Security & compliance

Flow of funds

BioePay is the rail, not the vault.

The most important line for your compliance team: BioePay provides payment-processing access and does not hold or transmit consumer funds. Money moves between the shopper's bank and the retailer's account; BioePay operates the verification, the experience, and the recordkeeping.

Where the money sits

Funds settle from the shopper's bank account to the retailer's account. BioePay is not a custodian of consumer funds and is not positioned as a money transmitter in this flow.

Real-time verification

Every payment is validated at the point of sale against the account, drawing on decades of bank-account verification reaching the great majority of US accounts — the same infrastructure operated by our affiliated payments companies.

Authentication

Enrollment is opt-in and bank-verified. Payment is authorized by a PIN the shopper sets and controls — never shared over text and never the same secret used to log in.

Returns & recovery

Non-sufficient-funds handling and recovery are operated by BioePay, drawing on a licensed recovery operation with a decades-long track record — so the retailer is insulated from the exceptions.

Data

Payment data is first-party to the retailer relationship. BioePay handles account and transaction data under defined access, retention, and protection controls; detailed data-security documentation is available under NDA for vendor review.

Heritage

Fifty years of moving money the careful way.

BioePay is a BioeFunds product, built on affiliated payments and risk operations that have verified and cleared bank-account transactions at the point of sale since the 1970s. This is a mature operation putting a modern experience on proven rails — not a new entrant learning the rules in production.

Since 1978

Bank-account loss prevention at the point of sale.

80%+

Of US bank accounts reachable for verification.

Licensed

Recovery operation handling returns end to end.

Under NDA

Full security, insurance, and licensing documentation for diligence.

Built for the people who clear vendors.

BioePay is the rail, not the vault.

Fifty years of moving money the careful way.

We'll meet your diligence process.