Payline Launches Platform for Payment Facilitation
Payline Data is a payment solutions provider boasting a high-end payment experience, recently announced its all new payment facilitation platform, Payline I/O, a full-stack payments API for B2B companies.
With the ability to offer a safe integration, instant merchant on-boarding, and flexible funding for tight control over essential parts of the payments experience, Payline I/O can be implemented with minimal internal development resources.
Payline I/O offers a platform for developers to test out their products before sending them to launching phases.
“This solution marks the next step for Payline and the future of payments,” said Jeff Shea, Payline CEO and co-founder. “Unlike other integrated payment solutions, Payline I/O allows control over everything from on-boarding to funding, which in turn improves user acquisition, retention, and satisfaction.”
Justin Louie, Head of Product at Payline commented, “Payline I/O provides software platforms the ability to control when and to whom funds are disbursed through a technique called dynamic funding,” said Louie. “While Payline I/O does support next-day funding, software platforms may have a unique workflow and desire the ability to settle funds after an event occurs. This also allows the software platform to pay themselves, and their users more quickly.”
The Payline I/O platform providers users with a Level 1 PCI compliant vault. Software platforms will be able to process payments with a measure of tightly faceted security, while tokenizing payment methods for recurring or subscription services.
Beyond that, the flexible payment UI enables software platforms a drop in UI form to accept payments quickly with limited coding.
“As the payment-facilitator market continues to expand, Payline is positioned to provide exceptional merchant services to payment facilitators with minimal risk and an ease to market option” added Shea. “Payline I/O is the optimal solution for any business that wants to grow top line revenue and improve profits through payment processing fees. We are excited to introduce this product and expand our distribution channels.”