Tech
features

Streamline online payments to numerous recipients effortlessly, offering a comfortable and user-friendly method for both payers and recipients. Our service simplifies interactions with clients and partners, backed by FolowPaytech's PCI-certified payment gateway, which enhances security and minimizes the risks of fraud and other security concerns. Managing recurring payments t o multiple recipients has never been more straightforward and efficient.

Effortlessly disburse payments to any number of recipients with just one click. This approach not only saves a substantial amount of time but also significantly reduces costs, all while ensuring ease, speed, and security in the process.

Sequential payment handling, also referred to as cascade billing, minimizes financial losses resulting from unsuccessful transactions, typically accounting for 5-10 percent of total payments. In the event of a primary institution failure, reserve acquirer banks can make several successive authorization attempts for the same payment. This process eliminates the need for the payer to re-enter payment details and appears as a single payment attempt, reducing risks and losses associated with transaction failures.

Automated subscription billing empowers merchants to automatically withdraw funds from a customer's account at regular intervals for the continuous provision of goods and services. With the customer's consent, a predetermined amount is automatically deducted at specified intervals until the subscription expires or the customer revokes permission. This system streamlines invoicing and payment processes, enhancing customer relations and reducing manual work.

The instant payment option enables customers to conveniently make purchases with their bank cards, eliminating the need to input full payment details. After users initially enter their payment information, subsequent transactions can be completed with just a single click. Rest assured, we prioritize user data security at all times. The one-click payment method streamlines the payment process to just a few seconds, making it particularly advantageous for businesses with a significant base of returning customers.

Split payment distribution automates the division and simultaneous crediting of payment amounts to multiple recipients' accounts. This technology is highly favored by organizations with numerous partners or intermediary platforms.

For businesses involving multiple contractors in their operations, payments can be promptly disbursed to these parties right after client payments are received. This minimizes the likelihood of problems arising from delayed payments or misunderstandings among partners.

Tokenization is a security practice that involves replacing Cardholder Data (CHD) with randomly generated symbols, rendering it one of the most effective security technologies available. With tokenization, digital transactions can be conducted online securely, as each token is unique and of no value if stolen, eliminating the risk of replication.