💼 American company🇺🇸 HighRadius launches a B2B payment platform
💼 American company🇺🇸 HighRadius launches a B2B payment platform
…The payment processing fee is reduced by 90%.The solution is an integration of payment gateway, surcharge management and interbank commission optimizer.
🔠 The main feature: compatibility with PCI on all digital channels, supports 150 currencies.
🔠 Optimizer: Usually, when receiving payments with credit cards, companies must pay the processor a change fee that ranges between 1.5% and 3%. This fee varies according to the type of data sent to the processor. The optimizer allows for specific configurations to be set, and subsequently, it will automatically populate any missing data, while also guaranteeing the attainment of the lowest possible exchange commissions.
🔠 Surcharge Management: It is a legally allowed method to transfer part of the total processing cost to the buyer. It operates in real time and the new service complies with regional regulations, which can vary at the state or provincial level, as well as depending on the card brand.
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