Payco allows consumers to pay merchants using a virtual card. The virtual card can be used anywhere that accepts Mastercard, and it is accepted in over 200 countries. It's similar to Paypal, but it lets you use your credit or debit card instead of a bank account.

Payco allows merchants to receive payments from consumers in the form of a prepaid debit card. Consumers transfer funds from their bank or credit account into their virtual card account. The funds will then be transferred to the merchant's bank account once the transaction has been verified. 

Payco is accepted at over 1 million locations around the world, including restaurants, bars and grocery stores. It uses cutting-edge technology, including EMV chips embedded in their cards and encrypted transfers, to ensure that all transactions are safe and secure for both consumers and merchants. 

Merchants pay nothing to use Payco as a payment method for their customers' purchases. 

Payco charges consumers a nominal fee each time they use their virtual card to make a purchase online or in person at participating locations.