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SOLUTIONS

Lowest Cost for Accepting Cards

Guaranteed with business process not just words

 

Every good sales person says they can save you money on card acceptance fees. So, how is ConnexPay different? Simple….our process fundamentally changes the risk characteristic of your business as perceived by banks. This results in our ability to offer the lowest rates in the market and truly guarantee it.

 

Further, we earn our living on the outgoing payments you make, not on the fees charged for accepting cards allowing us to save you tens of thousands of dollars on card acceptance fees.

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No Credit Limit*

Close up of credit cards forming background

Sound too good to be true? It’s not.

 

Your ConnexPay credit is 100% of your incoming transactions from your customers.  Process a customer’s card today at 2:00 for $450; you immediately can use that $450 to send payments out to end providers and suppliers.

 

The difference between the incoming transaction from your customer and the outgoing payments to the end providers and suppliers is sent to you daily.

* Secured and limited to incoming customer payments.  See customer contract for additional terms and conditions.

More Cash Flow for Growth

Combined acceptance & payment accounts = no reserves & no need to prepay

 

For the same reason that merchant processors charge above market rates to accept cards, they often require reserves to be kept on account to offset risk.  Again, the ConnexPay process eliminates this risk so reserves are not required.  You can take that cash and invest it into growing your business!

 

In addition, many companies need to prepay for card issuance as banks don’t view your financial statements as strong enough to support the risk associated with unsecured credit.  ConnexPay does not require a credit limit so no need to use company cash to prepay for outgoing card payments.

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Simplified Reconciliation

reconciliation

Integrated technology = simple reconciliation

 

Processing thousands of transactions and keeping clean records between payment from your customer and payments to end providers and suppliers costs tens of thousands of dollars.  The ConnexPay process ensures a direct tie between the incoming transaction from your customer and the outgoing transaction(s) to the end provider or supplier.

 

Your ConnexPay account provides real time access to this reconciliation along with daily reports allowing you to focus on generating new business, not reconciling transactions. Better yet, we offset your merchant fees on a monthly basis with the rebate we provide you on making card payments.

Integrated Fraud Protection

Best-in-class security tools engineered to protect your business

 

Our partnership with an award-winning fraud protection system guarantees that you will significantly reduce card fraud that costs companies millions of dollars every year.

 

You are in full control of the rules and tools available to manage fraud. Better yet, these tools are fully integrated to the front end of ConnexPay, so that every card goes through a full review before we even touch it for processing.

fraud-protection

SOLUTIONS

Lowest Cost for Accepting Cards

No future delivery risk = lower cost of acceptance

 

Merchant processors price their services to align with perceived risk in accepting cards. For travel companies, that risk primarily lies in the future delivery of what the traveler purchased.

 

Merchant processors have lost significant money from travel companies accepting payment for travel from customers, not paying for what the traveler purchased up front and then going bankrupt. All travel companies now pay for these losses through higher than market processing costs.

 

The ConnexPay process eliminates this future delivery risk. As such, a ConnexPay merchant services account is less expensive than any other option. We GUARANTEE to beat your current cost of accepting cards.

Unlimited Credit

Sound too good to be true? It’s not.

 

Your ConnexPay credit is 100% of your incoming transactions from your customers.

 

Process a traveler’s card today at 2:00 for $450; you immediately can use that $450 to send payments out to end providers.

 

The difference between the incoming transaction from your customer and the outgoing payments to the end providers is sent to you daily.

More Cash Flow for Growth

Combined acceptance & payment accounts = no reserves & no need to prepay

 

For the same reason that merchant processors charge above market rates to accept cards, they often require reserves to be kept on account to offset risk.  Again, the ConnexPay process eliminates this risk so reserves are not required to offset the future delivery risk.  You can take that cash and invest it into growing your business!

 

In addition, many travel companies need to prepay for card issuance as banks don’t view your financial statements as strong enough to support the risk associated with unsecured credit.

 

ConnexPay gives you UNLIMITED CREDIT so no need to use company cash to prepay for outgoing card payments.

Simplified Reconciliation

Integrated technology = simple reconciliation

 

Processing thousands of transactions and keeping clean records between payment from your travelers and payments to the travel providers costs travel companies tens of thousands of dollars.

 

The ConnexPay process ensures a direct tie between the incoming transaction from your customer and the outgoing transaction(s) to the end provider.

 

Your ConnexPay account provides real time access to this reconciliation along with daily reports allowing you to focus on generating new business, not reconciling transactions. Better yet, we offset your merchant fees on a monthly basis with the rebate we provide you on making card payments.

Integrated Fraud Protection

Best-in-class security tools engineered to protect your business

 

Our partnership with an award-winning fraud protection system guarantees that you will significantly reduce card fraud that costs companies millions of dollars every year.
You are in full control of the rules and tools available to manage fraud. Better yet, these tools are fully integrated to the front end of ConnexPay, so that every card goes through a full review before we even touch it for processing.

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