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Ratings and Reviews 0 Ratings
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FlexPayA significant challenge persists in the payment landscape, amounting to a staggering trillion-dollar issue: subscription recurring payments fail approximately 24% of the time. This high failure rate stems from inherent flaws in a payment system designed primarily for one-time transactions rather than ongoing subscriptions. FlexPay, an innovative FinTech startup, addresses this challenge by assisting merchants in retaining more subscribers through the recovery of failed credit card transactions related to recurring payments, thereby recapturing revenue that would have otherwise been lost. Businesses that rely on recurring payments often face systemic issues within the payment ecosystem, leading to an average rejection rate of one out of every four transactions, with a troubling two-thirds of these rejections being false declines—payments that should have been approved. By leveraging artificial intelligence to enhance payment processes, the FlexPay platform develops tailored recovery strategies for each transaction, resulting in remarkable approval rates. With its INVISIBLE RECOVERY™ feature, FlexPay engages directly with the payments infrastructure to ensure that customers remain unaware of any payment failures. This approach stands out as the quickest and most effective method for recovering soft declines. Overall, FlexPay not only helps businesses retain their subscribers but also enhances their overall revenue potential.
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What is Latitude?
Safeguard your brand's reputation and cultivate customer loyalty by implementing fast and secure payment systems for refunds and payouts. Traditional refund methods, such as paper checks, can be inefficient and slow, making it difficult to address customer issues promptly. A recent study by Emplifi revealed that over 80% of customers may abandon a brand after experiencing just two negative interactions, highlighting the crucial need for effective payment systems between businesses and consumers. Quick and hassle-free refunds, reimbursements, and other financial transactions are vital for maintaining customer satisfaction and protecting your brand’s reputation. Latitude provides a sophisticated software solution designed to simplify complex refund procedures, corporate distributions, reimbursements, and various payouts. Our innovative full-service workflow solution streamlines the entire B2C payments process, effectively eliminating manual delays. By accelerating the refund procedure, it enhances the customer experience while also offering significant cost savings for your business. Consequently, embracing a modern payment solution is not just advantageous but essential for any brand aspiring to succeed in a competitive landscape. In doing so, businesses can ensure they meet and exceed customer expectations consistently.
What is Currencycloud?
Currencycloud provides international expertise to enhance your business endeavors, allowing you to confidently navigate future challenges. Their all-encompassing services cover every aspect necessary for global money transfers, featuring virtual wallets, named accounts, and effective management of multi-currency payments. By optimizing operations in a varied currency environment, Currencycloud ensures swift access to virtual accounts for companies, facilitating the effortless collection, conversion, payment, and oversight of multiple currencies from any part of the world. This strong foundation for cross-border and multi-currency transactions is crafted to ignite the imagination of developers. Designed by developers with developers in mind, it rests on a dependable platform that streamlines the launch of financial services for entrepreneurs, aids traditional banks in their innovation efforts, and backs the top digital challengers of the present. Become part of the broad array of clients who are reaping the benefits of Currencycloud's dynamic solutions, and explore how they can enhance your financial processes. With Currencycloud, financial transactions not only become more accessible and efficient but also open doors to new opportunities in the global marketplace. Their innovative approach ensures that you can remain competitive in an ever-evolving financial landscape.
Integrations Supported
Canopus EpaySuite
Elcoin Automated Banking System
Kapa99
Kluster
Macrobank Core Banking Software
Mastercard Payment Gateway Services
MoneyGram
Sila
The Bancorp
Trusek
Integrations Supported
Canopus EpaySuite
Elcoin Automated Banking System
Kapa99
Kluster
Macrobank Core Banking Software
Mastercard Payment Gateway Services
MoneyGram
Sila
The Bancorp
Trusek
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
Brightwell
Date Founded
2001
Company Location
United States
Company Website
www.brightwell.com/latitude
Company Facts
Organization Name
Currencycloud
Company Location
United Kingdom
Company Website
www.currencycloud.com
Categories and Features
Categories and Features
Payment Processing
ACH Check Transactions
Bitcoin Compatible
Debit Card Support
Gift Card Management
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture