Can Innovative Cloud-Based Technology Revolutionise Traditional Mobile Payment Systems?

• Paytailor is a cloud-based multi-platform for payments, services, and customer loyalty.
• The innovative technology revolutionises traditional mobile payment systems by replacing physical payment with virtual.
• Paytailor’s software enables businesses to accept payments in multiple ways, and allows customers to choose the payment method that suits them best.
• The platform can onboard new merchants virtually in just 8 minutes and does not require any integrations.
• Paytailor has a public API that allows for simple and fast integration with PoS systems, in-app e-commerce, and IoT payments.

Centred in Estonia, Paytailor is revolutionising e-commerce with a pioneering cloud-based technology. Building on the foundations of mobile payments, the company is paving a new pathway by capitalising on new technologies such as Big Data, Cloud Computing, Internet of Things, and Fintech. The Paytailor platform is much more than just a mobile payment solution; it’s a multi-platform encompassing payments, services and customer loyalty. Using cloud technology, the platform is built to replace physical payments with virtual, dismantling the limitations and costs tied to traditional methods like cash or card payments.

While most mobile payment solutions necessitate integral card terminals and additional hardware, Paytailor breaks away from these expensive and rigid practices. The cloud-based system provides uninhibited accessibility, liberating businesses from being tied down to any specific location or customers and from relying on dedicated hardware systems.

Paytailor’s standout differentiator is its groundbreaking approach to payments. Businesses can accept multiple modes of payments such as credit or debit cards, mobile carrier billing, PSD2 open banking-direct debiting, top-up solutions, and even cryptocurrencies, which empowers the businesses to select the most advantageous method for operations. This variety of choices gives customers the ultimate freedom to pay however they are comfortable.

An advantageous feature of Paytailor is its quick virtual onboarding of merchants – merely an 8-minute process. Merchants can start accepting payments utilising their existing devices and bank accounts without the requirement of additional integrations. Paytailor’s public API further facilitates seamless integration with PoS systems, in-app e-commerce and IoT payments – paving the way for devices, doors, gates, machines etc. to accept mobile payments.

With a sharp focus on innovation and customer-centric solutions, Paytailor is set to further revolutionise the mobile payment industry. Their cloud-based payment platform provides an all-encompassing solution for businesses to enhance their payment methods and improve customer interaction. In addition to offering flexible payment options, the platform’s integral customer loyalty program opens up a new world of opportunities for businesses to engage with customers effortlessly.

The future of Paytailor seems bright, as they continue to innovate and refine their product offerings to cater to the needs of businesses. As the mobile payments industry continues to evolve, Paytailor is strategically positioned to leverage these changes and shape the future of cashless transactions. To stay updated on Paytailor’s progress, follow on Twitter, Facebook, LinkedIn or visit their website.