Pay Theory focuses on what we call “Must Pay”—industries people must access whether or not they have the money. Government is at the forefront of the Must Pay list. We are building payments not for the needs of retail or eCommerce but for the unique challenges of government.
Receive payments both online and in person, integrate financial services, enable tailored revenue strategies, and grow a more profitable platform that services 100% of your merchant's users.
Embedding payments with Pay Theory gives you the opportunity to thoughtfully craft integrated user experiences.
Pay Theory’s Inclusive Payments tool is a simple way to allow your merchants the ability to pay with cash without your organization taking on the liability of cash handling.
Keep payment methods on file and increase recurring revenue. We’ll tokenize all the sensitive information to keep data secure and shield you from compliance requirements.
Create professional invoices and manage payments using software built specifically for must-pay industries — so you can spend your energy where it matters.
There are different ways to approach building a checkout experience. We’ve created a solid and secure system that gets you up and running quickly. It’s easy to integrate and delivers all around better user experiences.
Make your revenue operations predictable and scalable with PayTheory’s Recurring Payments. Easily create subscriptions, payment plans, and securely capture card-on-file payments.
Pay Theory offers three classes of tech wrapped in one solution: Functionality designed specifically for government, hard-to-find features, and standard features you'd expect from a payments company.
Accept card, ACH, and cash! Digital payment solutions have made paying with cash a real problem. We work with what we call “must-pay services” to help remove barriers between families and organizations by providing payments solution built for everyone.
Most payment solutions don’t allow you to see ‘sub-merchants’ information. For example, a school district could see what each location is doing but they wouldn’t be able to see individual transactions. With Pay Theory, they can.
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.
Don’t let this be a barrier to offering payments. Our expertise ensures we are able to safely and securely underwrite your must-pay merchants.
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 governmental systems and all complex networks.
Create A-ha moments by combining your data models with Pay Theory’s data models.
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.
More than a form! We break down implementation into 4 sections; Financial Solutions, Technical Success, Team Training, Payments Go-To-Market.
Enhances transaction detail and eligibility for lower interchange rates with Level 2 and Level 3 processing.
Pay Theory focuses on what we call “Must Pay”—industries people must access whether or not they have the money. Government is at the forefront of the Must Pay list. We are building payments not for the needs of retail or eCommerce but for the unique challenges of government.
Pay Theory supports Level 2 and Level 3 processing for eligible commercial and government card transactions. Other providers with documented Level 3 capabilities include Fiserv, Braintree, and Elavon. Level 3 qualification depends on the card network, merchant category, processor configuration, and accuracy of the enhanced transaction data submitted.
Level 2 and Level 3 processing add enhanced data to eligible commercial, corporate, and government card transactions. Level 2 typically includes tax and customer or invoice information. Level 3 adds detailed line-item data such as product descriptions, quantities, unit prices, discounts, and freight. For eligible transactions, enhanced data can improve reconciliation and may qualify the transaction for lower interchange costs.
A government agency accepts permit and fee payments by embedding payments directly into the software it already uses, so residents can pay online or in person without a separate portal. With Pay Theory, agencies and the platforms that serve them can accept card and ACH, take cash through remote cash acceptance, store payment methods with card-on-file, send invoices, and set up recurring payments. An information hierarchy lets agencies view activity across sub-merchants and down to individual transactions, and Level 2 and Level 3 processing can lower interchange costs on eligible government card transactions. Everything is built for must-pay services rather than retail or eCommerce.
