Using a Better Payments Framework to Bolster Your Financial Footing

Human beings are known for a myriad of different factors, but most importantly, they are known for getting better on a consistent basis. This progressive approach, on our part, has already got the world to hit upon some huge milestones, with technology appearing as a major member of the stated group. The reason why technology enjoys such an esteemed stature among people is, by and large, predicated upon its skill-set, which ushered us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look up close for a second, it will become clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence, and consequentially, kickstarted a tech revolution. Of course, this revolution then went on to scale up the human experience through some outright unique avenues, but even after achieving such a monumental feat, technology will somehow continue producing the right goods. The same has grown to become a lot more evident in recent times, and assuming one new fintech development pans out just like we envision, it will only make that trend bigger and better moving forward.

Finix has officially confirmed its launch as a payments processor, a processor which is designed to offer more businesses new-age services like instant onboarding, cutting-edge finance products catering different needs, and hassle-free payment operations. Talk about what all the new processor brings to the fold, the users here can access improved economics and opportunities for streamlining operational cost. The prospect of leveraging improved economics is further joined by greater control over your transactions, as well as a more efficient finance framework. Next up, we must mention how Finix’s users will be able to enjoy integrated compliance, doing so with help from a host of in-house PCI tools. Another detail worth your attention would be Finix’s pledge to remove third-party dependencies. You see, this move alone should pave the way for customers to reach market at a much faster clip, while simultaneously enhancing product velocity.

“From day one, Finix has built for the most complex customers and use cases and put all of that power behind simple APIs and an easy-to-use dashboard with low-code, no-code solutions. We offer flexible, reliable technology that scales with businesses as they grow and as payments technology evolves,” said Richie Serna, CEO of Finix. “As a processor, we can reach more businesses and offer even more configurability, reliability, and pricing flexibility through a single integration.”

Hold on, there are a few bits left to unpack, considering Finix even has the means to provide streamlined sponsorships for new PayFacs and registered Marketplaces. Now, in case the value proposition still doesn’t look attractive enough to you, then we can further acknowledge various other advantages on the offer, including higher availability and uptime, reliable reporting that aids in settlements, hundreds of new industry verticals (MCCs), markets, and commercial opportunities, higher authorization rates, and more.

Founded in 2015, Finix has risen up the ranks by empowering businesses of every size to own, manage and monetize their payments. Using a modular, workflow-driven architecture and a real-time interface, the company, at the moment, also offers specialized tools to track transactions, consolidate disparate payment processor data, and underwrite merchant accounts, with each tool pulling towards an exclusive goal of facilitating payments to and from anywhere across the entire globe.

“We are thrilled about Finix becoming a processor,” said Kam Bain, Director of Strategy at Beyond. “As our payment facilitation partner, they’ve been outstanding from the start. Our integration was seamless, they have superb ongoing customer support, and we appreciate their speed of innovation. Finix single-handedly enabled us to process payments for ourselves and our clients. We’re excited that we can now rely on them as another layer in our payments stack.”