Radar Payments is a top payment processor, developed to serve financial institutions, PSPs, acquiring, financial and tech companies, etc. The facility also delivers advisory services for its clients. Trying to introduce breakthrough technologies to the system, developers of the in-house team came up with a unified platform for payments processing. It covers the most popular payment methods.
The company behind the project is BPC, which is a famous fintech company headquartered in Switzerland. It organizes payment processing in over 100 countries. Over a thousand employees work for the company, serving users in Asia, Africa, Middle East, both Americas, and European countries, and performing full end to end transactions.
Radar Payments highlights
The platform offers highly demanded services for merchants, which include merchant acquiring, card management, ATM service, etc. The team develops services that add value to the solution. It refers, for instance, to such things as fraud prevention, authentication procedures for better security, and tokenization that improves user experience. It makes the facility more convenient and safe for clients.
Popular payment methods include such systems as UnionPay, Discover, MasterCard, Amex, Visa, Diners, AirPlus and many others. It is possible to accept payments from debit/credit cards, prepaid cards, alternative wallets and systems, etc. Besides, users can employ ApplePay, GooglePay, SamsungPay, WeChat, PayPal, Alipay. The platform supports all currencies so this is a right choice when the company plans global expansion.
Much is done on the platform to stop fraudsters and safeguard users. For instance, it is possible to use such things as IP geolocation, geography, validation, and purchase history for the security of the platform’s members. Modern technologies employed by Radar Payments also contribute to the security such as device fingerprinting, Verified by Visa, MasterCard SecureCode technologies, and some others. The system also employs black and white lists, risk scoring, limits on transactions, and other things.
Benefits of the system
- Numerous payment methods;
- Support of all currencies;
- Global coverage;
- Effective fraud prevention;
- Comprehensive security protection
The charge is taken for initialization of the system and then the fee is charged “per transaction”. The amount is not specified on the website, so it is recommended to apply to the team to learn more about it.
The creation of payment infrastructure is a challenging task that took many years. Much time was spent on transformation and connection of existing facilities. Then separate organizations merged together to become a single hub that includes comprehensive data now. The organizations that used to be separated before were responsible for different tasks. But being the links of one chain they were connected to form a single entity. This is how Radar Payments was formed.
This is a facility with sophisticated structure and architecture that can perform many challenging tasks. It evolved into a single ecosystem that can handle them all now without effort. The core of the infrastructure helps to accumulate the whole expertise to serve users and make the system smoother. Since all processes are centrally controlled, the processes are adjusted entirely to provide the best result. The platform also offers a white label solution which allows a business owner or a brand to process payments using their official name while using third-party services. In this way, a company puts its logo on the customized solution. The features of the system also include such things as creation of direct payment pages. There are numerous features for better and easier processing of transactions as well.