Live Payments and Payrix are both in the Financial Services category. Live Payments appears on bank statements in more ways (11 variations).
Live Payments is an Australian payment service provider offering EFTPOS terminals, online and virtual payment gateways, and other merchant services to small and medium businesses, including taxi, hospitality, and retail sectors across Australia.
Payrix is a payment facilitation (PayFac-as-a-Service) platform that enables software companies to embed and manage payment processing within their applications. The 'MerchPayout SV9T' descriptor typically refers to Payrix-managed payouts or disbursements between Payrix and a merchant’s bank account.
| Aspect | Live Payments | Payrix |
|---|---|---|
| Number of statement variations | 11 codes | 10 codes |
| Category | Financial Services | Financial Services |
| Typical code format | asterisk separator, numeric codes, avg 34 chars | hash identifiers, numeric codes, avg 50 chars |
| Location in code | Often included | Rarely included |
| Average code length | 34 characters | 50 characters |
| Website | livepayments.com | payrix.com |
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