What is Dropayment and what do they do?
Dropayment is a payment processing platform designed to facilitate online and offline transactions for various businesses. It provides a comprehensive suite of payment services that includes payment gateway solutions, merchant accounts, and various transaction processing options. With a focus on streamlining the payment experience, Dropayment supports various payment methods, including credit and debit cards, digital wallets, and bank transfers.
The platform is built to integrate seamlessly with e-commerce systems, allowing businesses to manage their transaction processes effectively. By offering robust tools for payment acceptance, Dropayment enhances the capabilities of merchants and helps them optimize their cash flow.
Who is it for?
Dropayment is primarily targeted at e-commerce businesses, retail merchants, and service providers that require reliable payment processing solutions. The platform serves a range of industries, including:
- E-commerce
- Hospitality
- Retail
- Subscription services
- Ticketing and events
This broad industry focus allows Dropayment to cater to various businesses looking for flexible payment solutions, although specific regional deployments or geographic focuses have not been publicly detailed.
Why do businesses choose Dropayment?
Businesses are drawn to Dropayment for several verified strengths and benefits that enhance their payment processing capabilities. These include:
- User-friendly Integration: Dropayment provides easy-to-use APIs and plugins that simplify the integration process with existing e-commerce platforms and systems.
- Multi-channel Support: The platform supports multiple payment methods and channels, accommodating both online and offline transactions.
- Real-time Reporting: Businesses benefit from real-time transaction monitoring and reporting, allowing them to gain insights into their sales performance and customer behavior.
- Competitive Pricing: Dropayment offers transparent pricing structures which enables businesses to manage their transaction costs effectively.
- Scalability: Designed for businesses of various sizes, Dropayment can scale its services as a business grows, whether it is a small startup or a large enterprise.
- Customer Support: The platform includes dedicated customer support that assists businesses with payment-related inquiries and issues.
Businesses using Corefy can simply obtain a MID from Dropayment and connect it to Corefy’s dashboard in a few clicks, without dealing with any integration work.
Is Dropayment trustworthy?
Dropayment adheres to industry standards for security and compliance, which contributes to its reputation as a trustworthy payment solution provider. The platform complies with the Payment Card Industry Data Security Standard (PCI DSS), ensuring that sensitive payment information is handled securely. This compliance helps protect businesses and their customers against potential fraud and data breaches.
Furthermore, Dropayment utilizes secure encryption methods for data transmission and storage, ensuring that transaction details remain confidential throughout the payment process. While specific licensing information was not publicly available, the established compliance frameworks underscore Dropayment's commitment to maintaining a secure environment for its users.
How to start using Corefy’s Dropayment integration
Connect Dropayment via Corefy and manage it alongside other payment providers. Apply routing rules, monitor performance, and centralise reporting without building or maintaining a separate integration.
- Step 2
Connect merchant account
Add Dropayment account details and credentials in Corefy’s dashboard to establish a secure connection. - Step 3
Set up routing rules
Define routing rules and logic to optimise transactions processed through Dropayment and other PSPs. - Step 4
Go live and monitor performance
Run test transactions, go live, and track your payment performance.
Methods
Supported payment and payout methods available via this connector.
Payments
1Payouts
1Currencies
Currencies available for processing through this connector.
Flows
Supported transaction flows available via this connector.
Features
Functional capabilities supported across available flows.