We offer three key payment models to suit the needs of our merchants and clients:
1. Acquiring: The Acquiring payment model is designed specifically for businesses that wish to process card payments directly with acquiring banks. Under this model, you sign a contract with PXP, the Acquirer. PXP has agreements with the Card Schemes like Visa, MasterCard, Maestro. We aggregate the funds for transactions processed through these Schemes and transfer them to you in a single Payout on a daily basis.
2. Payment Aggregation: In the aggregation payment model, you sign a contract with PXP, the aggregator. PXP has agreements with multiple payment providers. We aggregate the funds from these providers and transfer them to you in a single payout, typically on a daily or weekly basis.
3. Payment Gateway: In the gateway payment model, you sign contracts directly with each payment provider you wish to use. The payment providers handle the settlement of funds directly with you, and you are responsible for the reconciliation process.