Who owns Payrix?
Boruch Greenberg, Co-founder and CEO of Payrix, said, “We're excited to have Blue Star and Providence as our first outside investors. Beyond the investment, there is tremendous value in gaining access to teams who have accomplished so much and built global brands in highly competitive markets.
Is Payrix a Payfac?
Payrix is the only payfac as a service platform built by a payment facilitator, exclusively for software platforms and marketplaces.
What is a payment gateway and how does it work?
A payment gateway is the mechanism that reads and transfers payment information from a customer to a merchant's bank account. Its job is to capture the data, ensure funds are available and get a merchant paid. Online, a payment gateway is cloud-based software that connects a customer to the merchant.