Understanding Smart Payment Agreements™

Created by Elizabeth Whyte, Modified on Mon, 2 Dec, 2024 at 1:29 PM by Elizabeth Whyte

Smart Payment Agreements™ are the system's proprietary tools that manage consent-to-pay and payment initiation.

A Smart Payment Agreement™ can:
  • Orchestrate ongoing, recurring or one-off payments across multiple methods of payment, currencies, and payment gateways.
  • Manage not just transactions but also automates payment-based customer care – meaning more successful transactions for your business.
  • Automatically engage the appropriate method of payment in response to the payer’s preference of what is offered to them.
  • A single access point for all methods of payment simplifies settlement, payer management, reconciliation and integration with other business operating systems such as loyalty, CRMs, logistics and inventory management.

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article