How does Payhaps ensure every selected reward is paid?
Every reward is funded by Payhaps and backed by a dedicated reserve that the company holds and sizes to its reward exposure. The reward obligation sits with Payhaps, not the merchant, so the merchant is made whole and the reward cost never lands on their brand.
Key facts
- Rewards are funded by Payhaps.
- A dedicated reserve is held by the company.
- The reserve is sized to exposure and grown with volume.
- The funding policy is documented in a company resolution.
- Funding is company-funded with no personal guarantees.