Planetauthorize is a payment processing provider for online, retail, mobile, and MOTO businesses. Its vast assortment of solutions includes merchant accounts and payment systems that cater to all types of payment methods.
The company aims to provide a seamless customer experience by addressing all aspects of the merchant’s payment process. Its services are available to merchants around the world, such as:
Learn more about Planetauthorize through the detailed review below.
Planetauthorize supports high-risk merchants in the online, retail, mobile, and MOTO spaces. First off, the company provides merchant accounts for processing credit card and check payments.
To further enhance this service, it has a vast assortment of payment solutions for specific business models and needs. The company can also customize services and pricing schemes to suit your business needs.
Below is a summary of its merchant account services for high-risk businesses.
Interested merchants can apply through different mediums available on its website.
Below is a comprehensive list of services offered by Planetauthorize.
The majority of the company’s clients are online businesses. Planetauthorize helps online business owners create a hassle-free customer checkout experience through the following payment solutions.
Planetauthorize also works with retail establishments. It carries a range of POS terminals for in-store payment processing.
Depending on your unique business needs, the company will recommend a suitable terminal for you. Features include payment processing, card swipe transactions, EMV card readers, and sales reports. Most terminals also come with a free mobile app for merchants to access anytime. Merchants can also manage sales, refunds, cash flow, and inventory.
In addition to terminals, Planetauthorize gives merchants an option to customize their own payment system. Merchants can send their requirements, which the company’s sales manager Partner will consider during development. This includes websites, mobile applications, and open-source applications.
The company developed an exclusive Mobileauthorize™ application for mobile payments. It is compatible with iOS, Android, and Windows devices. Through this system, merchants can process credit cards and check payments for on-the-go customers. All they need is a cellular or WiFi connection.
Planetauthorize can also help merchants with mail and telephone orders. It provides them with a virtual terminal to encode, accept, and process payments. This payment system also has a feature for batch uploading. Merchants can submit multiple transactions for one-time processing. They are also assured of payer authentication features like Verified by Visa® and MasterCard SecureCode™.
Similar to retail merchants, the company also has a POS system specifically for restaurant merchants. Its Restaurant Pro Express terminal accepts swipe and key-in transactions at point-of-sale.
Merchants will also have access to integrated tools to oversee delivery and drive-thru orders, ingredient inventory, customer loyalty programs, and employee time tracking. The POS system also comes with comprehensive reports.
Planetauthorize’s payment systems are capable of accepting over 100 currencies. This is beneficial for customers with international customers. It does this by setting up multiple international merchant accounts, which are integrated into one payment gateway.
Depending on the customer’s currency, payments will go through over 42 payment processor networks. The complete list of currencies is available on the company’s website.
Merchants have options on how to integrate their payment solutions into their business models, such as:
Planetauthorize’s payment systems are compatible with over 100 shopping carts. The full list is available on the company’s website. With this service, merchants can easily incorporate payment solutions into their existing eCommerce platforms. This also includes access to shopping cart features for a more enhanced customer experience.
The company has built-in security features throughout its payment systems. This assures merchants of safe and reliable transactions with their customers. The security features include:
Merchants can include a payer authentication service to avoid fraudulent purchases and fake buyers. Verified by Visa® and MasterCard SecureCode™ are the available options.
Merchant Defender™ is a protective measure for both customers and merchants. It encrypts and removes all customer card details from the merchant’s system during transactions. This applies to any payment method. That way, you eliminate the chances of leaked or stolen data.
iSpyFraud™ is a fraud detection tool developed by Planetauthorize. It is equipped with preset parameters to spot suspicious customers and transactions. Merchants can also customize their thresholds to further prevent fraud. This includes banning users and setting limitations. In addition, you can put potential fraudulent transactions on hold, as well as view past transactions.
The company’s payment systems come with advanced reporting tools for merchants. They can view real-time transactions, payment history, and other reports.
Planetauthorize is one of the few providers that publishes its rates online. Below is a summary of its service and interchange fees. For a more detailed list, you can visit the company’s website.
As listed on its website, below is a list of high-risk industries supported by Planetauthorize.
The Planetauthorize website does not contain merchant testimonials or reviews. It is also not widely reviewed by independent websites. For more information on their current merchants, you will need to directly contact the company.
As proven by its various payment solutions, Planetauthorize is a technology-driven company. It works with different companies to provide merchants with end-to-end payment services. Moreover, it is proactive in creating its own applications to further enhance the merchant’s payment process.