ProcessOut is an online payment management platform that aims to simplify and optimize payment flows for businesses. It offers a multichannel payment processing solution, allowing companies to efficiently manage their online transactions.
The ProcessOut platform connects with various payment providers such as Stripe, Braintree, Adyen, and others to centralize all payment data and analyze it in-depth. This enables businesses to monitor and optimize their payment performance, identify potential issues, and improve transaction conversion.
Key features of ProcessOut include subscription and recurring invoice management, fraud detection, consolidation of payment data from different providers, customization of payment pages for an optimal user experience, and generation of detailed reports for better financial performance understanding.
ProcessOut also offers advanced functionalities like automatic recovery of failed payments, dispute and refund management, as well as cost optimization by analyzing conversion rates, transaction fees, and provider performance.