In the dynamic realm of online transactions, choosing the right payment solution can be a game-changer for businesses. This article delves into the world of advanced payment services offered by Praxis Tech, a payment orchestration software company founded in 2014. We will explore how Praxis Tech, with its innovative products like Praxis Cashier, Praxis Direct, and Hosted Payment Fields, can optimize your payment architecture, providing a superior checkout experience and robust solutions for smart routing, risk reduction, and compliance.
Praxis Tech’s Advanced Payment Services:
1. Optimize Your Payment Architecture with Praxis:
Praxis Tech stands out as a leader in payment orchestration, offering advanced, reliable, and transparent payment services. Whether you are a merchant or a payment service provider (PSP), Praxis Tech provides tailored solutions to power your payments and enhance your business.
2. A Superior Checkout Experience:
Praxis Tech encourages businesses to “Think global, act local.” The key to increasing sales lies in expanding your global reach, and Praxis Tech makes this possible with seamless payments in every market. The fully customizable and localized checkout solution ensures a superior experience for both merchants and customers, leading to increased revenues.
3. Smart Routing for Credit Card Transactions:
Meeting customers where they are is crucial for reducing churn and turnover. Praxis Tech’s payment flow tools, including smart routing, decline recovery, and one-click payments, go beyond localization to enhance the customer experience. These innovations ensure that businesses can optimize credit card transactions and minimize friction in the payment process.
4. Streamlining Risk and Fraud Reduction:
Navigating the complex landscape of fraud management services can be challenging. Praxis Tech, however, simplifies this process by offering customizable risk profiles executed across all payment transactions. This streamlined approach enhances risk prevention and fraud reduction for businesses.
5. PCI and GDPR Compliance:
Staying compliant with PCI and GDPR standards is crucial in the payments landscape. Praxis Tech takes on the burden of compliance, allowing businesses to focus on driving growth. With Praxis Tech, you can ensure that your business is in line with the latest regulations, minimizing the risk of penalties and disruptions.
6. Your White Label Solution:
For businesses built on payments, having a robust payments infrastructure is essential. Praxis Tech offers a complete White Label solution for PSPs, ensuring the right mix of technology, commercial relationships, compliance, and legal aspects. This comprehensive solution sets the foundation for businesses to thrive in the digital payments landscape.
7. Fast Processor Integrations:
Praxis Tech accelerates time to market with fast processor integrations. Businesses gain instant access to the world’s leading digital payment services through Praxis Tech’s solution. The platform allows the addition of virtually any payment provider or method without the need for additional integration work, providing unprecedented flexibility.
Praxis Tech: Empowering Businesses Through Integration Modes:
As a payment technology company, Praxis Tech provides the infrastructure for merchants to accept payments and conduct payouts without participating in the transaction itself or handling client funds or information. To cater to the diverse needs of its clients, Praxis Tech offers three distinctive products – each representing a different mode of integration into the Praxis ecosystem.
8. Praxis Cashier: A Robust Infrastructure:
Praxis Cashier serves as a robust infrastructure, empowering merchants to accept payments and conduct payouts securely. Notably, it distinguishes itself by not participating in the transaction itself, ensuring the security of client funds and information.
9. Praxis Direct: Direct Integration for Efficiency:
Praxis Direct offers businesses a direct and efficient integration mode into the Praxis ecosystem. This product streamlines the payment process, providing a seamless experience for both merchants and customers alike.
10. Hosted Payment Fields (HPF): Elevated Security and Reliability:
Hosted Payment Fields (HPF) represents a unique entryway into Praxis Tech’s ecosystem. Offering a hosted environment for payment fields, HPF enhances the security and reliability of online transactions.
Try Praxis Tech for Yourself:
11. Are You a Merchant? Try our Praxis Cashier Demo:
Merchants can create customizable, modular payments pages tailored by geography, currency, customer, or virtually any other parameter. This demo showcases the versatility and user-friendly nature of Praxis Cashier.
12. Are You a PSP? Try Integrating with Praxis:
For Payment Service Providers, integrating with Praxis is a simple and easy process. Become a provider to hundreds of merchants through a straightforward integration process.
13. Get Connected! Try our Praxis Direct API Demo:
With a fast and direct integration to the Praxis API, businesses can access endless payment solutions without the need to replace their existing cashier.
In conclusion, Praxis Tech emerges as a powerhouse in the world of advanced payment solutions. From optimizing payment architecture to providing a superior checkout experience, smart routing, risk reduction, and compliance, Praxis Tech offers a comprehensive suite of services for businesses navigating the complexities of online transactions. Whether you are a merchant looking to expand globally or a PSP seeking efficient integration, Praxis Tech stands as a reliable partner, empowering businesses to thrive in the ever-evolving landscape of digital payments.