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Services:
  • Product Engineering

Enabled a Leading Global FinTech Player to Achieve Swift and Seamless Merchant Onboarding with Customized Solutions

FinTech
Posted On: 20 March, 2024

About the Client

Is the #1 merchant acquirer in continental Europe and #4 global player in revenue

Provides world-class payment technology solutions for retailers and online shops

Has onboarded over 1 million merchants and has connections with around 1200 financial institutions

Operates in over 50 countries across the globe

Is among the top 1% of the most sustainable companies across all industries

Makes 5.6 billion card transactions per year

Over 45 years of payment experience

Business Needs

Provide different APIs to ease integration with merchants

Help merchants with solutions that increase revenue by lowering operational costs

Offer merchants omnichannel payment solutions

Provide hassle-free onboarding of new merchants

Improve solutions for low PCI profile merchants

Improve payment completion process at POS

Reduce operational costs for cross-border payments by adding more payment methods

Solutions

Created different APIs to handle payments from merchant domains

Developed a module to process transactions from the payment page

Created multiple connections with other acquirers across different geographical locations

Developed a Dispute Management System for handling disputes

Designed a Payment Page Builder for merchants to create and customize their payment page

Developed a single UI for merchants and operations teams which caters to all types of merchant configurations and TX monitoring

Executed load testing for all merchants

Created a settlement service for merchants to settle payments

Created a smart routing module to route the transactions without any dependency on the merchant

Developed a merchant notification service to notify merchants about every event

 

Business Impact

500 million instant payments processed in a year

2 million+ connected objects

17 billion payment transactions per year attained

99.91% Services Availability Rate achieved

Technology Stack

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Cybage helped a leading global player in swift and seamless signing up of merchants on its platforms with customized solutions_Tech stack
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