Launch Your Own Payfac—Without the Cost or Complexity
Becoming a Payfac used to cost millions. VersioPay makes it simple.
Embed payments, onboard users fast, and stay compliant. You get full control without the cost or complexity.
Connect directly to the networks—no aggregators, no layers, no markup from third parties. Keep more of what you earn and get faster, more reliable service.
VersioPay helps you grow faster, keep more revenue, and launch with confidence.
PayFac-As-A-Service
Why a PayFac?
Because owning your payments is better than renting them.
There’s no more integrated way to handle payments than with VersioPay.
When you connect to VersioPay’s PayFac platform, you get the same power the big banks and processors offer, but with a partner who actually understands your business.
The Old Way
Traditional merchant processing puts your business at the mercy of third-party providers. You send your customers off to someone else’s system, follow their rules, and pay their fees—while they control the experience and keep most of the revenue.
The New Way
Becoming a PayFac flips that model. You own the experience, control the flow of funds, and tap into a powerful new revenue stream by embedding payments into your platform.
Here’s how it works
Every payment has two sides. First, verifying and approving the transaction. Second, moving the money where it needs to go. VersioPay handles both—directly. Our platform collects the transaction details, gets approval, and then moves the funds to the right parties. No gateways. No hidden layers. No third, fourth, or fifth parties tacking on extra fees.
And when it comes to reconciliation? We match every transaction down to the penny. That means no guesswork, no plug numbers, and no digging through reports to figure out where the money went.
See below for a full breakdown of what’s included in our PayFac-as-a-Service platform.
PayFac-As-A-Service
Easy Onboarding
Becoming a merchant shouldn’t be hard
Fast merchant onboarding
Merchants can sign up and start processing in minutes. No complex paperwork, just a clean, simple flow designed to get them up and running fast.
Automatic compliance checks
We handle KYC, AML, underwriting, TIN validation, and OFAC screening automatically. This helps your customers stay protected from compliance issues and avoid costly penalties.
PayFac-As-A-Service
Simple Funding
Deposits and reconciliation made easy
Automated & audited deposits
We generate detailed deposit receipts and statements that match every funded transaction. Reconciliation is faster, easier, and fully transparent.
Same-day funding available
For customers who need fast access to their money, we offer funding as soon as the same day.
PayFac-As-A-Service
Split Pay Capabilities
Move money instantly
Pull fees and charges automatically
Take your fees directly from each transaction. No manual invoicing and no follow-ups. It’s a simple way to get paid faster and keep cash flow steady, while giving your customers the option to pass through admin fees if needed.
Pay multiple parties from one transaction
Split a single payment between your business, partners, or vendors. It’s seamless for you and ensures everyone gets paid—automatically and on time.
PayFac-As-A-Service
Easy Integration
We’re developers so we understand how important the integration process is. With detailed documentation and an easy to follow API, getting setup with VersioPay has never been easier. Get integrated in days, not months.
Fast API setup in days, not months
Most payment providers take months to integrate. With VersioPay’s clear docs and flexible APIs, you can go live in days, not weeks, without burning dev hours.
Dedicated Support and Solution Engineers
Our solution engineers work with your team from day one. You won’t need to overhaul your systems or add extra headcount just to get started.
Launch customer-friendly features fast
Offer the payment features your users expect—without a long development cycle. Our platform helps you roll out updates quickly and stay competitive.
Full-featured gateway built in
Accept all major payment types with a gateway that’s secure, proven, and ready to scale. As your needs grow, our platform grows with you—no migrations or rebuilds required.
DASHBOARDS
Complete Dashboard Platform
Custom dashboards and reporting
Track everything across locations, teams, and business units. Our dashboards give you full transaction details and flexible reporting tools you can tailor to your needs.
Chargeback support with detailed data
Our platform gives you the right transaction details to back up every dispute. With accurate categorization and clear records, your customers have a better chance of winning chargebacks and avoiding downgrade fees.
PayFac-As-A-Service
Turn your costs into revenue
Share in the savings
We offer two ways to reduce your processing costs. You can run payments through a custom-built Payfac solution or use our master Payfac system with your brand front and center. Either way, we lower the transaction fees and share the savings with you.