Payment
Flexible payment platform with Virtual POS and PSP integrations
SARP - Payment
Secure and flexible payment infrastructure platform that streamlines collections via Virtual POS and PSP integrations.
SARP - Payment is a platform that provides fast and secure payment facilitation services for businesses. It integrates with Virtual POS and Payment Service Providers (PSP) to streamline collection processes.
It offers payment intermediary services to contracted merchants based on predetermined settlement periods, commission rates, and reserve conditions. With its flexible and reliable infrastructure, it enhances the efficiency of financial operations for businesses. With Payment Facilitator, businesses can manage their payment processes easily, securely, and efficiently.
Features
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Bank Integrations
Supports 3D & Non-3D payments, partial/full refunds, and cancellations.
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Smart Routing
Directs transactions to the lowest-cost bank based on predefined agreements.
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Merchant Onboarding
Automates business partner enrollment with a structured approval workflow.
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Merchant API Access
Provides an API set for merchants to track transactions, earnings, and payouts.
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Settlement & Payout Management
Automates daily earnings calculations and ensures seamless fund transfers.
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Accounting Integration
SAP-enabled module ensures financial data is accurately recorded.
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Transaction Reconciliation
End-of- day reconciliation with banks to verify transaction integrity.
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Backoffice Management
Secure platform for handling approvals, financial workflows, and compliance tracking.
Benefits
Why SARP - Payment?
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Better customer experience
Payment Facilitator ensures a seamless checkout process, enhancing customer satisfaction.
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Optimised transaction flow
Intelligent routing directs transactions to the best-performing provider, minimizing failures.
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Increased scalability
A single API integration enables easy expansion and the addition of new payment options.
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Enhanced security and compliance
Secure data handling and compliance with regulations like PCI DSS, PSD2, and GDPR are ensured.
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Reduced costs
Consolidated payment processing reduces integration and transaction routing expenses.
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Reporting
Centralized data visibility allows merchants to make informed decisions and optimize their payment strategies.
References
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