Inai YC S21

06/03/2023

inai sent out the foundation for cost optimization and route transactions to help you recover successful checkouts.

With inai's no-code solutions, you can:

💳 Offer more than 300 preferred payment methods globally!

🔀 Route payments through the best-performing payment providers & ensure the highest possible number of successful transactions at the lowest possible cost.

✨ Create a beautifully customizable checkout page that meets the needs of both your customers and business.

Now, futureproof your stack with inai's robust routing system 🚀and optimize payment success for every market across the globe 🌏

10/02/2023

One of the leading causes of cart abandonment is the unavailability of preferred payment methods in the APAC region.

The number soaring as high as 60% 📈

Don't let the lack of payment methods affect your opportunities to upsell.

With inai's no-code solutions, you can:

💳 Offer more than 300 preferred payment methods globally!

🔀 Route payments through the best-performing payment providers & ensure the highest possible number of successful transactions at the lowest possible cost.

✨ Create a beautifully customizable checkout page that meets the needs of both your customers and business.

19/01/2023

With inai's Customizable Checkout Creates the Ideal User Experience ⚡️

Choose multiple payment methods and processors with just a click of a button to equip customers in every geography and territory 🌎

Get that extra edge of safety, security and relief with inai's no-code solutions and save hours of man efforts and operational costs

16/01/2023

A full stack payment solution? - Sound like music to the ear of merchants 🎶

Why?

Last year, the value of global eCommerce frauds spiked to $41 billion from $17.5 billion in just four years, costing businesses billions of dollars.

A full-stack payment solution opens up a wider path of opportunities for businesses, just like the name suggests.

Not only does it allow businesses to accept, process, and manage payments as usual, but it also ensures better scalability in line with company growth plans by giving them complete control of their financials.

It lets organizations of all sizes and shapes leverage big data and ensures higher approval rates along with benefits like:

✅ Fraud Prevention
✅ Settlement and reconciliation
✅ Reporting
✅ Checkout Interface

Head over to the blog to get broader insights on full-stack payment solutions and how it gives merchant that edge to scale above and beyond.

As online businesses look to grow and expand their customer reach, a full-stack payment solution is becoming increasingly popular.

19/12/2022

Futureproofing your stack has never been easier!

A simple drag-and-drop workflow to optimize approval rates and transaction costs with built-in failover logic that minimize cart abandonment and increase revenues.

1. Static Routing - Optimize payments by distributing traffic across different PSPs based on country, & payment methods through routing, without writing a code.

2. Dynamic Routing - An algorithm that lets you continuously monitor and tracks payment failures across the payment ecosystem while also making an automatic decision based on:

- Approval Rate,
- Processing Rate,
- Downtime,
- Transaction Charges, and
- Authorization Rate.

3. APM Driven Routing - APM driven routing that helps you eliminate complex issues such as:

- Live Outage Monitoring,
- Fallback/Cascading Mechanism,
- Third-party Risk Scoring.

Now, scale above and beyond your boundaries with inai, and optimize payment success for every market across the globe.

09/12/2022

India finally launched its digital currency on Thursday, December 1, 2022.

And apparently, the transactions gained momentum in the pilots for CBDC, with the wholesale segment averaging Rs 325 crore worth of deals per day in Nov, while in the retail segment, the RBI created Rs 3 crore digital currencies in the first two days of the pilot.

A closed user group (CUG) comprising participating customers and merchants will be using the retail CBDC in the 4 major cities of India -

1. Mumbai,
2. Bangalore,
3. Delhi, and
4. Bhubaneswar.

Click to learn more about digital currency by clicking the link below:

“"India's first official digital currency" Let's unfold everything you need to know about digital currency. A thread 🧵”

05/12/2022

The speed at which you do payment matters, and so does offering multiple payment options to your customers.

People want faster checkout options ⚡

So, offering the right set of payments, vaulted and secured payments, and the right set of experiences can help reduce the number of drop-offs from anywhere between 10 to 60 per cent – depending on the geography you are operating.

Check out the blog to get an expert's view on how to utilize the emerging fintech space and optimize customers' user experience.

Making a financial transaction today is even easier than buying groceries. But, it does not come without challenges. Find out experts’ opinions of the impact of financial technologies on India’s banking systems,.

01/12/2022

According to the RBI reports, UPI, IMPS, NEFT etc., are some of the most used payment methods across the country, and these Real-Time Payments dominate India's Digital Payments Ecosystem.

Here, IMPS accounts for more than 5.1%, and NEFT comes at 4.6%, accounting for the majority of high-value payments for consumers and businesses.

As for credit and debit cards, it need to catch up in terms of all transaction volume, which is a bit of a concern for merchants.

On the contrary, UPI is leading the front by a vast margin. It holds a 72.1% share of the payment system in terms of trans. volume.

UPI is thriving at an unprecedented pace and scale 🌱

What's more astounding is that earlier in sept'22, it crossed the $ 1 trillion milestone in transaction values 📈

So, it goes without saying that offering multiple payment methods is integral for any business and for staying ahead of the curve in the business landscape.

Offering more than one option not only prevents losing unnecessary sales but also :

👉🏽 Attract a wider variety of customers
👉🏽 Allows your customers to make larger purchases
👉🏽 Prevent Cart Abandonment

29/11/2022

Earlier this year, India's banking regulator mandated card tokenization to reinforce the safety and security of card data 💳

And A lot has happened ever since.

The regulators have extended the deadline thrice for the payment aggregators to comply with tokenization norms.

To give you a little context, Tokenization is basically the replacement of actual card details with an alternate code called the "token" to ensure better security and reduce fraud.

And now, things are escalating quickly.

The banks have geared up for the new regime, the regulators have already put the policy into effect from the 1st of last month, and now merchants and payment aggregators are prohibited from storing sensitive card information on their databases.

Check out the blog to learn more about Card Tokenization ⬇️

This blog discusses everything from what tokenization is to the guidelines issued by RBI in relation to tokenization.

22/11/2022

The word " Orchestration" has been in the payment ecosystem for quite a while now.

Some often intertwine the term "payment orchestration platform" with either payment aggregator or payment service provider.

Unlike these two, a payment orchestration platform is not directly involved in the transfer of money. Instead, it serves as a tool for coordinating payments between different entities.

Whereas, A PSP provides a merchant account and payment gateway for collecting and managing payments. In contrast, a payment gateway provides software to process credit card transactions between the merchant and the customer.

Check out the blog to learn more about the Payment Orchestration Platform ⬇️

Payment orchestration is most popularly associated with eCommerce platforms; head over to the blog to know more about the 7 best payment orchestration platform