What is Payrix?

Payrix is a Payment Service Provider in multiple countries, including Australia, New Zealand, the United States of America and the United Kingdom. Wise-Pay has been built with a detailed and comprehensive integration with Payrix which allows service providers to maximise processing efficiency for recurring and on-time invoices.

Payrix offers a number of payment options for each region including:

  • Bank Debit
  • Visa Card
  • Master Card
  • American Express (AMEX)

Using Payrix as a Merchant Provider

A Wise-Pay subscription includes a standard account with Payrix. 

Payrix Rates: Integrated Payment Prices

Configuring Payments via Payrix

To configure your Payrix Merchant, you’ll need to obtain your credentials for Payrix and then setup your Wise-Pay Merchant Account. 

Obtain your credentials for Payrix

Payrix uses a API user name and API password for payment processing. You'll need these credentials to be configured into Wise-Pay to accept payments and here is how you find them.

API keys

To obtain your Merchant ID and API Keys: 

  1. Complete the Payrix Application Process
  2. Complete and return your documents through the Onboarding Dashboard
  3. Obtain the API Keys from the "Welcome to Payrix" email from Payrix

Configure your Wise-Pay Merchant account

Once you have obtained the required credentials, you can configure your Merchant Configuration for Payrix To configure your merchant account, read Merchant Configuration.

Frequently Asked Questions

FAQ - Payrix is not available in my region, what options do I have?

Payrix is our preferred payment provider, we've worked hard to provide the best rates by Partnering with them. In regions where it is not possible to have a Payrix merchant, then we will gladly substitute an alternative provider.

Alternative Payment Providers:

How to Configure Bank Reconciliation Groups for Payrix
Here's how to do it:
  1. Edit your Merchant Settings
  2. Select Settlement Group tab
  3. Update Settlement group values (if required)
  4. Click Save

What is Prepayment Deposit Grouping?

By enabling this feature, Payrix will then settle payments received from the various pre-payment sources into discreet groups based on the source of the transaction ie:

  • ConnectWise Sell
  • iSell (eCommerce)
  • ConnectWise Email Invoice Links (when an invoice has not yet been synced), and
  • Virtual Terminal
What does this mean:

Merchant Administrators will have the following ability:

  • Payments settled to the bank account will be grouped by the Transaction Description set by the source of the transaction.
  • Merchants will receive the funds into their bank accounts settled as total funds grouped by the reference for each payment source.

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