Selecting the right type of payment gateway is essential for your business as there are 4 different ways to manage the payment process. Each of them offers its benefits and complexities which we highlight below. 👨💻 Self-hosted gateways As the name suggests, the entire payment process is completed on the merchant’s side. Notice, that this gateway type requires high-security measures and compliance with PCI DSS 🤝 Hosted gateways This means customers will be redirected to the 3rd party payment platform and proceed with payments there 🔗 API-hosted gateways Enable payments directly on your site via an API, ensuring a smooth payment experience 🏛 Local bank integration This means the payment gateway integrates with a local bank’s payment system Choose the payment gateway based on your business size, technical resources, budget, and existing infrastructure. We offer API solution tailored to meet the unique needs of both your businesses and customers. Drop us an email to start accepting payments easily! 💬 info@avadapay.com #PSP #PaymentGateway #Payments #DigitalPayments #PaymentProcessing #B2B #Africa #Fintech
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🔍 Struggling to Find a Suitable Payment Platform? Did you know businesses lose an average of 25% of revenue due to inefficient payment systems? Don't let that be you! Discover our white-label payment platform: 💻 A huge number of important features. Smart routing, multichannel, bulk payments, we've got every feature you need 🔗 Fast integrations. No matter how many payment methods you need, we'll implement them swiftly. Our ecosystem is integrated with mobile money from over 30 MNOs across Africa! 🛡️ Top-notch security. 24/7 transaction monitoring, real-time tokenization, custom fraud prevention parameters, and a configurable risk rules engine 💬 7 days support. We're here for you and your merchants around the clock, ready to assist with any questions or issues Get up and running in days, not months! Book your demo today and experience the difference! 📱 +971 58 683 2480 📤 info@unipesa.com #SaaS #PaymentPlatform #PaymentsProcessing #Payments #DigitalPayments #Fintech #Africa #MEA #B2B #B2BSolution #WhiteLabelSolution
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Co-Founder & Principal Engineer @ Itexus | Seeking Fintech Solutions? 🛠️ | 22 Years in Fintech Industry
Account-to-Account Payments (A2A) on the Rise A2A payments have been around, but they’ve gained new attention with Open Banking and regulated third-party providers. New regulations like the SEPA Payment Account Access Scheme (SPAA) allow EU banks and FinTechs to offer A2A payments through APIs. This means banks and FinTechs can provide direct account-to-account payments and data services. It’s a great benefit for both merchants and consumers. Open Finance data sharing will expand A2A payments even more. It will allow quick payments between different providers. This creates a network of instant payment apps. Strong authentication and standard APIs will make transactions smooth across platforms. How A2A Payments Work: 1/ The payer gives consent to a third-party provider (TPP) to start a payment and shares payment details. 2/ The TPP sends the payment request via an SPAA API with secure customer authentication. 3/ The payer’s bank processes the payment. 4/ The payee’s bank receives the funds. A2A payments are set to make transactions faster, more connected, and simpler for everyone involved! #Innovation #Fintech #Banking #OpenBanking #OpenFinance #API #TPPs #FinancialServices #Payments #DigitalPayments #A2A
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US Merchant Sales & Partnerships at Paysafe | Payments Expert | Helping Businesses Grow with Secure and Scalable Payment Solutions | Assisting with Efficiency & Risk Mitigation
The payments industry is evolving rapidly, especially with the rise of embedded finance and real-time payments. Many businesses are struggling to keep up with the pace of these changes, particularly when it comes to handling increasing fees, complex chargeback management, and outdated technology from their current payment processors. Recent reports show that merchants are increasingly facing challenges with payment declines, chargebacks, and issues related to AI-driven fraud detection. Solutions that integrate emerging technologies, such as mobile wallets and real-time data analytics, are becoming critical for businesses to stay competitive and streamline their payment processes. This is where Paysafe comes in. With innovative payment solutions, businesses can manage these pain points more effectively, reduce costs, and improve overall efficiency. Paysafe’s offerings are designed to help merchants not only navigate these challenges but also seize new opportunities in a fast-paced, digital-first world. If you’re a business owner and want to explore better solutions for your business, DM me to see how we can support your growth with smoother, more secure payment options. #PaymentsIndustry #MerchantServices #Innovation #Paysafe #BusinessGrowth
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True words by our partner Worldline! Discover how Brite's Instant A2A payments powered by #OpenBanking combined with Worldline's Payment Orchestration is changing the game. #account2accountpayments #paymentevolution
Why consider A2A payments? An account-to-account, or A2A payment, refers to a direct funds transfer from one bank account to another. As a result, merchants can eliminate the need for intermediaries, like credit or debit card processors. Benefits of Instant A2A Payments powered by open banking include: 1. Reduced fees 2. More convenient 3. Improved security 4. Increased currency options 5. Enhanced accessibility Brite Payments’ instant A2A payments are powered by open banking infrastructure combined with Worldline Payment Orchestration, offering you all the above benefits. A great solution for your business. Interested? Reach out to Johan Wilin or Jasper Scheffer for more information. #account2accountpayments #openbanking #paymentorchestration
