Historically, ISOs have worked with disparate systems that require making changes that affect funding in multiple places. Human error and inefficiencies result in funds paid that once gone, cannot be recovered. Pioneer allows ISOs to seamlessly control the flow of settlement funds to drastically reduce losses from bad debt and funding errors.
Whether you’re holding merchant batches, setting up a reserve, or collecting chargebacks, every financial change is immediately reflected in the next batch through the central platform of Pioneer. Merchants can easily opt in or out of next day funding. For riskier merchants, easily configure a funding delay on daily batches or chargeback reversals.
Pioneer’s dashboard view provides summary and drilldown detail into every merchant deposit. Pioneer’s customer service view mirrors the merchant’s portal view to facilitate efficient customer service.
Pioneer accounts for all financial activity affecting the settlement account instantly. Once received, deductions such as ACH returns and chargebacks are applied to the merchant’s next daily deposit so that ISOs can be proactive in collection efforts. Pioneer accounts for all interchange categories and every association assessment, ensuring ISOs pass through all baseline costs to merchants and resellers.
As a company created for ISOs by ISOs, Pioneer knows what it takes to manage and mitigate portfolio risk.
Pioneer's platform delivers greater profitability by providing visibility into every revenue and cost item on every processed transaction.
Pioneer incorporates financial accounting best practices to quickly identify and resolve settlement discrepancies.
Real-time reserve management at the merchant level with robust reporting capability. ISOs can seamlessly manage reserve collection and payouts, and provide detailed ledgers to sponsor banks or other third parties.
Fully automated and customizable split funding for payments made to unlimited lenders.
Unlike many financial service companies, Pioneer enables ISOs to manage merchant billing in the way that works best for them within best practices for transparency and accountability.
Pioneer makes it easier for merchant portfolio managers to eliminate costly outside services like statement generation. Cut costs, generate more profits, and focus on sales.
Pioneer puts ISOs in control of how and when merchants are paid, all from one centralized platform.