Payments Infrastructure
Phyziro
Payments Infrastructure
Common questions about our platform.
We use end-to-end encryption and other modern security practices to ensure that your data is encrypted in-transit and at rest.
No, forgetting or losing your encryption key means that your encrypted data cannot be accessed.
PCI-DSS, GDPR EU 2016/679 , HIPAA, EU-US Privacy Shield Framework and the Swiss-US Privacy Shield Framework and SSAE-16 compliance protocols.
No. Data may be exfiltrated by malicious actors, rouge employees or socially engineered employees. To maintian the highest level of security we do not perform data migrations or provide features that allow our users to download data. If you our your organization stores records or uses our platform in a manner non-compliant with your industry's: regulations, laws, and/or other requirements; you and your organization may be responsible for any lapses in compliance. We streamline the process of compliance by providing a platform that is compliant with the highest standards of security and privacy, therefore the former should not be required.
Get Started CompliantlyPlease refer to our Privacy Policy for more information.
That depends. For all services realted to payment processing: we do not work with foreign owners who have a U.S. based business, unless the U.S. entity is ancillary to the primary foreign entity. This ensures that the U.S. entity is not the primary entity, but rather a subsidiary of the foreign entity; lessening the likliehood that the client is attempting to engage in tax evasion, fraud, money laundering and/or any other illicit and suspicious activity that we are required to legally report. Learn more by reading our anti-money-laundering poilicy.
Entities established in the U.S. as the primary business entity for foreign owner(s) make it easier for the foreign owner(s) to engage in: money laundering activities, terrorism financing, tax evasion, fraud, and/or other financial crimes to be disgused under the guise of a legitimate business in the U.S.
For instance, a foreign owner may establish a U.S. entity as the primary entity with the intent to pay no U.S based taxes, hold the money in a valid U.S. bank account, and then smurf money into their respective country in such a manner to avoid detection so that they may avoid paying taxes on the money; and, infintely create new U.S. entities to avoid detection, as needed.
For the reasons stated above, we recommend that all foreign owners who desire to use our PSP (payment processing services) have a primary business entity established within their home country (that is the country of which the foreign owner is a citizen) and that the U.S. entity be a subsidy of the primary foreign entity. These entities and their owners may be subject to a higher level of transparency and reporting requirements, to ensure that they are not engaging in illicit and suspicious activity's.
Phyziro's WebFlows are designed for comprehensive automation across various business functions. You can automate repetitive tasks such as data entry, report generation, email campaigns, customer support responses, social media posting, and lead nurturing. WebFlows can also integrate with your existing systems to streamline workflows, manage inventory, process orders, and handle financial reconciliations. Our platform is highly flexible, allowing you to create custom automations tailored to your specific operational needs, freeing up your team to focus on strategic initiatives.
Get Started CompliantlyWhen you use our software, you are granted a revocable license. This means you have permission to use the software under specific terms and conditions, but ownership remains with us. The license can be withdrawn under certain circumstances as outlined in our comprehensive Terms of Service.
Yes, our services can be white-labeled. This grants users a revocable license to use our services in accordance with our Terms of Service. Clients are responsible for ensuring their use complies with all applicable industry laws, rules, and regulations.