Payva Financing

Last updated: October 3, 2025

Payva is a “Buy Now, Pay Later” (BNPL) payment solution built specifically for sellers on FanBasis. It allows sellers to offer payment plans to customers while still receiving a significant portion of the offer value upfront.

Eligibility

  • Customers:

    • Must be based in the United States.

    • Eligible for payment plans on offers ranging from $500 to $18,000.

    • 600+ credit score needed for approval.

    • If they don't approved, customers get routed for 3, 6, or 12 month installment options which the seller can select.

  • Sellers:

    • Must apply for a Payva account.

    • Assigned a “Seller Level” (Premium, Prime, or Pro) upon approval.

Payout Structure

The initial payout is based on two factors:

Seller Tier

Advance Payout (to Seller)

Max Earnings Cap

Premium

100%

100% - BNPL Fee

Prime

86%

100% - BNPL Fee

Pro

55%

100% - BNPL Fee

Advance = what you get upfront. Max earnings = your total possible after customer completes plan.

The remaining balance is paid out over time as the customer completes their payment plan. The installment plan is fully serviced by Payva.

Balance Payouts

Balance payouts are distributed proportionally as the customer makes payments.

Recourse & Default Policy

  • No Recourse: If the seller maintains a default rate below 3%, they keep all upfront payouts regardless of whether customers default.

  • Net Recourse: If the default rate exceeds 3%, the seller is responsible for repaying only the funded amount minus any principal the customer has already paid.

Seller Application

Sellers can apply for Payva directly through their FanBasis dashboard or directly with their account manager.

  • The application determines the seller's level (Premium, Prime, or Pro).

  • Once approved, sellers can begin offering Payva payment plans with approval rates up to 90%.

Use Case Notes

  • Customers benefit from more flexible financing options.

  • Helps increase overall conversion rates on higher-priced offers.