identity of individual customers before onboarding them to a financial service. KYC obligations fall on the entity holding the customer relationship.
The actual transfer of funds between financial institutions to complete a card transaction or a batch of transactions. In the BIN Sponsorship context, settlement refers to the daily funding movement from the Programme Manager to Paynetics to cover net scheme obligations.