Transaction Corp installs confidence by conducting live transaction tests with real individuals and authentic payment methods.
Test real transactions using diverse payment methods worldwide. In a landscape filled with intricate payment options and heightened consumer expectations, the capability to test transactions has lagged behind. Dummy credit cards and test sandboxes often provide a false sense of security and reliability. Can you truly trust your transaction execution when testing payments through these methods?
Only by testing with actual, live payment instructions can you be certain that every customer, regardless of their chosen payment method, can complete transactions successfully. Transaction Corp offers access to a global community with thousands of personally owned payment instruments, enabling real, in-market transactions at scale, anywhere in the world, anytime.
Are you integration new payment methods, launching a digital wallet, or expanding into new markets requiring acceptance of local alternative payment methods (APMs)?
Whatever your situation, we’ve got you covered. Transaction Corp connects you with testers who have the specific payment methods and geographic locations you need support for. We oversee their functional payment testing, including live transactions, and compile the results for your team.
Our payment testing is always conducted in the target markets. Our testers are distributed globally and are well-verse in the functionality of each payment method within their respective regions. They report bugs, offer feedback on user experience, and provide receipts, account screenshots, and screen recordings – all accessible to your team to understand the payment process from the customer’s viewpoint. If an issue arises, we verify the fix to ensure a confident release to your customers.
Now is the opportune moment to embrace virtual credit cards
In today's rapidly evolving online transaction landscape. Virtual credit cards (VCCs) are revolutionizing cash flow management, gradually replacing physical cards. According to Juniper Research, VCC transactions totaled $1.9 trillion in 2021, with projections soaring to $6.8 trillion by 2026. VCC payments offer numerous advantages over traditional plastic, including heightened security, simplified bookkeeping, and user-friendly features.
What is a virtual credit card? A virtual credit card is a uniquely generated 16-digit card number acting as a digital surrogate for physical cards, linked to an existing credit card account. Each VCC is randomly generated and conceals sensitive account information, making them ideal for card-not-present and remote transactions, such as online or phone payments.
Secure Unlike plastic credit cards, which expose sensitive financial data during transactions, VCCs offer enhanced security. The one-time-use card number does not divulge actual account details in case of a breach. VCCs also feature stringent controls, allowing you to specify usage parameters, such as vendor restrictions, spending limits, and expiration dates, minimizing the risk of fraud.
Smart Pre-set spending limits for one-time or designated purchases offer improved control and oversight. VCCs provide flexibility akin to plastic cards but with simplified accounting and real-time expenditure tracking. Detailed daily reports offer transparency, while customizable spending thresholds for employees ensure adherence to spending limits. Simple VCCs facilitate fast and secure payments to suppliers and vendors while providing transparency in spending. Each payment contains detailed data, enabling precise tracking of transactions. Virtual cards are user-friendly, particularly when using trusted providers like Transaction Corp. Issuing a VCC involves straightforward steps within the platform, making payment generation hassle-free.
Ready to go virtual? Transaction Corp offers not only VCC issuance but also merchant-acquiring services, streamlining the payment process. With a single platform and contract, Transaction Corp integrates merchant acceptance and virtual payment issuing, enabling businesses to safely accept payments, expedite reconciliation, and reduce fraud in real-time. For e-commerce intermediaries or online marketplaces, now is the opportune time to explore the benefits of Transaction Corps's comprehensive platform.