What is Phixius
Phixius is a platform for securely exchanging payment-related information utilizing technology and rules within a network of credentialed service providers.
Phixius simplifies the pre-payment and post-payment information exchange processes between businesses, allowing for a fast, simple, and standard end-to-end transactional experience.
Phixius leverages blockchain and distributed ledger technology to reduce fraud and risk.
Credentials organizations have the flexibility to use Phixius services to meet customer goals and strategies, for example:
- Reduced check volume
- B2B directory services (e.g., vendor and customer master automation)
- B2B invoicing/request for payment and C2B bill presentment
- Account validation
How it Works
Phixius, enables authorized access to “out of network” data sources via standardized APIs.
Credentialed organizations connect directly to the platform to provide access and services to business and consumer customers
Credentialed organizations are vetted by Nacha and governed by Nacha created rules
Information shared via Phixius comes directly from the network of credentialed organizations; there is no data centralization
Services supported by Phixius are based on APIs agreed to by industry stakeholders -- including those by Afinis