Docs
Get Started
Processor Comparison

Processor Comparison

When choosing a processor, consider your onboarding and reporting requirements, the desired merchant experience, and any other operational needs.

If you have questions about processor capabilities, please reach out to .

ℹ️
TSYS is in its beta phase, with the official launch expected in Q4 2024.
TSYSPAYSAFE + FLEX BILLINGPAYSAFE
Processing Capabilities
Online payments
In-person paymentsAvailable in Q4 '24Available in Q4 '24
Bank-to-bank payments (ACH/EFT)
Currencies
USD
CAD
Capabilities
Apple PayIn-person payments only
Platform fees
Card funding typeAvailable in Q4 '24Available in API responseAvailable in API response
Merchant Pricing
Different pricing for Amex payments
Pricing template processing timeInstantInstantUp to 7 business days
Pricing change processing timeImplemented for the following month, if requested before the 12th of the monthInstantUp to 7 business days
Billing Frequency
Daily
Weekly
Monthly
Batch Cutoff Times
Next-day funding (NDF)7:30pm EST4pm EST4pm EST
Standard payout speed2:30am EST12am EST12am EST
Payout Speed
Next-day funding (NDF)DefaultIn beta, requires UW approvalRequires UW approval
T+0High-risk merchantsDefaultRequires UW approval
T+1High-risk merchantsHigh-risk merchantsDefault
Payout Type
Gross payoutsIn beta
Net payouts
Payout Frequency
Daily
Weekly
Monthly
Reporting
Transaction-level fee details
Interchange qualification data
Onboarding
Expected approval timesSame day, unless pended for additional information.
Credit checksA hard credit check will be performed on the application signee. Non-profits are exempt.A credit check may be performed if additional verification is needed.
Agreements and digital signatureMerchant will be prompted to agree and sign their application via email. The email subject will be "Merchant services" and the sender is [email protected]

In-app Docusign flow is currently in beta.

Merchant can agree and sign by clicking to agree in the application.
DocumentsMerchants classified as Charities or Religious Organizations who indicate 501(c)(3) status must upload a 501(c)(3) determination letter to submit their application.Documents are not required to submit the application. However, additional documentation may be requested after submission.
Risk
Funding hold visibilityAvailable in Q4 '24
Funding hold resolutionTSYS will reach out directly to the merchant to resolve the funding hold.Documents will be requested through the Dashboard to resolve the funding hold.
DisputesDisputes can be managed through the Dashboard or API.

Merchants will receive an email notification from Tilled and TSYS. TSYS's email subject will be "Chargeback Notification" and the sender is [email protected].

Disputes can be managed through the Dashboard or API.