ATLANTA, July 9, 2018 /PRNewswire/ --
The founders of PayCertify are pleased to announce that they are teaming up with QPS (Quatrro Processing Services Inc.) to release a revolutionary, completely customizable virtual credit card issuing platform for merchants. Called INCENTAPAY, it will be available to PayCertify's customers starting July, 2018.
To learn more about PayCertify and the services that they offer, please visit www.paycertify.com
Chase Harmer, President and CEO - PayCertify noted that the collaboration means INCENTAPAY will be the first product of its kind to hit the market. Besides the customizable issuing platform, it will have an extensive and unrivalled list of backend analytics available to card issuers, including a fee rebate program that can save large merchants millions in annual processing costs.
"INCENTAPAY will be ideal for large e-commerce merchants who have customers, who may be either budgeting to pay for a high ticket product online, or are looking for an incentive or subsidy on their purchase, and offer those customers a reward to take advantage of an immediate offer at the point of sale," Chase Harmer, President and CEO - PayCertify, adding that INCENTAPAY will also be ideal for travel and hospitality merchants who normally would rely on a bank to issue a credit card and then have issuers send the customers a card in the mail for them to use at a later date.
"Now, merchants will be able to work with issuers, to be able to immediately issue a virtual credit card to their customer that is ready to be immediately used, and the issuing card will be made immediately available as the payment source of choice in the customer's mobile wallet."
"The virtual credit card issued will be the payment method of choice on the cardholder's phone, instantly making the issuer the most accessible and prominent payment option for that customer, ready for instant use. The customer's virtual card will be able to create and carry a balance and continue to be usable before the physical card is ever even shipped to them," Chase Harmer, President and CEO noted.
"This latest launch is one of the many initiatives taken by QPS to come out with innovative services in the payments space that is relevant and tremendous value addition to customers and partners," said Sriram Natarajan, QPS President.
This is a revolutionary way for issuers to acquire cusotmers, as well as be able to offer immediate cash rebates, and market through PayCertify's and their partners' mobile subscriber channels, giving merchants targetable access to more than 100 million mobile subscribers.
"The ability to leverage other merchants, as well as there being no cost to create the virtual cards, or the need to manufacture the card, are just some of the additional benefits," Chase Harmer, President and CEO noted.
Merchants will also be able to easily offer branded cards and incentives, like immediate points or cash rebates, that customers can use instantly as an incentive to purchase. All this is done through the digital wallet on a customer's smart phone.
INCENTAPAY will be available to all users of PayCertify's merchant processing and fraud prevention ecosystem beginning in July 2018.
PayCertify helps merchants to process 'card not present' transactions. They are known worldwide for their outstanding services and solutions for ecommerce merchants, travel merchants, high risk merchant processing, and retail merchants. PayCertify's CEO Chase Harmer has been seen on Yahoo Finance, CBS, ABC, NBC, FOX News, NASDAQ and Forbes.
For more information, please visit www.paycertify.com.
Quatrro Processing Services is a leading payment processing and FinTech services provider serving a diverse and dynamic client base of global financial institutions and technology partners. QPS' President Sriram Natarajan leads a core team of seasoned experts experienced in bridging the gap between finance and technology, delivering some of the most intelligtent anti fraud strategies, and enabling their customers to achieve minimal member disruption and maximum ROI.
To know more about QPS, please visit www.qpsinternational.com
For more information please contact:
President and COO - Quatrro Processing Services Inc.
Vice President - Quatrro Processing Services Inc.
President and CEO - PayCertify
SOURCE QPS - A Quatrro Company