No-Credit-Check Working Capital: Access Up to $1,000,000 with Payyit
Introduction
Payyit empowers businesses with an all-in-one platform for creating invoices, accepting bank and credit card payments, and managing bookkeeping.
Payyit also offers access to up to $1,000,000 in working capital, in partnership with one of our trusted banking partners. This financial solution is designed to help businesses manage cash flow efficiently, invest in growth, and navigate financial challenges effePopularOverview of Low-Risk Industries Supported by Payyit
The following are the Merchant Category Codes (MCCs) and the respective industries that are categorized as low risk at Payyit. These industries are known for their stable revenue streams and lower chargeback rates, making them ideal for a variety of payment processing solutions.
4121 Taxicabs and Limousines
4215 Courier Services – Air or Ground, FreightFew readersUnderstanding MATCH (Member Alert to Control High-risk Merchants)
Understanding MATCH (Member Alert to Control High-risk Merchants)
What is MATCH?
MATCH, or Member Alert to Control High-risk Merchants, is a system developed by MasterCard, also known as the "Terminated Merchant File" (TMF). It is utilized by payment processors and acquiring banks to identify merchants who have been terminated for cause by other acquiring banks. Merchants may be included in this list due to reasons such as fraud, excessive chargebacks, legal violations, or non-complianFew readersManaging Multiple Businesses with One Payyit Account
Welcome to Payyit! If you’re an entrepreneur or a business owner with multiple business ventures, Payyit makes it easy for you to manage all your businesses through a single account. This guide will walk you through the steps to add and manage multiple businesses under one Payyit login.
Step 1: Create Your Initial Business Account
Before you can add multiple businesses, you need to set up your Payyit account with your initial business. Just follow the standard sign-up process:
Visit the PFew readersUnderstanding and Combatting Chargebacks with Payyit’s Chargeback Insurance
Introduction:
Chargebacks, although intended to protect consumers from unauthorized transactions and unmet service standards, pose substantial risks to the financial stability of businesses. This article delves into the nature of chargebacks and discusses how Payyit's Chargeback Insurance, especially against fraudulent disputes, can help businesses effectively manage these financial risks.
What is a Chargeback?
A chargeback is a reversal of a transaction, initiated by the cardholder's bFew readersProhibited Industries and Merchant Types for Payyit
Prohibited Industries and Merchant Types
Businesses accepting upfront payments for services or products delivered beyond one year from the purchase date.
2. Age-Restricted Products
Merchants selling producFew readers