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HomeUncategorizedAn Acquiring-as-a-Service (Aaas) platform is launched by Paynt

An Acquiring-as-a-Service (Aaas) platform is launched by Paynt

Having been a payment service provider ourselves, we knew the difficulty of onboarding and managing a large client base, especially when you have to handle thousands of merchants. Paynt was born out of frustration with slow and inefficient processes in the payment industry. We’ve made transparency and responsiveness a cornerstone of our approach to reinventing the way business partnerships are created. We bring years of knowledge and state-of-the-art technology to help our partners uncover new revenue streams and grow faster. Together we can see, do and achieve more in serving the merchants better and creating amazing payment experiences.” – Sam Kohli, CEO of Paynt

Paynt, a global payment provider, has released an Acquiring-as-a-Service (AaaS) platform that mixes and automates, through API or interface, capabilities required with the help of using fee carrier vendors to onboard, manage, and hold traders.

This consists of omnichannel fee attractiveness capabilities, real-time reporting of service provider performance, and a heavily-automatic onboarding glide that makes it viable to set off new service provider bills in minutes.

Recognizing the troubles that frequently get up with service provider onboarding. Paynt got down to remedy the problem by using presenting a continuing and automatic glide. The platform affords complete visibility of onboarding bottlenecks, making it smooth to troubleshoot limitations and get traders accredited and accept bills at document speeds.

Paynt is a fully-included international fee answers and infrastructure issuer. Acquiring-as-a-Service is its flagship product, centred mainly on the reseller segment – Independent Sales Organizations (ISOs), Payment Service Providers (PSPs) and Independent Software Vendors (ISVs, however additionally SaaS). These businesses seek additional superior answers to attract, onboard and hold traders, and Paynt’s huge API library makes it viable to personalize the platform’s capability for diverse commercial enterprise requirements.

Paynt has developed out of Paydoo, an acquirer and a conventional fee carrier issuer. While preserving its fee acquirer capabilities, it has advanced a modular platform that streamlines key back-workplace capabilities for extra green stop-to-stop service provider acquisition and management.
Comprehensive real-time reviews make it viable to tune income and sales trends, see in-intensity chargeback data, evaluate transaction and billing details, screen fraud, and examine risks. These insights assist offer advanced service provider carrier and support.

Paynt’s platform is to be had within the EU, and UK and has lately been released within the USA. Paynt is registered as an authorized Electronic Money Institution certified to use The Bank of Lithuania in line with the Electronic Money Directive (2009/110/EC) and Payment Services Directive (PSD 2007/64/EC).

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