This section provides an overview of how transactions are processed on the Payrix Pro platform. Each transaction moves through a series of stages that ensures a payment is authorized, captured, settled, and funded to the merchant’s account.
View the following articles to learn how different transaction types and statuses reflect a payment’s progression through each stage of the processing flow:
A PayFac-as-a-service platform. Software companies can act as payment facilitators without taking on the associated risks, compliance burdens, and investment.