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Looking to update your #FinTech? Here’s how you can spend a day adopting the financial technology tools you need to capture more customer visits and increase sales. ✨ Check out Comerica Merchant Services’ insights from the Worldpay Global Payments Report and learn how to apply them to your business solutions here: https://bit.ly/3YJK4Hd Member FDIC. #ComericaBank #FinancialTechnology #BusinessOwners #ECommerce #ComericaMerchantServices #Payments
How to Spend 1 Day Updating Your FinTech
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Thanks a lot for the shout out Marcel van Oost! The optimization of payment costs is a focus for many finance and payment leaders. Learn how, we at Payrails are improving the cost efficiency for our merchants here: https://lnkd.in/dbpbNJ9q Spoiler alert: 1️⃣ Local Processing with Multi-PSP setup 2️⃣ Enabling on-us processing 3️⃣ Offering local alternative payment methods (#APMs) DM me to learn more about how we solve complex payment problems for merchants! #paymentindustry #paymentsolutions #payments
Processing fees are an unavoidable part of the payment process. To reduce payment processing fees, consider these 3️⃣ strategies: 1️⃣ Collaborate with Multiple Local Acquirers: Engage with various local acquirers to benefit from competitive fees in each market. This can lower costs and enhance profits. Multiple acquirers also provide backup processing options and adapt to unique market needs, improving payment authorization rates and margins. 2️⃣ Implement On-us Processing: This method involves processing transactions through the same bank that issued the card. It reduces fees as transactions don't move between banks, quickens settlement cycles, and increases payment acceptance rates. Additionally, it enables banks to employ advanced fraud detection, reducing fraud and chargebacks. 3️⃣ Adopt Local Alternative Payment Methods (APMs): Local APMs are often more cost-efficient than traditional methods, tapping into lower-cost funding sources. They also cater to customer preferences, potentially increasing sales and reducing abandoned carts. With over 500 APMs globally, offering these options can significantly cut costs and boost margins. I highly recommend reading the complete source article by Vincent Prasetio from Payrails for more interesting info on this topic: https://lnkd.in/exJXwQz5 Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [ 𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁 ] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ] #payments #paytech #digitalpayments #fintech #financialtechnology #fintechindustry
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Processing fees are an unavoidable part of the payment process. To reduce payment processing fees, consider these 3️⃣ strategies: 1️⃣ Collaborate with Multiple Local Acquirers: Engage with various local acquirers to benefit from competitive fees in each market. This can lower costs and enhance profits. Multiple acquirers also provide backup processing options and adapt to unique market needs, improving payment authorization rates and margins. 2️⃣ Implement On-us Processing: This method involves processing transactions through the same bank that issued the card. It reduces fees as transactions don't move between banks, quickens settlement cycles, and increases payment acceptance rates. Additionally, it enables banks to employ advanced fraud detection, reducing fraud and chargebacks. 3️⃣ Adopt Local Alternative Payment Methods (APMs): Local APMs are often more cost-efficient than traditional methods, tapping into lower-cost funding sources. They also cater to customer preferences, potentially increasing sales and reducing abandoned carts. With over 500 APMs globally, offering these options can significantly cut costs and boost margins. I highly recommend reading the complete source article by Vincent Prasetio from Payrails for more interesting info on this topic: https://lnkd.in/exJXwQz5 Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [ 𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁 ] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ] #payments #paytech #digitalpayments #fintech #financialtechnology #fintechindustry
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Looking to update your #FinTech? Here’s how you can spend a day adopting the financial technology tools you need to capture more customer visits and increase sales. ✨ Check out Comerica Merchant Services’ insights from the Worldpay Global Payments Report and learn how to apply them to your business solutions here: https://bit.ly/3YJK4Hd Member FDIC. #ComericaBank #FinancialTechnology #BusinessOwners #ECommerce #ComericaMerchantServices #Payments
How to Spend 1 Day Updating Your FinTech
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Over the past decade, transaction speeds have dramatically improved, driven by growing demand for real-time payments across more regions. The focus now shifts to faster, more seamless cross-border transactions. What key developments led us here? 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝘀𝗵𝗶𝗳𝘁𝘀 The EU's PSD2 and UK’s Faster Payments (2008) opened doors for new payment providers and enabled instant transactions. 𝗚𝗹𝗼𝗯𝗮𝗹 𝗮𝗱𝘃𝗮𝗻𝗰𝗲𝗺𝗲𝗻𝘁𝘀 Countries have introduced real-time payment schemes like SEPA (Europe), FedNow (US), UPI (India), Pix (Brazil), and more. By 2022, there were 64 live schemes globally. 𝗠𝗼𝗿𝗲 𝗽𝗿𝗼𝘃𝗶𝗱𝗲𝗿𝘀 Companies like PayPal, Wise, and Rapyd have stepped up to meet rising demand for instant payments. 𝗖𝗼𝗻𝘁𝗶𝗻𝘂𝗲𝗱 𝗴𝗿𝗼𝘄𝘁𝗵 Real-time, cross-border payments are expanding, especially across Europe. #valanticfsa #payments #automation #instantpayments #paytech #iso20022
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