LatPay is a payment processing company that offers customizable payment plans for merchants. It started its activity in 2001 and now it takes leading positions on the Australian, Canadian and British markets. The developers of the team have been developing e-commerce solutions for over 20 years and accumulated much expertise in the field. However, they never stop working over the solutions trying to improve the technologies and customer experience. All payments that are made by customers are accepted via a single hub regardless of the device they use for payment.
The solutions offered by Latpay are absolutely secure and scalable. The flexibility of the platform allows the integration of even the most complicated payment pathways into the business. The company tries to keep abreast of times and offers data tokenization services to merchants globally. The platform with omnichannel technology connects the services from any device on a single platform. With 99.99% uptime, the platform presents robust technical solutions for businessmen looking for security and stability in payment processing.
Benefits of using LatPay
LatPay is a PCI-compliant service that delivers the security of transactions. It employs diverse encryption methodologies including DUKPT (Derived Unique Key Per Transaction), 3DES (Triple Data Encryption Standard), etc.
The service gives access to online billing, history of transactions, and reconciliation. It is easy to control the payment processing operations that are gathered in one place. Using plugins, merchants can accept payments on websites and manage all transactions with a button click!
Merchants don’t need to pay for the setup or work of the admin. The payment processing is performed instantly. The platform supports over 150 currencies. The payments are processed via over 90 local and foreign acquiring banks. The system also supports more than 30 alternative payment methods thus delivering global reach for merchants.
Employing an intuitive checkout experience, the LatPay system encourages repeat purchases. Since each business is unique, the team of the company is ready to customize the package to the individual needs of a merchant. The flexible approach is applied not only at the beginning of cooperation but accompanies merchants along the way. With the expansion of business, the developers adjust the package to the changing needs of the company.
LatPay offers diverse payment solutions to cater to the needs of different business strategies. Three payment plans are offered in the special section of the website. These are standard, enterprise, and custom plans. Standard plans are used for processing volumes up to 50 thousand EUR per month. Businesses with a larger processing volume should select enterprise plans. Custom plans are offered for sophisticated business models. The processing fees vary from 2 to 6% depending on the industry.
How to connect to LatPay
The payment hub supports numerous shopping carts and popular e-commerce solutions. The list of integrations is updated regularly on the official website of the company, keeping the consumers informed about new digital platforms and programs.
The process of signup takes 3 minutes only. Merchants who want to connect their businesses to the payment processing platform should use a form on the official website to contact the team of the service.
