Planet Fitness employs Bitventure payment and onboarding technologies

Monday 15 February 2021 07:42 CET | News

Planet Fitness gym group has announced that they have adopted smart payment collection technologies powered by Bitventure, a payment, verification, and onboarding solutions specialist.

The portable Smart POS is a multifunctional device encompassing the features of an Android Smartphone while doubling as a card payment terminal. Equipped with payment applications such as BitventurePay and DebiCheck, new member onboarding transactions are now 100% friction-free. Members can choose to tap or dip their cards, and all card types are accepted.

The POS Devices are digitally integrated into Planet Fitness’s existing member management system, providing automated processes for optimised internal workflows and enhanced member experiences.

The DebiCheck mandate authentication application facilitates the electronic authentication (card and pin) of new debit order agreements. This feature secures ongoing monthly payments and provides complete transparency.

To boost Planet Fitness’ collection success rates and reduce fraud, services such as real-time Bank Account Verification (AVS) and Strike Date Optimisation (SDO) are provided by Bitventure. AVS and SDO services are helping Planet Fitness to address the threat of fraud hands-on. In addition, Bitventure’s provision of real-time financial reporting provides vital insight into Planet Fitness’ business data.

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Keywords: Bitvenure, payment technology, customer onboarding, smart pos, online payments, merchants
Categories: Payments & Commerce
Countries: South Africa
This article is part of category

Payments & Commerce