What is KhanPay and what do they do?
KhanPay is a payment processing service that specializes in providing solutions for online transactions. The platform facilitates various payment methods, including card payments, digital wallets, and local payment solutions. KhanPay is designed to streamline payment acceptance for businesses operating in e-commerce and other online platforms. By offering a comprehensive suite of services, KhanPay aims to enhance transaction efficiency and improve user experience.
The core services of KhanPay include:
- Payment Gateway: A robust system that enables seamless payment processing for e-commerce businesses.
- Merchant Account Management: Providing businesses with merchant accounts to accept card payments.
- Fraud Prevention Tools: Solutions to help detect and mitigate potential fraudulent activities.
- Reporting and Analytics: Detailed insights and analytics to track payment performance and trends.
KhanPay positions itself as a versatile solution for various payment processing needs, ensuring merchants can manage their transactions with ease.
Who is it for?
KhanPay primarily targets merchants in the e-commerce sector, particularly those looking for efficient ways to process online payments. While specific industry applications can vary, the service is suited for businesses engaged in retail, digital services, and subscription-based models. The flexibility offered by KhanPay allows businesses to cater to diverse customer preferences across regions where access to various payment methods is crucial. However, no specific geographic restrictions or industry exclusivity have been publicly confirmed.
Why do businesses choose KhanPay?
Businesses opt for KhanPay for several verified strengths and benefits:
- Multi-Currency Support: KhanPay offers the ability to process payments in multiple currencies, which can help businesses reach a global audience.
- Ease of Integration: The platform is designed for ease of use, enabling businesses to set up payment processing without extensive technical knowledge.
- Comprehensive Reporting: Businesses have access to in-depth reporting tools that assist with financial analysis and decision-making.
- Scalability: KhanPay supports both small and large businesses, allowing them to scale their payment processing needs as they grow.
Due to these functionalities, businesses find KhanPay to be a reliable payment processing option. Furthermore, businesses using Corefy can simply obtain a MID from KhanPay and connect it to Corefy’s dashboard in a few clicks, without dealing with any integration work.
Is KhanPay trustworthy?
KhanPay adheres to established security practices typical for payment processing platforms. While detailed information on specific security measures or compliance frameworks (such as PCI DSS certification) has not been explicitly mentioned, KhanPay's focus on providing fraud prevention tools suggests a commitment to safeguarding transaction data. Therefore, businesses considering KhanPay can ascertain a level of trustworthiness based on its dedication to secure payment processing practices, although specific compliance details should be verified directly with the provider for due diligence.
How to start using Corefy’s KhanPay integration
Connect KhanPay 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 KhanPay 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 KhanPay 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.