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Fintech News for Payments professionals

Acquired.com adds API driven Faster Payments to tech platform

Source: Acquired.com

Acquired.com believes that there is a great opportunity to unlock hidden value in your payments ecosystem, which is why they are always evolving their platform to innovate around the changing payments landscape and their customers needs.

The latest phase of evolution is a first for payments platforms.

Acquired.com has added an API driven Faster Payments solution that will allow your business to pay out to customers (and accounts payable) in a matter of seconds, report back on the outcome as successful, pending or unsuccessful - something legacy solutions simply cannot achieve. The solution is available as an independent API or as an added service in the Acquired.com environment, adding pay out capability to the platform will enable Acquired.com customers to have a single platform for their payments. The user experience has been carefully designed to provide a world class banking experience - features include auto top up of accounts, alarms, additional account creation and recipient notifications to name just a few. Adding this service to your payment infrastructure means one less technology partner in the value chain and with our award-winning technical team you’ll get a more streamlined and simple integration.

This new offering reinforces Acquired.com’s core belief that there is valuable data in the way people transact, data that used correctly will reduce risk, friction and cost. Acquired.com strives to deliver technologies custom designed to unlock business insights hidden in the payment lifecycle, helping customers do better business.

“The team at Acquired.com implemented the Faster Payments solution as a request from us, their ability to build out critical solutions for our business is remarkable. The results have been game changing for us not only in savings, but in a deeper data understanding and transparency, helping build better relationships with our clients.”
Peter Kimpton, COO Western Circle T/A Cashfloat - cashfloat.co.uk

Key Benefits

API Driven - Push funds to your customers account and receive real-time confirmation that the money is on its way - all via a simple API call. This enables Acquired.com customers to trigger an email or text alert to notify their customers’ that funds will be arriving shortly.

Richer Data - Enables Acquired.com’s customers to identify payment failures and return faster responses, resulting in better conversions with customers you may previously have lost at checkout. Reducing back office processes like customer service calls requesting updates on their funds, management of failed payments and dispute management events. Collectively these benefits vastly improve customer satisfaction and build on engagement levels.

Full Reporting - The Acquired.com Hub (Acquired.com’s backend administration and reporting portal) gives customers a complete view of the payment lifecycle, view both the initial pay out and the associated repayment through our platform. This process helps simplify, automate and streamline internal operations freeing up time to focus on their core business.

Easy Integration - The Acquired.com Faster Payment solution is simple to integrate into your current infrastructure, resulting in less disruption to your business. Acquired.com’s operations team will guide your team through a swift and straightforward integration and are easily accessible to answer any questions or queries.

“Our state-of-the-art solution was built with our merchants needs at the forefront of the design. Once integrated, the Acquired.com platform with the new Faster Payments features gives our customers a combined solution to facilitate instant pay outs and collect funds from a customer using just one platform - we believe this a first, positioning Acquired.com as a leading fintech player.”
Rob Clark, Managing Director - Acquired.com

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