Transact365 optimises merchant online payment funnel with innovative technology connecting merchants to their customers globally. The seamless technology that underpins Transact365 allows merchants to quickly, securely, and reliably process payments cross-border with no need to have multiple agreements while being agnostic to a merchants legacy requirements.
Founder(s)
Daniel Fernandez and David Lambert
Funding rounds and investors
Self-Funded
Service provider type
Open Banking enablers
API connectivity for payment initiation
API connectivity for data retrieval & value-added services on the data
Consent management
TPP checking & repository
End-user solutions and propositions - 1. account aggregation
Fraud/risk/security - 1. transaction monitoring 2. Strong Customer Authentication in the context of Open Banking
Banking-as-a-Service
Digital core banking infrastructure/platform
How it works
Simple API integrations. 24/7 merchant support and consultative sessions with our clients to solve all their payment funnel requirements.
What problem does the company solve?
Cross-border payment friction
Fraud and chargeback exposure
Global Expansion
Conversion Optimisation
Types of supported APIs\API standard supported
Multiple
Industries/target markets
Merchants (Retail, SaaS, Gaming, Digital Goods and Services, Subscriptions) Marketplaces, PSP and Fintechs, Brokers, Crypto Exchanges, FX Brokers, Financial Services including Remittance and MSBs.
Geographical coverage (operational area)
UK, Europe, North America, Latam, Asia, Australia, and Africa.
Business model/pricing
Payment Facilitation, PSP Gateway, and Merchant of Record.
Technology
Cloud-enabled
Software language
Java, Python, PHP, and others.
Software developement tools
Modular integrations, Mobile SDk, and others.
When was the core technology developed?
2016
Do you have redundancy and coverage provided by multiple integrations (APIs & Direct Access)?
Yes
How will you handle automated refunds?
Passthrough API.
How will you mitigate the risk of bank transactions failing?
Routing per acquirer and BIN possible.
How will you reconcile payments efficiently?
Singular back office with multiple feeds for inner and outer transaction data.
Partners
Over 50 financial institutions.
Customers / Case studies
For more details, please contact our sales team.
Awards
Information available on request.
Business revenue