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Ixopay partners with Payaut

Monday 1 November 2021 11:50 CET | News

Austria-based PCI-certified payment orchestration platform Ixopay has entered into a cooperation with Netherlands-based marketplace payment provider Payaut.

With the solutions from Ixopay and Payaut, customers can independently connect to their preferred payment providers. Payaut carries out the KYC check of the sellers and allows the marketplace to swap payment service providers. Ixopay offers merchants payment routing, cascading and risk management functions. Ixopay offers automatic reconciliation and billing processing, reporting and plug-in-based integration of acquirers and payment service providers.

Users may also make use of centralised coordination and billing as well as integration of acquirers, payment service providers and risk service providers. The platform acts as a link between the payment service provider and the sellers and enables platforms to connect to the PSPs of their choice. With Payaut, the marketplace is automatically PSD2-compliant, as the platform takes care of payouts, split payments, and merchant risk assessment (KYC).


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Keywords: partnership, payment processing, KYC, PSP
Categories: Payments & Commerce
Companies:
Countries: Austria
This article is part of category

Payments & Commerce