SSP offers a unified, omnichannel payment platform (DPA) that combines open‑banking Pay‑By‑Bank, card processing and alternative methods such as cheque, instant transfer and digital wallets. Merchants can accept payments in‑store, online or via remote links with flexible modalities (instant, installment, deferred) on a single interface, while a machine‑learning “Retry” engine automatically redirects failed transactions to increase acceptance rates. The solution also provides financing of installment sales, guarantees against non‑payment, and a real‑time dashboard for secure refunds, fraud monitoring and cash‑flow management.
Funding
$7.1M 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
Merchants often struggle with fragmented payment processes, limited payment method options, and high rates of transaction failures, which lead to abandoned carts, lower average order values, and cash‑flow challenges.
Solution
SSP provides a unified, omnichannel payment platform (DPA) that integrates open‑banking‑based Pay‑By‑Bank solutions, traditional card processing, and alternative methods such as cheque, instant‑transfer, and wallet payments. The platform lets merchants accept payments in‑store, online, or via remote links, offering flexible modalities (instant, installment, deferred) on a single interface. A machine‑learning “Retry” engine automatically re‑routes failed transactions to alternative payment methods, boosting acceptance rates. SSP also offers financing of installment sales and guarantees on cheque and direct‑debit payments, protecting merchants from non‑payment risk while improving cash flow. All transactions are secured under DSP2‑compliant APIs and a real‑time dashboard provides visibility into payments, refunds, and fraud alerts.
Target Audience
Primary customers are merchants and retailers operating online, in‑store, or via remote channels who need a single, secure solution to accept diverse payment methods and reduce transaction failures.
Features
- API‑driven micro‑service architecture for modular integration (SaaS or direct API) across web, mobile, and POS channels
- Multi‑modal payment options: immediate, installment, deferred; supported methods include card, SEPA direct debit, instant transfer, cheque, and digital wallets
- “Retry” engine that automatically retries declined payments with alternative methods using machine‑learning decision logic
- Financing and advance‑of‑funds service for installment sales, with full guarantee against defaults
- Open‑banking‑based payment initiation (AIS/AISP) and account aggregation for secure, low‑friction bank transfers
- Real‑time merchant dashboard with detailed transaction status, fraud detection, and secure refund links with strong authentication
- Compliance with ACPR licensing and DSP2 regulations, including built‑in fraud monitoring and risk‑mapping