Delivering a simplified path to integrated payments with PayFac-as-a-Service

Earth Payment Solutions (“EPS”) is a Merchant Services Payment Facilitator (aka “PayFac”) platform providing credit card acceptance services to small U.S. based businesses. Our unsurpassed terms includes:

All merchant’s pay is a fixed discount rate percentage and a per item fee per each transaction, versus having a variable Interchange costs, which allows merchants to accurately calculate and control their expenses based on monthly volumes.

Traditional Merchant Accounts vs. EPS’s PayFac Solution

Historically, when any merchant applies to accept credit cards, a payments entity will establish for them a solo Merchant Account and issue them a Merchant ID. Under this model, merchants are:

Required to undergo a rigorous underwriting process before getting approved, which entails providing a litany of documentation.
Required to pay a monthly account on file fee.
Subject to a monthly minimum processing volume amount.
Required to be PCI Certified annually which is time consuming entailing a monthly fee.
Subject to a variable rate fluctuation as opposed to a fixed rate making it impossible for merchants to accurately forecast and calculate their transaction costs.

In comparison, PayFac Accounts are an alternative to a traditional merchant account model functioning under a master merchant and sub-merchant business structure, which can best be described as an inter-connected dual merchant model under one umbrella. PayFac’s provide sub-merchants with significant advantages, such as:

Expedited Sign-up Process

Signing up for a PayFac account with EPS is quick and straightforward. The onboarding process is sped up and sub-merchants can start accepting payments immediately. EPS only requires a very basic online application be completed and submitted for immediate approval.

Multiple Payment Options

EPS gives sub-merchants multiple payment methods flexibility for their clients without being subjected to excess costs and hassles of setting up multiple payment gateways and systems.

No PCI Certification Requirements

As a master merchant, EPS is responsible ensuring our platform is PCI compliant, which eliminates the costs and burden of sub-merchants being PCI certified.

In summary, when processing payments with EPS, sub-merchants benefit from a simplified onboarding process, reduced administrative burdens, faster access to payment processing, lower transaction fees, streamlined chargeback management, and access to advanced fraud prevention tools versus having to manage a traditional merchant account directly with a bank, which essentially allows sub-merchants to focus on their core business operations rather than payment processing complexities.

Introducing the first ever split funding solution!

Split funding is ideal for merchants, having affiliate driven business models, who pay out commissions to individuals (called “affiliates”) for promoting their products or services, earning a cut of the sales generated.

Traditionally, when a merchant processes their credit card transactions, all funds minus the processing fees are deposited into a merchant’s single bank account.

Split Funding allows 2 parties involved in a collaborative sale to have a credit card transaction authorized and processed with the proceeds being deposited into two bank accounts simultaneously.

Split funding eliminates any extra manual labor steps and costs when paying out commissions to affiliates.

Our Platform Features

Our Merchant Portal uses SSL to secure login credentials ensuring that sensitive data is kept safe.

Merchants have the convenience of sending a payment link via text messaging to their clients to pay for products and services.

QR code payments gives merchant’s a frictionless, touchless payment option for enhanced client satisfaction and increased sales. Contactless payments on average are at least two times faster than normal payments.

Merchants conducting a credit card sale can either run the Direct Sale or a Pre-Authorization. A Direct Sale is a credit card transaction that has been authorized by a cardholders bank and it is immediately flagged for settlement. Transactions on any given day must be “batched out” by 7pm Eastern Standard Time Monday through Friday, or settlements will push to the next business day. A Pre-Authorization (also “Pre-Auth” or “Authorization Hold”) is a temporary hold on a customer’s credit card that has not been flagged for settlement, which typically lasts around 5 days, or until the post-authorization (or “settlement”) comes through, which is initiated by a Capture input to mark an authorization for settlement.

Merchants have the convenience of sending a payment link via email to their clients to pay for products and services.

Merchants can conduct face-to-face payments on the fly when completing transactions from anywhere by instructing their clients to tap their cards against a merchant’s mobile phone to completes a sale.

Merchants have the ability to pass-along a credit card surcharge fee to a client’s bill when he or she uses a credit card for payment.

View, search, process, refund, and print transactions – all in one place. Our transactions tab automatically displays today’s transactions with a drop-down menu to select transactions for different time frames or specific dates. With our upgraded filter options, merchants are able to enter a wide variety of data points to easily narrow down a search.

Here is what some of our customers are saying:

Earth Payments has greatly simplified our payment processes and there are no hidden fees or surprises. Highly recommended payment service!

We didn't want to go through the hassle of switching at first, but we are so glad we did. Earth payment made the process simple and efficient.

Split funding by Earth Payments is the coolest feature ever. Wow, no more extra manual labor steps and costs paying out commissions to my affiliates.

Earth Payments is a PayFac platform made simple and is easy to navigate for small businesses like mine and I have multiple payment options depending on what works best for my customers.

Get In Touch

Phone
(818) 572-2525 opt 2

Email
support@earthpayments.com

Home