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FAQ

FAQ’s

The merchant account statement is needed for a cost-to-cost analysis. This enables us to ensure that your account complies with our compliance policies and we could offer you the best service experience.

The merchant account statement also helps us assess your specific payment processing needs. Based on the data revealed by your merchant account, we then recommend our products and services for personalizing your project experience.

Most banks have tie-ups with payment processing companies like Payor for handling merchant accounts. Therefore, when you work with us, you’re basically skipping the queue and directly working with a verified payment processor.

This helps you cut down on middleman fees, reducing your overall payment expenses. Apart from this, there’s no impact on your relationship with the bank, you can continue transacting the same way as you were before.

We are always trying to get your account operational as quickly as possible. In most cases, the Onboarding Team wouldn’t take more than 72 hours to process your application. This is true when all the necessary paperwork and underlying details have been submitted accurately.

We process your settled transactions within one day. You can expect the funds that have been settled today, to reflect in your account by the next morning. You can always reach out to our support team in case there are any delays.

Our payment handling technology ensures that none of your settlements lag behind and you’re always funded as soon as possible.

For immediate assistance needs, you can directly call our support team at +1 (800) 517-6463

Alternatively, you can contact us over chat support available at our website. Our agents will be there with you as earliest as possible.

Payor employs state of the art technologies to manage sensitive information with our data Vault and intelligent fraud detection. All of the data submitted on the Payor platform is always kept under strong scrutiny to avoid data breaches or loss of Personally Identifiable Information (PII).

Businesses can qualify for funding when they have; personal FICO credit score of 480, 3 months of business transactions and an average minimum of $10,000 in gross monthly revenue in the past three months.

Please raise your specific questions by contacting our support team.