Summary:

B2B is their specialty.  Only Equinox Terminals supported for card present transactions.  Fully CEDP compliant. Batch import, excellent API and integration help.  No additional fees for Level 3.  PV has prebuilt MCC specific product db for merchant to use if integrations are not sufficient


PREFACE: Key things to know before presenting PayVault

  • For merchants that require a physical device, the only equipment options available are the Equinox devices. PayVault does not work with Valor, Pax, or Dejavoo. See list of Equinox options below. NOTE: Check current pricing on the Hardware Pricing Sheet vs quoting the pricing below. 

  • While PayVault is responsive in any web-based browser (laptop, PC, tablet, mobile), there is no PayVault mobile app available.


SECTION I:  Product Overview

  • Invoicing: Yes
  • Recurring Billing: Yes
  • Payment Pages: Yes
  • Scheduled Payments: Yes
  • Send automated reminder to customers for payment: Yes
  • ACH: Yes, via Paya
  • QR Code Payments: No
  • Number of users & cost per user: Unlimited users can be added at no cost
  • Role based permission settings: Yes
  • Card authorization with card vaulting: Yes
  • B2B capabilities: Yes, CEDP compilant interchange optimization pulls from linked product list but also offers MCC specific db's for instant compliance.  No additional processing fees for Level 3 (like some competitors)
  • Text to pay: Yes, feature is available with invoicing
  • Inventory: No. While PayVault does not have inventory capabilities, it can accommodate individual products. Typically, a merchant will use the "product" feature as a way to identify the services that they provide to their customers. Example: If an arborist were using PayVault, "tree trimming" could be listed as a "product" with a fixed dollar amount for the service. 
  • Vault multiple payment methods per customer: Yes
  • Create new customer records upon completing a payment: Yes
  • Fraud controls: Yes
  • Customizable receipts: Yes
  • Methods of payment acceptance: Cash, credit/debit, checks, and ACH
  • Supported pricing models: IC+, compliant surcharge (TSYS), and dual pricing with Paya ACH
  • Multi-location reporting: Yes but limited capabilities. Requires separate MIDs
  • Bulk Upload:  Yes, for batch billing or non-integrated systems.


SECTION II: Hardware and Technology

  • Mobile app companion: No
  • Works with Bluetooth card reader: No
  • Tap to pay: Yes with an Equinox terminal.  No mobile app companion reader.
  • API:  Yes, simple, well designed and internal help to implement
  • 3DS:  Yes, included
  • Optional payment devices: PayVault only works with Equinox Luxe devices. Devices include the Luxe 6200m (wired), the Luxe 6200m (wired + stand), and the Luxe 8500i (touch screen)
  • Compatible software: PayVault integrates to a variety of shopping carts, ERPs, CRMs, & billing software. Click here to view the complete list.


SECTION IV: Resources

  • YouTube video(s): Scott will do a screen recording with overview
  • PayVault website: Do we need some sort of web presence or should this bullet be removed?
  • PayVault Flyer: Current flyer in Navigo highlights the Luxe devices only. We should consider a new flyer with benefits and features
  • Quick Reference Guide: There is currently no QRG for PayVault. Is this something that we should consider?