Credit

Is there a credit facility?
No, Paybaks does not offer credit of any kind. Typically, our customers who need a credit facility use a bank line of credit or similar facility.
Thu, 1 Nov, 2018 at 12:10 PM
What percentage of my vendors take credit cards?
We've seen some companies who are able to run 80-90% of their payables through the system, but other companies see a lower percentage. It really depends...
Wed, 27 Feb, 2019 at 7:38 PM
So I get paid when people pay me with a credit card?
No, this is not related to your customers paying you via credit card. Paybaks is a service you use when you pay your invoices to your suppliers. Put anothe...
Thu, 1 Nov, 2018 at 12:11 PM
Do you have to run my credit?
No. We do not offer any credit. The funds are pulled directly from your account via ACH and placed into an FDIC insured account at MetaBank until they are d...
Thu, 1 Nov, 2018 at 12:11 PM