What is Finiqly and what do they do?
Finiqly is a payments processor that specializes in providing payment solutions for online businesses. The company offers a suite of services aimed at facilitating various types of electronic transactions, enhancing the payment experience for consumers and merchants alike. Their core offerings include payment processing, card acquiring, and multi-currency support, enabling businesses to accept a wide range of payment methods efficiently.
Finiqly is built to support both local and cross-border transactions, allowing businesses to cater to a global audience. The platform provides tools for managing transactions, such as reporting and analytics, to help businesses track their payment performance.
In addition to standard credit and debit card processing, Finiqly offers support for alternative payment methods, which is increasingly important in today's diverse payment landscape. This flexibility allows businesses to better meet their customers' preferences, aiding in increased conversion rates and enhanced customer satisfaction.
Who is it for?
Finiqly predominantly serves e-commerce businesses, though its solutions can be applied across various industries. Sectors such as retail, travel, and online gaming benefit from its payment infrastructure. These industries often emphasize the importance of secure and flexible payment options in order to cater to a wide array of customer needs.
Finiqly has a strong focus on providing its services in multiple regions, aimed at enterprises looking to scale their payment capabilities globally. The ability to support different currencies makes it particularly appealing to businesses seeking international growth.
Why do businesses choose Finiqly?
Businesses opt for Finiqly due to several verified strengths and benefits inherent in their service model. Key advantages include:
- Multi-Currency Processing: Finiqly allows businesses to accept payments in various currencies, which broadens their consumer base and simplifies international transactions.
- Diverse Payment Options: The ability to offer a range of payment methods, including alternative payments, caters to different customer preferences, enhancing the checkout experience.
- Real-Time Analytics: Finiqly's reporting tools provide actionable insights into transaction performance, enabling businesses to make informed decisions based on real-time data.
- Scalability: The platform is designed to support businesses of all sizes, from startups to established enterprises, accommodating growth without compromising service quality.
- User-Friendly Integration: Finiqly is adaptable, allowing for smoother integration into existing e-commerce systems and technology stacks.
Businesses using Corefy can simply obtain a MID from Finiqly and connect it to Corefy’s dashboard in a few clicks, without dealing with any integration work.
Is Finiqly trustworthy?
Finiqly adheres to industry-standard security practices to protect both merchant and consumer data. Specific details about their security infrastructure and compliance measures have not been disclosed publicly; however, reputable payment processors typically implement robust encryption, fraud detection, and compliance with regulations such as PCI DSS to ensure transaction security. It is advisable for businesses to verify any specific compliance certifications or security measures directly with Finiqly as part of their due diligence.
How to start using Corefy’s Finiqly integration
Connect Finiqly 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 Finiqly 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 Finiqly 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
3Payouts
3Currencies
Currencies available for processing through this connector.
Flows
Supported transaction flows available via this connector.
Features
Functional capabilities supported across available flows.