Sofia, Bulgaria, July 1st, 2024,
FinanceWire
Paytiko is a payments management
platform that unifies online payment flows from multiple providers
into a single, seamless connection. This streamlines payment
processes, reducing the stress and complexities of managing
numerous payment providers. The team's innovative solutions,
advanced technology, user-friendly experience, and deep
understanding of the payments landscape across various regions give
us a competitive edge.
New Features and Benefits
Pay By Link: Revolutionizing Invoicing
One of Paytiko's most innovative additions is the Pay By Link
feature, which transforms how merchants issue direct
payment invoices. This feature allows the creation of payment links
tied to a payment provider within our ecosystem, enabling customers
and suppliers to make payments without needing to download an
application. This simplifies the entire payment process. When the
payment link is clicked, users are redirected to a secure
platform-specific link where they can enter the payment amount.
This not only enhances convenience but also ensures transaction
security, as phone numbers or account details are not displayed,
providing complete protection for both the receiver and the
sender.
Smart Routing: Ensuring Transaction
Success
The Smart Routing system is another game-changing feature
designed to improve transaction approval rates. It redirects
payment declines to fallback providers for approval without
disrupting the end-client experience. This sophisticated system
works seamlessly with our 250+ credit card processors, including
new ones added monthly. By selecting the fastest processing paths,
Smart Routing reduces latency, ensuring quick and successful
transactions. This is crucial for businesses requiring speedy
transaction processing, reducing the risk of abandoned carts due to
unsuccessful transactions or lengthy checkout processes.
Sticky PSPs: Customization for Efficiency
Paytiko's Sticky PSPs feature allows merchants to assign
preferred payment processors and methods to specific clients. This
customization enables businesses to select processors based on
regional preferences, ensuring faster checkout processes for
consumers who are presented with familiar and reliable payment
options. This feature enhances client satisfaction and boosts
potential business revenue by ensuring smooth and efficient
transactions.
User-Friendly Interface: PSP Selection and Fee
Calculator
The platform's new user interface (UI) with PSP Selection offers
a user-friendly plug-and-play connectivity interface. Merchants can
easily select relevant payment providers to optimize their payment
flows, simplifying the integration of multiple providers and
allowing for customized payment processes.
The Fee Calculator is another valuable tool that allows
businesses to pre-set and validate fees charged by each connected
payment provider. This tool can be configured with a few easy
clicks, selecting the type of fee, charged amount, timeframe, and
creating a fee template that incorporates all relevant fees.
Comprehensive Reporting and
Reconciliation
Paytiko provides businesses with efficient ways to review all
payment actions and maintain accurate records through comprehensive
Reporting and Reconciliation capabilities. The Reconciliation Tool
allows merchants to map and reconcile raw data from each payment
provider according to relevant parameters with full transparency.
This data can be generated from an external back office or received
in an Excel sheet.
Expansion to Dubai
Paytiko has taken a significant
step in expanding its presence in the Middle East by opening a new
office in Dubai. Strategically located at Floor 12-35WF+Q99 -
Thuraya Telecommunications Tower, P.O. Box 283333, Next to Byblos
Hotel, Al Thanayah - 1, TECOM C - Sheikh Zayed Rd - Barsha Heights,
Dubai, United Arab Emirates, this office positions Paytiko as a hub
for innovation and collaboration in the region.
The Dubai office has been operational for over a year and has
recently seen significant growth, including the onboarding of a
team of sales and fintech-oriented experts with proven experience
in their respective sectors. The client base in the region is
growing at a rate of 50% each month, highlighting our capabilities
and success in the market.
Paytiko is making waves in the fintech landscape by introducing
a range of innovative solutions, including their proprietary
technology and user-friendly experience. The team's deep
understanding of the payment environment and global expansion
efforts aim to provide core payment technology and systematic
transaction routing. Paytiko continuously strive to optimize their
services, offering clients the best payment options, transforming
the payments technology market, and equipping businesses with the
tools needed to thrive in an increasingly digital world.
In recognition of our advancements, Paytiko was
awarded the title of "Most Advanced Payment Orchestration Platform
Europe 2024," solidifying our position as a leader in the
industry.
To read more about Paytiko, user can go to About Us page
Contact
PR
Roxana
Torres
Paytiko
roxana.t@paytiko.com