Paytently is a payment orchestration platform that utilizes a single API to intelligently route transactions through over 60 acquirers and 200 alternative payment methods, optimizing acceptance rates and minimizing costs with machine learning algorithms. The platform addresses the complexities of payment processing in specialized sectors by providing seamless integration, robust security, and personalized support, enabling businesses to enhance transaction success and customer experience.
Funding
$2.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many businesses face challenges in optimizing their payment processing due to complexities in integrating with multiple acquirers and payment methods, leading to lower acceptance rates and increased costs. Managing diverse payment systems and navigating varying regulatory environments across different markets further complicates the process.
Solution
Paytently offers a payment orchestration platform that simplifies payment processing by providing a single API to access over 60 acquirers and 200 alternative payment methods. The platform uses machine learning algorithms to intelligently route transactions, optimizing acceptance rates and minimizing costs. Paytently's solution includes features such as customizable routing rules, real-time routing strategies, and continuous improvement of acceptance probability models. This allows businesses to streamline payment operations, enhance transaction success, and improve customer experience across various specialized sectors.
Target Audience
Paytently targets businesses across various sectors, including gaming operators, financial institutions, travel companies, e-commerce businesses, and digital entertainment providers, that require efficient and optimized payment processing solutions.
Features
- Single API for integration with over 60 global acquirers and 200+ payment methods, including digital wallets, bank transfers, and crypto payments.
- AI-powered intelligent routing that optimizes transaction acceptance rates and minimizes processing costs.
- Customizable routing rules and real-time routing strategies based on transaction characteristics.
- Recurring payment support with automatic billing and one-click payment options.
- PCI DSS security compliance for secure card processing in over 35 markets.
- Chargeback mitigation and transaction monitoring services to minimize fraud and enhance security.
- Support for various specialized sectors, including gaming, financial services, travel, e-commerce, and digital entertainment.