What is Networx and what do they do?
Networx is a payment processing platform that specializes in providing merchant services, facilitating online and in-store transactions across a variety of sectors. The company focuses on delivering solutions that streamline payment processing, enhance the customer experience, and optimize transaction handling for businesses. Their core payment services include card processing, alternative payment methods, and transaction management tools that cater to both established enterprises and startups.
Networx offers a robust payment gateway that allows businesses to accept major credit and debit cards, as well as various e-wallets, which is essential for navigating today’s diverse digital economy. The company also provides features like fraud detection, chargeback management, and reporting tools, helping merchants efficiently manage their payment flows.
Who is it for?
Networx serves a wide range of industries, including retail, e-commerce, hospitality, and healthcare. Its services are particularly beneficial for businesses that require fast and reliable payment solutions, whether they are operating online stores or traditional brick-and-mortar shops. By offering flexible payment options and integrated solutions, Networx enables companies to tailor their payment systems to meet their specific operational needs.
Why do businesses choose Networx?
Businesses opt for Networx due to several verified strengths and benefits:
- Comprehensive Payment Solutions: Networx supports multiple payment types, enabling businesses to cater to a broader audience and increase sales opportunities.
- User-Friendly Interface: Their payment gateway is designed to be intuitive, allowing companies to set up and manage payments easily without extensive technical knowledge.
- Fraud Prevention and Security Measures: Networx includes robust security protocols and fraud detection mechanisms, which are essential for maintaining customer trust and minimizing risks.
- Customizable Features: The platform allows businesses to customize payment options according to their specific needs, facilitating a tailored shopping experience for customers.
- Affordable Pricing Structures: Networx offers competitive pricing and transparent fee structures, making it easier for businesses of all sizes to manage their payment processing costs.
Businesses using Corefy can simply obtain a MID from Networx and connect it to Corefy’s dashboard in a few clicks, without dealing with any integration work.
Is Networx trustworthy?
Networx operates under relevant licenses and complies with industry standards for secure payment processing. Specific licensing details can vary by region, but they adhere to the Payment Card Industry Data Security Standard (PCI DSS), ensuring that their systems meet stringent security requirements for handling payment card information. This commitment to security helps protect both merchants and their customers from fraud and data breaches, establishing Networx as a trustworthy partner in payment processing.
Start using Corefy’s Networx integration
Building a payment brand from scratch takes years. Our white-label solution gives you enterprise-grade infrastructure, 500+ integrations, and smart tools — routing, reconciliation, analytics — all wrapped in your brand and ready to launch.
- Step 2
Check integration availability
Visit our Integrations Hub to see if Networx is already connected. - Step 3
Connect merchant account
Add Networx account details and credentials in Corefy’s dashboard to establish a secure connection. - Step 4
Set up routing rules
Define routing rules and logic to optimise transactions processed through Networx and other PSPs. - Step 5
Go live and monitor performance
Run test transactions, go live, and track your payment performance.
Methods
These methods are implemented through the Networx Connector and can be managed centrally in your Corefy dashboard
Payments
1Payouts
1Currencies
Currencies in which the provider accepts payments or makes payments and which are sold by us.
Flows
Provider flows implemented by us. A payment transaction flow is the journey of payment from start to approval and credit funds.
Features
Networx Connector supports the following capabilities when integrated via Corefy.