At Fintecture, our mission is to transform wire payments to enable businesses to unlock their revenue potential by adding services that enhance efficiency in commercial transactions, while placing fraud prevention at the core of our strategies.
Indeed, our mission also extends through our ability to reinvent/digitalize bank transfers with a comprehensive product offering (pay-in/pay-out), which provides the following benefits:
A Unique Technology in the Market:
Our payment infrastructure is not only proprietary and independent but also extremely robust, with a 99.5% availability rate. We process our payments directly, without intermediaries, which contrasts with card payments subjected to interchange and Visa/MasterCard systems.
Thanks to our in-depth knowledge of the banking system, gained over the years, we understand the internal mechanisms of each bank, especially their real-time fund reservation systems ("real-time booking") for daily transfer processing. Each bank has developed its own PSD2 APIs with specific payment statuses. We can interpret these practices and information to transform them into clear business statuses, and optimize the most efficient payment channel (SCT SEPA / SCT INST), thus providing optimal readability and confirmation to merchants.
Our system integrates easily with all corporate systems: within minutes with plugins for all market CMS, facilitated by SDK kits and RESTful APIs.
Boost Your Conversion and Generate Additional Revenue:
Wire payments are no longer an obstacle to the fluidity of the customer journey! Discover an effective solution to convert high-value baskets, recover transactions rejected by cards, and not lose any sales. On average, 40% of payments made via Fintecture are failed card transactions, a third of which are due to excessive amounts. Fintecture, therefore, presents itself as a secure and efficient alternative to card payments, optimizing the chances of conversion on the most strategic purchases. Our clients report an average increase of 20% in their shopping basket and a significant increase in their sales, thus contributing to the growth of their revenue.
Retain Your Customers:
A failed payment often leads the customer to the competition... However, Fintecture solutions ensure a smooth and secure purchasing journey, especially for high-value transactions and with professional clients, while encouraging loyalty and repurchase. Nearly 40% of our users regularly use our services! In other words, Fintecture overcomes the limitations of card payments, avoids unjustified transaction rejections, and reduces transaction costs.
With Fintecture, you have the opportunity to energize your sales by offering more flexibility to your clients, thanks to our solutions tailored to B2C and B2B journeys. This contributes to increasing customer satisfaction and encouraging repeat purchases. It is worth noting that nearly 40% of our payers are repeat customers, representing 60% of our transaction volumes.
Automate and Reliabilize Your Reconciliation to Free Up Your Sales:
Receiving wire transfers while eliminating the need to manually reconcile each operation is now a reality! With Fintecture's payment solutions, each order corresponding to a payment is automatically identified in real-time.
The automation of the reconciliation process brings substantial resource savings by removing manual tasks within accounting teams and contributes to a significant increase in revenues. By immediately identifying paid orders, our clients can validate orders faster and start their preparation. This enables them to ensure quick delivery and process a larger number of orders, a crucial advantage especially for sectors subject to strong seasonal variations.
Gain Productivity Through a Shared View on Payments:
Tracking wire payments is no longer limited to accounting teams. With Fintecture, your sales teams can now independently track the status of each payment in real-time, directly from our SaaS platform (console), without the need for integration, or through their professional tools (with API integration). Gone are the back-and-forths between departments to confirm the receipt of funds before shipping the goods. No more unnecessary follow-ups with your customer service. You save precious time!
In Complete Security:
The security level is optimal because no sensitive data is entered on the merchant's site during payment. The customer authenticates directly with their bank, thus minimizing any risk of data leakage. This is what we call "Security by Design". Strong authentication, inherent to the customer journey via their bank, provides an additional guarantee of security. The responsibility for initiating the payment and the risk of fraud lies with the payer's bank. This new payment method is a native SCA (Strong Customer Authentication) solution, which reduces frictions related to strong authentication and minimizes its impact on sales.
A Unique Technology in the Market:
Fintecture reinvents wire payments for businesses, eliminating the constraints associated with traditional payment methods such as high baskets, fraud, and reconciliation. Our solution goes beyond simple payment, offering a complete suite designed to modernize the conventional payment process.