How It Works For You?
avoid interest
build business credit
manage cash flow
grow operating capital
save for large purchases
avoid big end of month bills
A Visa business credit card that helps manage cash flow, increases working capital & builds business credit
How It Works
Accept Card Payments
It works through your existing payment processor, adding funds with every sale
Settlement Splits
Daily sales settlements divide between the card and your bank account
Set Percentage
Determine how much of each batch settlement goes to the card, from 10% to 100%
Increase Spending Power
Build unlimited working capital with every daily settlement
FAQ
How does this increase my spending power?
Every day, a percentage of your daily credit card sales settlements are applied to any purchases made with your Payvus card. If you spend beyond the funds accumulated, you’ll automatically access your card’s credit line. If you spend less, your sales settlement funds save over as a credit on your account for future spending
How does this help me avoid big end of month bills and interest fees?
If you spend less than the sales settlements accrued to your card during a billing period, you’ll never have to make a payment or pay interest. If you do access your credit line, you won’t be assessed interest if the outstanding balance is repaid through daily settlements before the end of the billing cycle
Do I have to change my credit card processor?
We work with your existing processor – you continue to accept card payments from customers, as usual
How much credit will I qualify for?
Your credit limit will be determined during the application process and ranges up to $10,000. This credit is unsecured and requires no personal guarantee
How long will it take to receive my card?
You’ll receive your Payvus Visa Business card within 5 – 7 business days of the approval notification email
When can I start using my card?
As soon as your first daily sales settlement is automatically transferred to your account, you may begin using your card
Can I make payments in addition to my automatic daily settlements?
You can make payments to your account through the portal at any time or by calling the number on the back of your card
Can I change the percentage being settled to my account?
You choose the sales-funded percent that’s right for your business. If at any time you wish to change the percentage, log in to your account and adjust the settings on the home page
How can I check my balance?
Real-time balances are always available in the portal
How can I increase my credit line?
After 90 days, you’re welcome to contact your merchant services provider to begin the review process
Can I transfer funds from my Payvus account to my business checking account?
To transfer funds from your checking account, simply log in to the portal and just transfer funds
What is the APR for unpaid credit purchases made with the card?
The Payvus Visa Business card APR is 22.49% (15.49 + prime), and never below 18.99%
This credit card program is issued by Cross River Bank, pursuant to a license from Visa