Connecting merchants to consumers, businesses to businesses
A payments layer for online shopping used by Adidas, Reebok and Uber. Consumers can purchase in their own currencies without risking personal or financial information. Businesses can transact rapidly, securely and inexpensively.
Delivered to the client as a multi-component system with integrations including APIs for banks, databases and tertiary services, SAP integration, and a web app for payment management and control.
Introducing e-Payment system
The system does not require any personal or
financial data to function, providing protection against identity theft, chargeback and fraud.
Local and cross-border transactions
Language localization to 20+ countries and growing.
Transact locally or cross-border the same way, with no fees or delays.
Transact locally or cross-border the same way, with no fees or delays.
Global multicurrency settlement
Payer pays in their currency. Payee receives payment in
their currency. Automatic currency conversion.
No fraud or chargeback risk
The system does not require any personal or financial data
to function, providing protection against identity theft, chargeback and fraud.
Real-time payment confirmation
Payment confirmation in real time, as required by
industries with time-sensitive inventory allocation. No administrative delays.
Used by:
1.2 million
monthly transactions
300-millisecond
response time
1 million
emails & SMS monthly
380+
banks
180K+
cash collection points
16
countries
Integrated with:
MoneyGram
Western Union
ACH-PSE
PPRO Girogate
La Caixa
PuntoXpress
Funds are securely settled, and the
technology platform guarantees scalability, reliability, efficiency and security.
Payment challenges: insecure, inconvenient, expensive and slow
The payments space typically offers users unintegrated tools that
require sensitive information to function, charge high fees and take too long to process transactions.
The space suffers from:
Poor user experience
Clunky interfaces, confusing terms and conditions, low
customer satisfaction.
Cash and FX management issues
Hard to use, with opaque rules and all risk borne by the
user.
Inconvenience
Move money manually between tools, waiting for confirmation
and entering information and passwords.
Reliability
Poorly-architected payment systems crash, glitch or refuse
transactions, eroding trust and forcing use of multiple systems.
Security deficits
Fintech is the fastest-growing cybercrime target. Many
payments tools lack adequate basic safeguards.
Privacy is forgotten
Data use policies are unclear. Data is shared with third
parties, sold or stored unprotected.
High costs
Pay for each transaction. Pay for membership. Fees are
high, complex and inescapable.
Scalability
Will your customers and suppliers use the same payment
network? Yes — if it’s scalable as well as effective.
There was a
clear market need for a payments product that was the opposite: easy to use, low-cost, rapid and secure.
Creating e-Payment system
e-Payment system solves the major problems with the space, delivering a
seamless, intuitive experience that’s consumer-friendly and backed by a suite of communication, security
and privacy features that support business use.
Lightpoint built e-Payment system with:
1 Fullstack Team Lead, 7 Fullstack Developers, 1 Front-end Dev, 1
Automation QA, 4 QA
Backend
ASP.NET (WebForms, WebAPI, MVC, Core), Identity Server Core, OAuth2, SOAP Web Services, Windows services, SignalR, Redis, Quartz, Topshelf, TCP sockets, Dapper, Entity Framework, IoC (Autofac, Simple Injector), SSRS, SSIS
Database
MS SQL Server
Frontend
Knockout, Angular
Results
Payment system delivered to client as multi-component,
multi-integration tool including web app and APIs for banks, databases and third-party services.
Currency conversions, commission calculations and account payments to customers are included and the
product is integrated with SAP, allowing for automated workflows that reduce human labor and potential
error.
Users can:
- Receive bank transfers
- Collect cash payments
- Enable other non-card local payment methods
- Receive real-time confirmation
- Achieve reconciliation
- 0% fraud or chargebacks
- Access e-Payment system with a single integration
- Get access to the e-Payment system Payment Network with a single integration
Ready to talk about a similar solution for your business?
Get in touch with us at:
