Product Overview of BlueSnap
BlueSnap is a comprehensive Global Payment Orchestration Platform designed to streamline and optimize payment processes for businesses of all sizes, including B2B and B2C enterprises, startups, SMEs, and enterprises. Here’s a detailed look at what BlueSnap does and its key features:
What BlueSnap Does
BlueSnap simplifies global payments by providing a unified platform that supports various payment methods, geographies, and sales channels. It aims to increase sales, reduce costs, and enhance the overall payment experience for businesses. With BlueSnap, companies can accept payments through multiple channels such as online and mobile sales, marketplaces, subscriptions, invoice payments, and manual orders via a virtual terminal.
Key Features and Functionality
Payment Acceptance
- Global Payment Processing: BlueSnap allows businesses to accept payments in over 200 geographies, with local acquiring in 47 countries, supporting 110 currencies and 100 global payment types, including popular eWallets.
- Multi-Channel Support: Supports online, mobile, POS, and subscription payments, as well as invoice payments and manual orders through a virtual terminal.
Integration and Customization
- Single Integration: With a single integration, businesses can access all the necessary payment tools, reducing the complexity of multiple integrations.
- Customizable Payment API: The BlueSnap Payment API allows for easy implementation and customization of payment flows, supporting card payments, ACH/ECP, SEPA Direct Debit, digital wallets, and more.
- Seamless Integrations: Integrates with hundreds of business platforms, including shopping carts, ERP & CRM systems.
Fraud Prevention and Security
- Built-In Fraud Prevention: Utilizes Kount’s award-winning fraud prevention solution to verify legitimate transactions and decline suspicious ones, ensuring a balance between security and sales.
- Chargeback Management: Includes robust chargeback management tools to protect revenue.
- PCI Compliance and Tokenization: Ensures data and payments are secure with tokenization and full compliance with industry standards.
Subscription and Recurring Payments
- Flexible Subscription Platform: Supports recurring payments with a flexible subscription management system, helping businesses maximize revenue from subscription models.
Analytics and Reporting
- Detailed Analytics: Provides access to detailed analytics to help businesses grow by understanding their payment data and performance.
Payment Optimization
- Intelligent Payment Routing: Automatically routes payments to the bank most likely to approve the transaction, minimizing declines and maximizing revenue.
- Payment Optimization Tools: Offers tools to optimize payments for higher authorization rates and lower costs, including tax and compliance solutions.
Customer Experience
- Seamless Checkout: Offers a seamless, customized website and mobile checkout experience to convert more shoppers and improve customer interaction.
Additional Benefits
- Modular Technology: Allows businesses to turn on or off specific functionalities by country, product, or issuer, providing flexibility tailored to their needs.
- Robust Customer Support: Provides phone, live support, and ticket-based customer support to ensure businesses get the help they need promptly.
In summary, BlueSnap’s Global Payment Orchestration Platform is a powerful tool that simplifies and optimizes payment processes, enhances security, and provides a seamless customer experience, making it an ideal solution for businesses looking to expand their global reach and improve their payment operations.