Ryft is a PSD2-compliant payment platform that automates the funds flow for marketplaces and digital platforms, enabling seamless merchant onboarding and automated payouts. By offering a white-label solution with unified APIs, Ryft allows platforms to efficiently monetize transactions while minimizing manual processes.
Funding
Funding not disclosed
IUFounders
Product
Problem
Marketplaces and digital platforms often face complexities in managing funds flow, merchant onboarding, and automated payouts, requiring significant manual effort and posing challenges in PSD2 compliance. Existing payment solutions may lack the flexibility and white-labeling options needed to efficiently monetize transactions and maintain brand control.
Solution
Ryft provides a PSD2-compliant payment platform designed to automate funds flow for marketplaces and digital platforms, streamlining merchant onboarding and payouts. The platform offers a white-label solution with unified APIs, enabling platforms to efficiently monetize transactions while minimizing manual processes. Ryft handles the entire funds flow, from intake to splitting and merchant payouts, eliminating manual work. The solution supports various marketplace business models, including order & pay, gig economy, eCommerce, and EduTech.
Target Audience
Ryft targets marketplaces and digital platforms across various sectors, including eCommerce, the gig economy, and education technology, seeking to streamline payment processes and monetize transactions efficiently.
Features
- White-label payment solutions for branded payment experiences.
- Unified APIs for rapid time to market and reduced integration costs.
- Automated merchant onboarding and verification, ensuring PSD2 compliance.
- Automated fund splitting and payouts to marketplace vendors.
- Support for major cards, Google Pay, and Apple Pay.
- Built-in fraud detection and 3DS checks for secure transactions.
- Customer authentication to prevent fraud.