payPLUS adopts an integrated view of the entire ecosystem of banks, telcos, merchant acquirers, merchants, and consumers
payPLUS empowers merchant partners with a unified payment acceptance platform that enables the acceptance of any payment instrument across multiple channels. payPLUS offers a unified interface for merchants and acquiring entities to manage all instruments, channels and technologies through a single interface.
payPLUS is geared to extract the most out of the recent policy changes with its merchant self-onboarding functionality which significantly lowers the onboarding cost and allows the merchant to start accepting payments by downloading the application.
Who is payPLUS for
A One-stop Shop for All Payment Acceptance Needs
payPLUS empowers merchant partners with a unified payment acceptance platform that enables the acceptance of any payment instrument across multiple channels.
payPLUS for Acquirers
Acquirers need a unified payment interface to manage all payment instruments & channels on a single interface. They can provide their merchants self-onboarding functionality which significantly lowers the cost and allows the merchant to start accepting payments by downloading the application and also provide a Merchant Management, Reconciliation System and value add modules like Invoice payments, Fraud Management system etc.
payPLUS for Merchants
Merchants would need a solution like payPLUS when they are looking to reduce their costs (minimise MDR through smart routing thereby increase success rates), tighten control over UI (by owning a seamless checkout process) and to have the ability to add payment instruments and channels without having dependency on payment gateways apart from providing a Reconciliation System and value add modules like Invoice Payments and more.
payPLUS for PSPs
PSPs would need a solution like payPLUS for their Merchants when they are looking to reduce costs (minimize MDR through smart Routing, increase success rates), tighten control over UI (by owning a seamless checkout process); & to have the ability to add payment instruments without having dependency on payment gateways apart from providing a Reconciliation system and value add modules like “invoice payments”, etc.
Key Features & Benefits
A Flexible and Customizable Offering
payPLUS is built over an extremely flexible and adaptive architecture that allows merchants to configure it to fit businesses of any nature, size, scale and hierarchy.
Complete One-Stop Payment Solution
payPLUS provides the whole 9 yards for acquirers, digital merchants & PSPs including Complete Merchant Management system supporting N-level Hierarchy & paperless on-boarding, payment instrument management system, checkout forms module providing seamless payment presentation layer, fraud management system via partners and more.
Smart Routing
Rules based dynamic Routing system that ensures high success rates at lower MDRs
Invoice Payments
Securely generated web addresses which allow customers to make payments using all of merchant’s supported payment method ranging from cards to NB to Wallets & beyond. This also works for over the counter transactions where customer is present and can also be scheduled by larger merchants for their recurrent customers
Rules Based Reconciliation
Automatic to semi-automatic recon system providing a console to set recon rules at pre-decided frequencies. Recon ranging from, recon between merchant transaction record & PSPs settlement data level to Acquirer’s merchant settlement data to Issuing bank settlement data
REASON TO CHOOSE
Feature-Rich
- Unified payment acceptance platform that supports all forms of payments ranging from cards to bank transfers to wallet to UPIs to govt id based payments on all types of customer channels ranging from an app to web to QR to payment links
- Rules based Routing tools that provided higher success rates at a reduced MDR
- Admin friendly features like invoice link payments, Rules based Recon, New Age merchant management system etc.
REASON TO CHOOSE
Integration
- Readily available payment pages for all payment instruments as web SDKs, APP (IOS & Android) SDKs, OTB Apps & Web portal with supported transactions APIs for all types of payment
- Flexibility to integrate with leading card readers, payment switch, PSPs, other payment provider for wallets & net banking etc.
REASON TO CHOOSE
Faster Time-to-Market
Supports rapid addition of new features without disruption in business operations
50000
Merchants Supported
200
cities and towns covered in India
10000
Wireless Devices Supported
KEY USE CASES
E-commerce
Easy substitute for cash-on-delivery and point-of-sale payment in online businesses. Solve cash handling problem for delivery guys. Alternate Payment options to customer in addition to online portal
KEY USE CASES
Physical Retailers/Freelancers
Business having no app or website but willing to accept online payments. It also help merchants to grow their customer base by selling remotely i.e. merchant agree on a sale by phone or email (including international customers) and get payment through link.
KEY USE CASES
Smart Routing with cost-saving examples
On average, online merchants have five payment processors and four acquiring banks. It may be because one payment gateway does not offer all payment methods or other does not offer cross border payments. These payment gateways have varied costs and success rates. payPlus routing engine routes traffic between multiple payment gateways to a high performing PG, ensuring higher transaction success rate and positive customer experience. It also enables the merchant to achieve cost efficiency by routing the transaction to lower-cost PG.
RELATED RESOURCES
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RECENT AWARDS
India Technology Award (Code Studio 2019)
Comviva won the India Technology Award (Code Studio 2019) in the Best Technology Provider for Financial Technology (FinTech) Services for our PayPLUS Unified Payment Acceptance Solution.
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