Integration and connection of payment solutions on the UTIP end

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The volatile situation that unfolded in the Forex company acquisition market in January 2021 in some jurisdictions has caused us to rethink our approach to helping brokers working with payment solutions. Our customers know that we are always ready to help them in this matter. And we want other brokers to know about our approach to working with payment solutions.

We help with the integration of payment and checkout solutions, even if they are not listed in our platform

We are always happy to respond to the broker’s request to integrate a payment or checkout solution, whether or not it is in our platform. In early 2021, the service cost $500 per integration. Now we provide it for free. We accept an unlimited number of integration requests.

We have integrated more than 10 solutions for some of our customers. So they saved money by cooperating with us.

Also, going back to early 2021, brokers were paying $500 to connect a payment or cashier solution to the Trader’s Room (TR). From now on, the service is free and there is no limit to the number of connected solutions.

Integration means implementing a new solution into the platform. Connecting means adding an integrated solution to the Admin’s Room.

$100 service fee for a connected solution

The service includes the possibility of using the solution in the UTIP Merchant Space, updating it and relying on technical support and advice on the connected solution. Some companies include this service in their monthly fees. Meanwhile, some providers do not have their own Trader’s Room and/or CRM, which means that these companies do not connect solutions for brokers on their side. Therefore, there is no charge for this service.

We integrate payment and checkout solutions into a working week

We have set a short and clear deadline for the integration of a solution on our side, i.e. 1 working week. Just in case, we would like to explain that this period is exclusively for our work on the platform, and in no way includes sudden improvements on the part of the solution itself, occasions where VISA is down, broker’s inability to pass verification or other situations that increase onboarding time for reasons beyond UTIP’s control.

For comparison, we also inform you that most other platform providers have an average integration time of 7 to 14 days for a solution, and depending on the complexity of the work, it can be longer.

We perform real tests and payments

Performing testing and actual payments is an extremely important step in the onboarding process. We are also ready to take this step, and above all for this we have a VISA card issued in Russia. However, there are situations in which we cannot assist you with making payments, namely:

  • a MasterCard is required,
  • the amount of the minimum payment is relatively high,
  • our card is not supported,
  • payment is made in cryptocurrency, via electronic wallet, bank transfer, etc.

For quick consideration of integration requests, we have created an online form, the responses of which are immediately transmitted to our developers after the broker has completed the form. No need to leave a ticket for technical support, contact your manager or a Partner service specialist. If it is necessary to clarify the details, we will contact you ourselves.

We publish summaries on payment solutions

In addition to the technical part of the integration, we also publish our Digest on payment solutions in order to inform brokers regularly on payment acceptance issues.

We integrate deposit solutions only. For security reasons, we do not integrate withdrawal methods. We know that many brokers use alternative payment solutions: crypto, e-wallets, card withdrawals, etc.

Our platform offers more than 40 solutions for brokers. Apart from that, we cooperate with more than 40 different suppliers. If you are interested in our offer, do not hesitate to contact us and we will be happy to help you.

The volatile situation that unfolded in the Forex company acquisition market in January 2021 in some jurisdictions has caused us to rethink our approach to helping brokers working with payment solutions. Our customers know that we are always ready to help them in this matter. And we want other brokers to know about our approach to working with payment solutions.

We help with the integration of payment and checkout solutions, even if they are not listed in our platform

We are always happy to respond to the broker’s request to integrate a payment or checkout solution, whether or not it is in our platform. In early 2021, the service cost $500 per integration. Now we provide it for free. We accept an unlimited number of integration requests.

We have integrated more than 10 solutions for some of our customers. So they saved money by cooperating with us.

Also, going back to early 2021, brokers were paying $500 to connect a payment or cashier solution to the Trader’s Room (TR). From now on, the service is free and there is no limit to the number of connected solutions.

Integration means implementing a new solution into the platform. Connecting means adding an integrated solution to the Admin’s Room.

$100 service fee for a connected solution

The service includes the possibility of using the solution in the UTIP Merchant Space, updating it and relying on technical support and advice on the connected solution. Some companies include this service in their monthly fees. Meanwhile, some providers do not have their own Trader’s Room and/or CRM, which means that these companies do not connect solutions for brokers on their side. Therefore, there is no charge for this service.

We integrate payment and checkout solutions into a working week

We have set a short and clear deadline for the integration of a solution on our side, i.e. 1 working week. Just in case, we would like to explain that this period is exclusively for our work on the platform, and in no way includes sudden improvements on the part of the solution itself, occasions where VISA is down, broker’s inability to pass verification or other situations that increase onboarding time for reasons beyond UTIP’s control.

For comparison, we also inform you that most other platform providers have an average integration time of 7 to 14 days for a solution, and depending on the complexity of the work, it can be longer.

We perform real tests and payments

Performing testing and actual payments is an extremely important step in the onboarding process. We are also ready to take this step, and above all for this we have a VISA card issued in Russia. However, there are situations in which we cannot assist you with making payments, namely:

  • a MasterCard is required,
  • the amount of the minimum payment is relatively high,
  • our card is not supported,
  • payment is made in cryptocurrency, via electronic wallet, bank transfer, etc.

For quick consideration of integration requests, we have created an online form, the responses of which are immediately transmitted to our developers after the broker has completed the form. No need to leave a ticket for technical support, contact your manager or a Partner service specialist. If it is necessary to clarify the details, we will contact you ourselves.

We publish summaries on payment solutions

In addition to the technical part of the integration, we also publish our Digest on payment solutions in order to inform brokers regularly on payment acceptance issues.

We integrate deposit solutions only. For security reasons, we do not integrate withdrawal methods. We know that many brokers use alternative payment solutions: crypto, e-wallets, card withdrawals, etc.

Our platform offers more than 40 solutions for brokers. Apart from that, we cooperate with more than 40 different suppliers. If you are interested in our offer, do not hesitate to contact us and we will be happy to help you.

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Elaine R. Knight