Grover chooses IXOPAY as its payment management platform

Wednesday 11 March 2020 10:02 CET | News

Germany-based tech subscription scale-up Grover has chosen the payment orchestration platform IXOPAY to manage its payment processes. 

Grover enables people to rent over 2,000 different tech products monthly instead of buying them. Customers can rent a variety of gadgets with Grover, including smartphones, laptops, virtual reality (VR) gear, and wearables.

Grover`s use of IXOPAY facilitates the expansion of its business activities to other countries in, and eventually also outside of Europe.

Offered as a software-as-a-service solution, IXOPAY allows merchants to connect to various payment service providers (PSPs), acquirers, and local payment methods. The ability to route transactions to the most suitable payment processor improves shopping cart conversions and thereby turnover while keeping processing fees at manageable levels.

IXOPAY is a payments orchestration platform enabling global payment processing. As a PCI-DSS certified “fintech enabler”, IXOPAY fulfills the needs of large merchants as well as those of white-label clients: payment service providers (PSPs), acquirers and independent sales organisations (ISOs). The architecture offers smart transaction routing & cascading,risk & fraud management, fully automated reconciliation and settlements processing, comprehensive reporting as well as plugin-based integration of acquirers, payment service providers and alternative payment methods (APMs).

IXOPAY is part of the IXOLIT Group, founded in Vienna, Austria in 2001. With local entities in Austria and the USA, IXOLIT supports national and international customers across various industry verticals. 

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Keywords: Grover, IXOPAY, payments , merchants, payments method
Categories: Payments & Commerce
Countries: Germany
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