Question 1

Is Swifto Pay a Payment Gateway or a Payment Aggregator?

Accepted Answer

To clarify, Swiftopay is neither a payment gateway nor a payment aggregator. Instead, we provide a powerful technology platform designed to streamline payment integration by unifying multiple payment modes, methods, gateways, and aggregators. Our solution minimizes the need for extensive integration, engineering, and operational efforts, saving you time and resources. Additionally, our platform enhances the customer experience by enabling a seamless checkout process, achieving an impressive transaction success rate of 99%.

Question 2

Does Swifto Pay Assist Merchants in Obtaining a Payment Gateway?

Accepted Answer

Absolutely! At Swiftopay, we assist our customers and merchants with onboarding onto multiple payment gateways and aggregators. To deliver the best payment gateway solutions, we have built strong partnerships with some of the world’s leading payment services providers.

Question 3

What are the requirements to obtain a payment gateway?

Accepted Answer

The documentation needed for payment gateways varies based on your business entity type. At Swiftopay, we simplify the approval process by partnering with multiple payment gateway aggregators on your behalf. This eliminates the need to submit the same documents to each aggregator individually, saving you both time and effort.

Question 4

Are there any guidelines to follow to get a payment gateway for my business?

Accepted Answer

When applying for a payment gateway, it’s crucial to consider two key factors. First, make sure you submit all the required documentation according to the specified guidelines. Second, ensure that your website or app includes up-to-date policies and the necessary pages.

Question 5

Is my data and documentation secure with Swiftopay?

Accepted Answer

Rest assured, your data is fully secure with Swiftopay. We use it exclusively for the purpose of onboarding payment gateway partners and will never use it for any other purposes.

Question 6

Is Swifto Pay PCI-DSS compliant?

Accepted Answer

Yes. Swifto Pay complies with PCI-DSS standards, ensuring payment data is handled with maximum security.

Question 7

What role does Swifto Pay play in this entire process?

Accepted Answer

Swiftopay serves as a technology services provider, enabling seamless integration between your website or app and the necessary payment method providers or payment gateway aggregators.

Question 8

Who is responsible for handling payment settlements?

Accepted Answer

Transaction settlements will be managed by your payment method provider or payment gateway aggregator. However, we offer a centralized dashboard that delivers transaction reports and a variety of features to help streamline your business operations and enhance efficiency.

FAQs