What is PayWise and what do they do?
PayWise is a payment service provider that facilitates electronic payments for businesses. It offers a range of core services designed to enable businesses to manage transactions securely and efficiently. PayWise focuses on providing solutions for online payments, helping businesses accept a variety of payment methods.
The core offerings of PayWise include:
- Payment processing for credit cards and alternative payment methods.
- Integration solutions for e-commerce platforms.
- Tools for managing subscriptions and recurring billing.
- Comprehensive reporting features to track transaction data.
PayWise positions itself as a flexible solution that helps businesses streamline their payment infrastructure.
Who is it for?
PayWise serves a variety of industries by providing payment solutions tailored to different business types. Specific sectors reported to benefit from PayWise’s services include e-commerce, retail, and subscription-based businesses. The payment solutions are particularly suitable for businesses operating within regions with a high demand for online transactions. However, detailed information regarding specific geographies is not publicly available.
Why do businesses choose PayWise?
Businesses select PayWise for several verified strengths and benefits, including:
- Diverse Payment Options: PayWise provides multiple payment methods, facilitating transactions from customers worldwide through credit cards and other options.
- Ease of Integration: Businesses appreciate the straightforward integration process that allows them to connect their existing systems with minimal disruption.
- Comprehensive Reporting: The platform offers robust analytics capabilities, enabling businesses to gain insights into transaction trends and customer behavior.
- Scalability: PayWise is designed to support businesses at various stages of growth, from startups to established enterprises.
- Customer Support: Businesses benefit from responsive customer service, which assists with technical questions and issues that may arise.
Businesses using Corefy can simply obtain a MID from PayWise and connect it to Corefy’s dashboard in a few clicks, without dealing with any integration work.
Is PayWise trustworthy?
PayWise is committed to maintaining industry standards for security and compliance. It adheres to the Payment Card Industry Data Security Standards (PCI DSS), which ensures that payment data is handled with the necessary security measures to safeguard sensitive information. The provider also implements encryption methods to protect transactions, contributing to its reliable reputation in the payment processing space.
All these factors contribute to making PayWise a reputable choice for businesses looking for secure and efficient payment processing solutions.
How to start using Corefy’s PayWise integration
Connect PayWise 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 PayWise 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 PayWise 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
1Currencies
Currencies available for processing through this connector.
Flows
Supported transaction flows available via this connector.