Mass payments
Mass online payments provide a seamless method for effortlessly disbursing payments to
multiple recipients, ensuring convenience for both payers and recipients alike. With IdeaPayments'
PCI-certified payment gateway, security concerns and fraud risks are minimized, simplifying interactions
with clients and partners.
Managing recurring payments to numerous recipients is now simpler and faster than ever. Make payouts to
multiple recipients in just one click, saving valuable time and resources. It's the perfect blend of
convenience, speed, and security!
Cascade processing
Cascade processing, sometimes known as cascade billing, is a tactic aimed at reducing losses linked to failed transactions, which usually constitute 5-10 percent of total payments. If an initial payment attempt fails with the primary financial institution, backup acquirer banks initiate multiple successive authorization attempts for the same payment. The advantage is that the payer doesn't need to re-enter payment details, perceiving it as a single payment attempt.
Recurring payments
Recurring payments enable merchants to automatically withdraw funds from a customer's account at set intervals, ensuring uninterrupted access to goods or services. With customer permission, a predetermined amount is deducted automatically until the subscription ends or the authorization is revoked. This streamlined process automates invoicing and payments, fostering better customer relationships and reducing manual efforts.
One-click payments
One-click payments simplify the purchasing experience by eliminating the need to re-enter complete payment details. After users input their payment information initially, subsequent transactions can be completed with just a single click. We prioritize user information security throughout the process. This swift and secure method condenses the payment process to mere seconds, offering substantial benefits for businesses serving a significant base of recurring customers.
Payment splitting
Payment splitting is an innovative technology that efficiently distributes and credits payment amounts
to multiple recipients at the same time. This feature is highly valued by organizations collaborating
with several partners or intermediate platforms.
In businesses where multiple contractors are involved, timely disbursal of payments following client
transactions is crucial. This minimizes the risk of complications due to delays and reduces
misunderstandings between partners, ultimately fostering smoother and more efficient business
operations.
Tokenization
Tokenization is a security method that replaces Cardholder Data (CHD) with randomly generated or algorithmically created symbols. It's among the most robust security technologies. By using tokenization, online transactions achieve an exceptional level of security. Each token is unique, rendering it worthless if stolen, preventing any unauthorized replication or misuse.