Payment Tools Built for Family-Service Industries

“Must-Pay” industries — education, healthcare, childcare, etc. — have a clear need: They serve families with a variety of unique challenges and financial needs. Pay Theory equips platforms and merchants to serve those needs directly.

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Jump to your industry: Software as a Service

Person using the Pay Theory dashboard

Payment Tools Built for Family-Service Industries

“Must-Pay” industries — education, healthcare, childcare, etc. — have a clear need: They serve families with a variety of unique challenges and financial needs. Pay Theory equips platforms and merchants to serve those needs directly.

Get Started

Jump to your industry: Software as a Service

Person using the Pay Theory dashboard

Who We Serve

With many payment companies on the scene, why Pay Theory? There is a need for a payments company specializing in “Must-Pay” industries — Education, healthcare, childcare, government, and the SaaS companies serving them. A lot of slick payment companies do a great job for small businesses but are difficult to use for family-service industries. Enter: Pay Theory.

SaaS
Software
as a
Service
That's Us →
A woman on the phone.
Merchants
Family
Focused
Services
That's Us →
Image of a teacher in her classroom.

Embedded

We ❤️ developers. Our platform makes it easy for developers to build payments seamlessly into their product, creating experiences customers love.

Inclusive

Pay Theory offers payment solutions that empower you to bring payment inclusivity across the social economic spectrum.

Revshare

If you operate in the B2B2C space, Pay Theory’s payment experts can help you monetize your payments offering.

Get Up & Running

Simplified onboarding gets you processing faster. Use our suite or no-code/low-code to plug-in payments in the places you choose.

Full Suite, Unified

Manage transactions across multiple sources, payment types, and even bank accounts. No need to run separate reports to reconcile or go to different portals for refunds.

Our Full Support

As a Pay Theory merchant, you also get access to live in-person training for you and your team, all for free.

A Payment Solution That Shines

Not all payment solutions are the same. There are core features a payment solution must offer. Below is an overview of our most revolutionary features.

Information Hierarchy

Most payment solutions don’t allow you to see ‘sub-merchants’ information. For example, a school district could see what each school is doing but they wouldn’t be able to see individual transactions. With Pay Theory, they can.

Inclusive Payments

30% of families operate on cash. With Pay Theory, payers select the cash option at checkout. A barcode is sent to them where they can take it to one of the 65,000+ retail partners in our network. They pay the cashier in person and the payment gets reconciled in the back end.

Multiple Bank Accounts

Most payment solutions don’t allow you to associate various bank accounts per client. Now you can, with Pay Theory. This is a huge win for school systems, healthcare systems, and any other complex networks.

Contained Systems

Every Pay Theory client is run on a unique isolated environment, causing their payment solution to be unaffected by other systems. Should one system go down, your system is untouched and keeps running smoothly.

For Our
SaaS Partners

It Keeps
Getting Better

Revshare

Our SaaS partners have the opportunity to share in the payments revenue. That means not only do you get a new feature without the developmental costs, but you get a new revenue generating feature.

Request a Free Revenue Projection

Customization

Adding a payment solution to your software comes with its own unique set of needs and challenges. Where most companies make customization an afterthought, we make it a feature to our payments infrastructure.

Underwriting

Don’t let this be a barrier to offering payments. We work with experts in fields like healthcare, pharmaceuticals, childcare, and more to ensure that we are able to safely and securely underwrite must-pay industries.

“We have used Pay Theory’s services since March 2022 and feel like they have lived up to what they initially claimed; they have been great to work with to ensure our payments reporting is what we need and have found their customer service to be top-notch.”

Veta Durman
Accounts Payable Accountant

What You Should Know

1

Relationship-Based Support
We actively work with you to ensure success.

2

Embedded payments
Customizable payments for any location.

3

Reporting
Create reports and find what you are looking for.

4

Reconciling
Match your owed and due statements.

5

Recurring Payments
Currently only for our SaaS partners

6

Invoicing
Create professional invoices with flexibility

7

Card Readers
A wide range of options for any situation

8

Custom Meta-Data
Take advantage of this incredible flexibility

9

PCI Level 1 Compliance
We pass our security level on to you

10

Inclusive
Cash payments automatically show up in your portal

11

No-Fluff Features
A payments system for industries serving families

12

No-Code Payment URL's
Send payers a link to pay for their bill

Payment Tools Built for
Family-Service Industries

Get Started
Software as a Service    •    Education    •    Healthcare    •    Childcare    •    Child Activities    •    Government

What does must-pay refer to?

Must-pay refers to any industry providing vital services to families. This includes education, healthcare, childcare, child development, and so on.

What does inclusive mean in payments?

Providing only digital payment methods makes paying very challenging for roughly 30% of K-12 families. Visit our inclusive payments page to learn more.

Does Pay Theory accept more than cash payments?

Yes. Along with cash, we accept Visa, Mastercard, Amex (all major cards), and ACH.

What security measures are used to ensure payment information is secure?

We are PCI level 1 complaint. This is the highest security level a company can achieve. When you work with us, our security standards are passed down to you. You can learn more about PCI compliance here.

Am I able to get a sandbox?

Yes. Fill out the form below and we will get you set up.

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