PayPoint’s MultiPay helps businesses fight PCI compliance challenges

By Megha Bhattacharya

PayPoint today stated that its platform MultiPay aims to help businesses to overcome the financial challenges of achieving PCI compliance. The FinTech PayPoint enables these businesses to quickly and easily protect their customer data and comply with the regulations.

According to the FinTech, MultiPay offers self-serve options for customers, digital payment options, white labelled end-to-end solutions and a better customer journey.

Danny Vant, Client Services Director at PayPoint commented, “Meeting global PCI Security Standards Council requirements is critical for any business accepting card payments. Unfortunately, now more than ever, businesses are struggling to secure the investment required for ensuring long term data security and compliance, meaning sensitive payment data for thousands of customers is left unprotected.

“The good news is that PayPoint can help businesses overcome the hurdles. Not only is its MultiPay suite of solutions PCI DSS compliant, it also significantly enhances the merchants control without sacrificing the user experience, making it a win-win for businesses and its customers.”

Recently, PayPoint announced that it will be enhancing its digital solution PayByLink in a bid to offer greater support for the financially vulnerable users. PayByLink allows companies to send customised payment reminders by email or SMS, enabling quick payments. The new development in PayByLink Recurring Payments will now enable customers to decide whether to make a single, one-off payment or set up a recurring payment.

MultiPay is an integrated solution offering a full suite of digital payments. It enables transactions online and through smartphone apps and text messages, as well as over the counter, over the phone and via interactive voice response (IVR) systems. It also supports a full range of Direct Debit options, including scheduling collections.