Gala Technology reports surge in business with innovative SOTpay solution
By Gloria Methri
UK-based PayTech provider Gala Technology has reported a surge in business due to the innovative additions to its payment technology, SOTpay. The new SOTpay Pay-by-link Technology has remedied many companies’ pain points across various sectors, adding value to businesses across the UK and Europe.
The Agent Attended telephone payments, recurring payments, Card-On-File, and other innovative payment tools are assisting companies in making a fully controlled digital transformation seamlessly.
Case studies show that SOTpay saves businesses tens and hundreds of thousands annually from reduced acquiring fees, non-compliance fees, chargebacks, and labour reduction. The technology is scalable and can fit any business or operation, from sole traders to call centres with thousands of employees.
The system takes away all the suffering pain points of credit card fraud and fraud-related chargebacks, PCI Compliance, and opens the door to accepting more payments in more channels.
According to Steve Biggs, CTO of Gala Technology, SOTpay was the first agnostic Pay-by-link technology that successfully delivered the new Open Banking payment facility required for high ticket purchases.
Commenting on the surge in business, CEO Jason Mace said, “We are thrilled to see businesses across the UK and Europe benefiting from our innovative payment technology. SOTpay is truly revolutionising payments, making them safer, easier, and more efficient for businesses and their customers.”
Recent recruit BDM Chris Evans added, “SOTpay’s technology is game-changing for businesses of all sizes. The ability to seamlessly accept payments across multiple channels, while reducing costs and protecting against fraud, is a significant advantage in today’s digital landscape.”
IBSi Daily News Analysis
July 19, 2024
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