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Modernising the payment industry through a radical simplification of merchant payment acceptance and data management.
About
It’s an agile payments orchestration platform that quickly resolves numerous costly issues faced by merchants seeking to navigate a fast-moving and fragmented payment environment. Having demonstrated a material return-on-investment to initial customers, the service is rapidly becoming a definitive solution for merchants and service providers globally. The technology harmonises previously disparate payment, fraud, identity and other vendors (such as Stripe, Paypal, Worldpay, etc.). It does this through a single, simple system, while also satisfying mandatory compliance, security, technical and other functional needs. It eliminates the complexity and costs associated with managing vendors and allows merchants to focus on core business. The service is Level 1 PCI-DSS compliant, easy to consume, and transparent to the payee. It sits in the merchant’s website or mobile app and can be deployed in as little as an afternoon.
Key Benefits
An independent assessment of the value of the service in current customer environments have concluded observations of a 40% increase in payment method uptake and an overall 850% ROI in their use of the platform. The main benefits of the platform are: 1) Reduced technical overheads. - By accessing unlimited numbers of payment services via a single API. Eradicate the cost and time wasted on integrating each gateway individually along with unexpected surprises prolific in the sector. 2) Increase revenue. - The merchants can finally accommodate payment options that were previously avoided due to clunky APIs and lack of features and/or security gaps. This provides more choice to the customer resulting in higher conversion rates. 3) Minified transaction costs. - Optimising transaction costs can save merchants substantial money overnight. 4) Redundant processing and fail-over safety. - Residing at the heart of the services promise to merchants, the platforms vault eradicates legacy single-provider limitations. This feature enables merchants to remain agile, secure and have full freedom to manage their payments ecosystem. Instead of consumer card details being locked in the vendor’s vault, the merchant has the benefit of access, control and optionality with processing vendors. 5) SaaS billing to lift revenue. - A sophisticated recurring payments engine under the hood allows merchants to manage one-off and recurring payments via a single layer. By blurring the line of single-payment and sophisticated recurring commerce, the platform has introduced a new paradigm. 6) Future proofed compressing risk and opportunity. - Merchants rest safe in the knowledge that their payment strategy is always future-proofed, aware that they’ll enjoy access to any future payment service they see fit for their purpose. 7) Significant reduction in payments administration costs. - Merchants achieve a substantial compression in all costs associated with their payment’s administration, simply by being able to see, manage, control and audit their entire transaction suite via the platform’s dashboard. No more multiple portals, juggling CSV and excel files. The platforms elegant reporting API ensures that a merchant has a complete transactional and event history across its entire payment ecosystem.
Applications
B2B Platforms (i.e. Receipt Bank, Design my Night etc), Travel, Retail and Not-for-Profit.