payment infrastructure for fintech institutions

Bring your fintech institution's merchants, agents and payment channels into one operation.

Connect merchants, agents and payment channels with MagicPay. Manage commissions, settlement dates, ledger entries and reconciliation through Payment OS.

Highlights

An approach that fits your needs

Consider business workflows, technical scope and operational requirements together.

01

Unified merchant portfolio

Track applications, agents, products and terminals within the same institution structure.

02

Connected payment channels

Manage virtual POS, physical POS and payment link transactions by merchant reference.

03

Connected financial operations

Link commissions, settlement dates, ledger entries, reconciliation and amounts payable to transactions.

As your fintech business grows, bring new merchants, agent channels and payment products into the same operational structure. MagicPay connects Payment OS, agent infrastructure and payment channels through a shared merchant and transaction model for payment institutions and platform operators. Institution teams follow the journey from application to product activation, while finance follows commissions through to amounts payable. Merchants and agents work with the records they are responsible for, making new connections part of an existing commercial relationship.

Grow your merchant portfolio with connected operations

When a merchant's application, approved product and payment transaction connect to the same institution record, sales and operations can follow the same customer relationship. MagicPay Payment OS brings this structure into institution and merchant portals. Virtual POS, physical POS and payment links remain distinct channels while retaining a shared merchant identity. Teams can introduce a new product within the existing portfolio.

  • Link applications, products and terminals to the same merchant.
  • Manage institution, agent and merchant relationships together.
  • Review payment channels through a shared transaction history.

A connected flow from agent acquisition to merchant use

A merchant acquired by an agent is linked to the correct institution and parent account. Documents, product requests and activation steps follow the same application. Institution teams manage the whole network, agents see their assigned merchants, and merchants access their own products and transactions within their roles. Platform operators use this account structure to bring payment connections into their channel operations, keeping the relationship established by sales visible throughout the operational journey.

One financial trail from commissions to amounts payable

Connect sales, voids and refunds to merchant commissions, bank costs and settlement dates. Double-entry ledger records, reconciliation, reserves and amounts payable let finance work from the same transaction. Operations investigates the provider result while finance follows the basis for the net payout. Refunds stay linked to the original sale, allowing transaction changes to be reviewed alongside commercial records and financial checks.

For institutions, agent networks and platform operators

Designed for payment institutions managing merchant portfolios, institutions growing through agent networks, and fintech platforms operating multiple payment acceptance channels. Payment OS provides the institution's operational foundation, agent infrastructure connects the distribution network, and the gateway brings provider connections together. Product teams position new services while sales and finance work with the same merchant structure, rather than creating a separate operational silo for every product.

Launch your institution model in three steps

Choose an initial group of merchants and prepare institution, agent and channel relationships together. Extend acceptance testing beyond the payment result: follow application, refund, commission and payout entitlement through the same example to validate how teams will work each day.

  • 1. Map institution, agent, merchant and provider accounts to your existing business model.
  • 2. Connect products, channels, roles, commissions and settlement terms to the shared operational structure.
  • 3. Test application, payment acceptance, refunds, reconciliation and payouts together before launch.

MagicPay provides technical infrastructure and operational software. Payment services, merchant onboarding and funds movements are handled by the relevant authorized institutions within their contracts and service scope.

Related solutions and resources

FAQ

Frequently asked questions

Short answers to help you assess the scope.

How does Payment OS support my fintech institution? +

It connects merchant applications, product activation, payment channels and financial operations through shared records. Institution and merchant teams focus on their own responsibilities within the same transaction model.

How are agents connected to merchants? +

Each merchant is linked to the relevant agent and institution account. Applications and product requests follow that relationship; users track their assigned accounts within their role permissions.

How are my platform's existing payment connections used? +

Provider accounts are mapped to merchant and channel relationships. Virtual POS, physical POS and payment links share a transaction model while retaining the product capabilities of existing connections.

How are commissions and amounts payable tracked together? +

Merchant transactions connect to commission, bank cost and settlement records. Finance follows reconciliation, reserves and amounts payable through the same reference to review the basis for each payout.