The payment challenges
Most System vendors have to involve a Payment Service Provider (PSP) in order to offer merchants different card payment solutions. This process is time-consuming and expensive as they need to contact the PSP every time a new merchant wants a payment solution.
As card usage is increasing, merchants are demanding innovative and reliable payment solutions. System vendors need to choose a payment partner who is able to handle a large number of simultaneous transactions without any errors. It is important that the payment system has enough capacity to handle peak periods and that it can be adjusted to meet international standards. It is also becoming more important to be able to accept different types of currencies. Card usage also invites another problem, card fraud. In order to keep fraud to a minimum, system vendors need to offer a reliable anti fraud system and/or payment terminals prepared for EMV chips.
By integrating Samport LETO, you, as a system vendor, will offer the most innovative payment solutions on the market. You will have control over the payment process which will reduce your costs, increase profit and save time.
