Paydiant's mobile payments platform enables retailers, banks and processors to quickly launch a mobile payments solution from, as well as present offers and advertisements to, consumers' smartphones. As an open platform, it enables retailers, banks and processors to shape consumers' mobile payments experience by integrating mobile payments into existing mobile apps. The software-only design supports your existing technology infrastructure and mobile apps, enables you to begin offering mobile payments today using existing phone and POS hardware, and utilizes a highly secure and scalable solution that easily adapts to evolving technological standards.
Key attributes of Paydiant's patent-pending technology include:
Open Development Environment
Paydiant's mobile payments platform gives retailers, banks and processors control over the mobile payments experience they offer to their consumers. The ability to offer mobile payments from within your own mobile app affords you freedom from reliance on third parties such as telecommunications providers, payment card networks and alternative mobile payments platform vendors to accept mobile payments on your behalf. Paydiant's APIs and software development kit integrate with existing POS systems, web portals, single sign-on capabilities, advertising networks and the mobile phone app itself. In addition to our SDK, Paydiant provides reference applications for mobile phone apps and the user registration portal. Additionally, the platform enables you to accept any tender type - debit, credit, PLC and gift cards - and allows you to customize which instruments are accepted and which appear "top of wallet". Paydiant's flexible architecture supports the widest possible range of mobile transaction use cases, including in-store, ecommerce, dining, bill pay, P2P, ATM cash access and more. Finally, as an open platform Paydiant supports multiple emerging mobile payments enabling technologies including barcode and NFC-based payments.
Rapid, Inexpensive Deployment...Today
Paydiant's mobile payments platform allows you to begin accepting mobile payments ahead of other providers and start building a mobile payments enrolled user base today. Paydiant's patent-pending barcode-based mobile payments capability uniquely supports existing smartphones and your existing technology infrastructure. Unlike mobile payments platforms that only support NFC, Paydiant allows you to launch a mobile payments offering today, without incurring expensive and time consuming upgrades to NFC enabled hardware or waiting until an entirely new generation of NFC enabled handsets is available in the marketplace.
As mobile payments standards evolve and new technologies become more readily available, the Paydiant mobile payments platform provides retailers, banks and processors with the flexibility to easily migrate or incorporate additional payment approaches like NFC and others as necessary. Our customers can get started with their mobile payments offering today, without having to wait for a wholesale hardware replacement cycle to occur. The Paydiant mobile payments platform currently provides a software-only platform that leverages smartphone cameras to bring intuitive and secure mobile payments functionality to existing mobile devices and point-of-sale hardware.
Futhermore, choosing Paydiant doesn't box you into a single approach to mobile payments. Paydiant is also leveraging the early availability of NFC-enabled mobile and point-of-sale hardware to develop and release mobile payments functionality for customers looking to follow that model in the longer term. Each approach has specific strengths and by providing support for both, Paydiant is providing the most flexible and future-proof architecture available today.
Highly Available and Scalable Managed Infrastructure
Paydiant's platform is designed for high volume and highly reliable transaction processing that easily scales as your payment volumes grow. To ensure your consumers can conduct payments and access data whenever they wish, Paydiant's hosting infrastructure employs the latest in high availability best practices such as 24x7 monitoring, geo-loadbalanced, fully-virtualized private clouds, end-to-end gear redundancy and WAN links with multiple providers.
Moreover, as your mobile payments adoption increases or you experience temporary fluctuations in demand, our architecture is designed from the ground up to adapt accordingly, avoiding any performance degradation or down time.