Payment

The world's first and only Payment Management Service and Payment Initiation Gateway that works as a super PSP in the physical store. Manage all your payment methods from Pay by Bank (a2a), cash, card, and others with the click of a button.

Payment Management Service

Our Payment Management Service can be used together with our checkout or backoffice, or as a standalone API to offer mobile wallets in other products, such as existing in-store or e-commerce checkout software, Scan & Pay, invoicing.

The service is available via our payment initiation gateway, and harmonizes different value service providers. This makes mobile payments seamless and instant for both customers and merchants. Furthermore, our Payment feature reduces interactions between payment, banking and card vendors during each transaction by 50%, enabling you to lower your transaction fees by 60%.

We also offer Pay by Bank, or account to account transactions. As a result, we’ve removed unnecessary steps in the payment process both for the customer and staff. The removal of intermediaries enables merchants to save serious money and protect their payment infrastructure.

Approved by the FI (Swedish Financial Supervisory Authority/Finansinspektionen).
Authorized AISP and PISP.
Limitless payment options - A2A, mobile, card, cash, invoice, credit.
Pay by Bank feature enables eco-friendly transactions due to less intermediaries involved in each transaction.
Reduces interaction points between payment, banking and card vendors during each transaction by 60%.
Improved margins with up to 60% lower transaction fees.
Super-easy QR code initiating mobile payment.
Real-time access to funds.

How we act as a Super PSP

Enabling flexibility in payment methods

Focalpay acts as a Super PSP, as our Payment Initiation Gateway is integrated behind other PSPs and payment integrations.

We harmonize all payment methods both in the physical store and online, which enables peace of mind - we manage the integrations and maintenance.

This enables you to manage their payment methods independently, without expensive or long projects.

The result is that you can enable or disable any payment method - from Pay by Bank, cards, cash, mobile payments, credit, invoicing. With one click, you can enable or disable different payment methods or PSPs.

Payment redundancy

Mobile payments are growing worldwide, but all mobile payment options face the challenge of non-offline capabilities. The shift towards cashless leaves merchants and shoppers more dependent on the payment providers and their ability to deliver their service. If a payment provider goes offline, customers can’t pay and businesses lose revenue - and in extension perhaps even their customers.

To prevent this, Focalpay utilizes a machine learning module to monitor and detect disturbances for payment methods, and manage purchase completion options automatically and in real-time.

Our services enable you to proactively set up alternative payment methods you want to offer, to ensure the highest possible payment redundancy. By doing this, Focalpay can shift the payment flow to the backup provider ahead of any disturbances. Your customer will never notice - and you will always get paid.

Get started with Payment

Using our Payment feature

1. Select mobile payment methods

Whether you already have contracts with payment schemes that you want to use, or need help with acquiring these, we can help. With contracts in place you can configure the payments in minutes in our backoffice.

2. Infrastructure and integration

With our headless checkout and integration platform, we offer retail and payments without deployment. Hardware and software-agnostic, no extra hardware is necessary.

3. Onboarding staff and customers

As long as your payers can scan a QR code with their mobile phone they can pay. For merchants and in-store staff, initiating and receiving payments is always the same, regardless of the payment method.

4. Scale and integration

Our Master Data Management gateway receives and harmonizes the data needed for the payment and checkout, and updates any surrounding system about the transactions.

More info about PSD2

EU:s PSD2 directive has been created to promote and enable development of electronic payments within the EU. It is a framework for payment services which aims to make payments within EU more secure, frictionless and effective. Want to know more about PSD2 or how our Payment Management Service enables retailers to get in front of the PSD2-directive? Get in touch via our contact page.

Focalpay AB

Org. number 559312–7771

Wenner-Gren Center

Sveavägen 166

113 46 Stockholm

contact@focalpay.se

About

Patent-pending platform

FI approved

Authorized AISP

Authorized PISP

Focalpay