Compliant Escrow & Payment Servicing
Bee Pay holds consumer payments in trust for businesses that cannot legally charge a fee until the work is done — a sister product of MCA Track under Unity FI Solutions. Formerly Payment Automation Network.
Escrow for performance-based services
Two ways money moves
MCA Track services funded deals, where the advance is already out and the remittance is yours when it clears. A different rule applies when a customer is paying toward an outcome that has not been delivered yet.
| Funded MCA deals | Performance-based services | |
|---|---|---|
| Money is | Already earned | Not yet earned |
| Who holds it | You | A third-party trust account |
| Governed by | NACHA rules | FTC TSR 310.4(a)(5), CROA |
| Released when | It clears | The work is complete |
| Handled by | Your ACH processor | Bee Pay |
What Bee Pay does
Everything a performance-based provider needs to collect compliantly and get paid when the rules allow.
Common questions about Bee Pay
Collect compliantly with Bee Pay
If your business collects toward a result you have not delivered yet, federal rules require escrow. Bee Pay handles the trust accounting, drafting and disbursement.
About Bee Pay
Bee Pay provides compliant escrow and payment servicing for debt settlement, debt validation, credit repair, student loan document preparation, tax resolution and timeshare cancellation companies. Formerly Payment Automation Network, Inc., it is operated by Unity FI Solutions LLC, headquartered in Charlotte, NC. Learn more at gobeepay.com.
Related: GoBeePay.com · CRM Integrations · Compliance · ACH Processing · MCA CRM