GS Logo
The Green Sheet, Inc

Please Log in

A Thing
View Archives

View flipbook of this issue

Care to Share?

Table of Contents

Lead Story

Helping merchants thrive during holiday season 2017


Industry Update

News Briefs


Five rules of working with creatives

Dale S. Laszig
DSL Direct LLC


Street SmartsSM:
The sale of a portfolio

Steven Feldshuh
Merchants' Choice Payment Solutions East

What if a regulator says you are an MSB?

Theodore F. Monroe
Attorney at Law

Make merchants love you - and avoid litigation

Jake Greenberg
Ehrenstein Charbonneau Calderin

Five-step plan for cross-selling to merchants

Barry Davis

Company Profile

National Benefit Programs LLC

New Products

Full-service payment platform for merchant aggregators

Payrix LLC


Become a believer


Letter from the editors

Resource Guide


A Bigger Thing

The Green Sheet Online Edition

October 23, 2017  •  Issue 17:10:02

previous next

New Products

Full-service payment platform for merchant aggregators

Product: Payrix

Payrix LLC, established in 2015 and headquartered in Hollywood, Fla., has created a payment facilitation platform designed to enhance, simplify and automate numerous tasks related to merchant account aggregation and acquiring. Company founders Benny Silberstein and Boruch Greenberg saw a need for a strong, agile platform capable of supporting numerous aggregator models and use cases, and thus devised a flexible, scalable framework and technology stack. Payrix uses artificial intelligence and automated technologies to enhance payment processing tasks, from risk assessment and anomaly detection to account on-boarding and regulatory compliance. Embedding payments into intelligent business platforms helps service providers reduce complexity and scale their companies, the company noted.

"Payrix brings white label payfac technology to ISOs and app developers that allows them to stay focused on their products without worrying about payment technology," stated Payrix co-founder Benny Silberstein. "We built it from A to Z without relying on rails or gateways; this enables our partners to integrate with third party service providers without depending on them." "I chose to work with Payrix rather than build my payfac platform from scratch," added Lawrence Pross, Managing Member at Taxi Charge LLC. "It reduced costs and time-to-market, and improved efficiencies by facilitating payments from taxi fleets instead of individual drivers."

Supports all aggregators

The Payrix platform is built to support a variety of business models and use cases. Following are several examples:

Multi-tiered resources, support

Payrix provides modern APIs for clients and merchants, and brandable products for payment facilitators. The company's multi-layered support services include the following resources: Contact:

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

previous next

Spotlight Innovators:

North American Bancard | USAePay | Board Studios