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What is Thought Machine?

Many financial organizations seek to improve their technological services for clients, but they encounter obstacles due to antiquated systems and technologies. These banks often allocate significant resources merely to sustain existing operations, as the costs involved in implementing changes are considerable, further exacerbated by elevated operational expenses resulting from the absence of process automation. Thought Machine is poised to initiate a revolutionary shift in banking with its cutting-edge solution. Vault, a sophisticated cloud-native core banking engine, has been meticulously crafted from the ground up to prioritize a cloud-first philosophy, entirely free from the constraints of legacy systems. Created exclusively by Thought Machine, Vault guarantees smooth integration thanks to its cohesive design framework. With a microservice architecture centered around APIs, Vault offers an extensive array of functionalities crucial for banking operations and enables additional services from both banks and third-party providers to connect via its APIs. This contemporary strategy not only boosts operational efficiency but also sets the stage for ongoing innovations within the banking industry, fostering a more agile and responsive financial ecosystem. As a result, banks utilizing Vault can better adapt to the evolving demands of their customers and the marketplace.

What is PayerVault?

PayerVault provides a powerful platform that enables businesses and entrepreneurs, regardless of size, to easily establish and expand their online operations. Our user-friendly interface is equipped with everything necessary to thrive in the ecommerce landscape. Key Features Include: Intuitive Website Builder: No technical skills necessary! Use our drag-and-drop functionality to design and personalize an attractive online store. PayerVault seamlessly integrates payment processing, allowing for secure acceptance of all major payment methods while efficiently managing payouts, fees, and transactions. Streamlined Delivery: Select from various self-fulfillment options or partner with well-known delivery services to ensure timely shipping and keep your customers updated on their order status. Comprehensive KYC Suite: Quickly verify your customers' identities using their PAN Card, Aadhaar Card details, bank account information, driving license, and more, enhancing trust and reducing fraud. Actionable Analytics: Obtain insightful information regarding your business's performance by examining detailed reports on sales and customer behavior, which can guide your strategic decisions and foster growth. With PayerVault, you can confidently navigate the competitive ecommerce market.

Media

Media

No images available

Integrations Supported

Onfido

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

4.9% per transaction

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
On-Site Training

Company Facts

Organization Name

Thought Machine

Date Founded

2014

Company Location

United Kingdom

Company Website

thoughtmachine.net

Company Facts

Organization Name

Corplustech

Date Founded

2023

Company Location

India

Company Website

payervault.com

Categories and Features

Banking

Not specified

Categories and Features

B2B eCommerce

Not specified

eCommerce

Not specified

Payment Gateways

Not specified

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