SDK Examples

Payment Facilitators simplify onboarding and assume risk in exchange for higher transaction fees to merchants. But in the end, the Payfac is similar to the ISO in that both are forwarding transactions to a payment processor for approval, and making just pennies per transaction.

Using Money Fabric's Graphical Money Movement Editor, however, a Payfac could easily provide closed loop processing, include consumer rewards, and increase customer loyalty. An added Money Fabric benefit is the optional collection of sales tax for each transaction. 

The following money movement process flow diagram shows one scenario for processing closed loop payments.  You may use the Money Fabric graphical editor to design this money flow to meet your specific business needs.

Money Fabric will perform real-time double-entry accounting on every virtual account affected by the invoice payment. 

The money movement complexity is dependent upon both your pre-built money movement process, and the level of invoice detail.

All funds are moved in real-time, unless you define a hold on funds until settlement.  Funds that are held up due to settlement are marked as pending.