About Processout (techstars '16)
Processout (techstars '16) is a payment management platform that helps businesses route transactions, analyze and report on their entire payment ecosystem, and switch-on providers in one-click. The company was founded in 2015 by two French entrepreneurs, Cyril Chemla and Romain Mazeries. Since then, it has grown to become a leading player in the payments industry with offices in Paris and San Francisco.
Processout's mission is to simplify the complex world of payments for businesses of all sizes. With its powerful API, businesses can easily integrate multiple payment providers into their checkout process without having to worry about the technical details. This means that they can offer their customers a wider range of payment options while reducing the risk of failed transactions.
One of Processout's key features is its transaction routing engine. This allows businesses to route transactions based on various criteria such as currency, country, or card type. By doing so, they can optimize their payment flow and reduce costs by using the most cost-effective provider for each transaction.
Another important feature is Processout's analytics dashboard which provides real-time insights into a business's payment data. This includes information such as transaction volume, success rates, chargebacks, and more. With this data at their fingertips, businesses can make informed decisions about how to optimize their payments strategy.
Processout also offers an easy-to-use switch-on feature which allows businesses to quickly add new payment providers without any technical knowledge required. This means that they can stay up-to-date with the latest trends in payments technology without having to invest significant time or resources.
In addition to its core features, Processout also offers a range of integrations with popular e-commerce platforms such as Shopify and WooCommerce. This makes it easy for businesses using these platforms to integrate Processout into their existing checkout process.
Overall, Processout (techstars '16) is an innovative company that is helping businesses simplify the complex world of payments. With its powerful API, transaction routing engine, analytics dashboard, and switch-on feature, it is a must-have tool for any business looking to optimize their payments strategy.