How is Collaborative Payment Processing Advantageous Over Classical Payment Processing?

There are unique payment gateways, processors and banks used by different payment systems and if you are looking to integrate them to get your transactions processing, it will prove to be tedious. Hence, it is not feasible to have an integration in place every time you integrate with a new payment gateway or a processor. 

Instead, you can make use of the advantages offered by UniPay for collaborative payment processing; where a group of businesses collaborate under a common payment gateway cloud and leverage on the existing collaborations and integrations mutually. The local integrations with banks, payment processors and payment gateways do not have to happen all over again and all the members of the cloud payment gateway can leverage on the existing integrations and save up significantly on the time and effort involved. If you wish to know more about the same, reach out to UniPay now!

If you want to know more about collaborative payment processing, go to Paylosophy Payment Advice Portal.

The infographic below illustrates the difference between collaborative payment processing and classical. Go to #UniPayGateway website to learn more.