PayPoint launches enhanced version of its digital payment platform

PayPoint, a UK-based payments firm, has introduced its third generation 'Advanced Payments' platform for mobile and online merchants.

PayPoint launches enhanced version of its digital payment platform

imed to address the needs of fast-growing businesses, the platform includes two flagship products, Cashier and CardLock as well as CardLock PCI plugin, a fully PCI outsourced iOS and Android Mobile SDK.

Cashier, a fully hosted solution, eliminates PCI DSS security responsibility, while CardLock allows API merchants to retain control of their overall payments experience and invisibly intercept card data and reduce PCI scope.

In addition, the Advanced Payments platform comprises PayCash, a simple API which can turn any online or mobile checkout into a cash transaction from any of PayPoint’s 28,000 UK retailers, EmailPay, a payments collection tool and PayPoint’s real-time risk management control panel called FraudGuard.

It also includes PayPoint’s new Intelligent Reporting product group, which enables users to drag and drop to create their own reports inclusive of custom merchant data, whilst transaction monitors provide true real-time analysis by streaming data live to users’ desktops.

PayPoint product and strategy director Rob Fernandes said: “Advanced Payments marks the culmination of years of planning and addresses client feedback and our own innovation wish-list. In particular, we wanted to end the conflict businesses face when choosing between outsourcing payments to address security compliance, or maintaining control over their consumer experience.”

PayPoint mobile and online managing director Dan Salmons said: “We’ve made it so much easier to build payments around what a merchant actually wants. Businesses can explore our new technology immediately via developer documentation and explorer accounts on our company website.”

PayPoint Mobile and Online processes over £4.5bn in payments annually from over 100m transactions.