Resumen
PaybyMe is a payment provider that combines acquiring, virtual and physical POS, and recurring subscription billing. One provider covers in-store sales, website payments and automatic monthly charges.
What is included
- virtual POS for accepting cards on a website or in an app;
- physical POS terminals for stores;
- acquiring, settling card revenue to the merchant's account;
- subscription payment collection.
Virtual and physical POS
A virtual POS is the software equivalent of a terminal: the buyer enters card details online and the provider processes the payment just as it would at a till. A physical terminal is needed where customers pay in person. With both channels at one acquirer, revenue and reports sit in one place.
Subscriptions
Recurring charges help online services, gyms, schools and media, anyone who bills for access on a schedule. The customer saves a card once and later payments go through automatically.
Terms
PaybyMe does not publish its pricing, settlement times, countries of operation or terminal costs. They are provided after the application is reviewed.
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