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Bits Technology

#Risk assessment

Bits Technology provides a platform for managing customer and business identity.

Market coverage N/A
  • Sweden
Description

Bits Technology provides a platform for managing customer and business identity. It offers solutions for designing dynamic onboarding flows, fraud prevention, and accessing appropriate service providers and data sources for understanding your customers and business through a single API. Their platform also enables the creation of code-free customer onboarding and monitoring solutions, and provides actionable data for assessing risks, preventing fraud, and staying compliant with regulations.

Bits Technology's features

  • 3D Secure
  • Chargeback management
  • Chargebacks
  • Partial Captures
  • Partial Refunds
  • Payin
  • Payout
  • Recurring Transaction
  • Recurring Transactions
  • Refunds

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Frequently Asked Questions

What is a Payment Aggregator (#PA)?2023-09-14T14:17:02+02:00

A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.

What is a Payment Facilitator (#PayFac)?2023-04-18T18:56:26+02:00

A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.

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