Overview
Omnichannel payment capabilities are table stakes in the modern era, yet many fintechs lack the technology to enable unified commerce. Qolo’s omnichannel payment platform allows you to accept every payment type, and garner the necessary insights from data across channels to continually optimize, all through one API.
First Issue
Until now, fintechs have had to navigate a complex spiderweb of integrations, providers, and technologies to provide an omnichannel payments experience that meets customers where they are.
Second Issue
True omnichannel payment solutions are hard to find and often result in disjointed reconciliation, payment ops, and reporting across channels — a disconnect that leads to missed insights.
Empower Customers With Choice and Speed
Virtual and Physical Cards
The Qolo payments platform enables both virtual and physical cards. Evaluate card transaction data with our proprietary embedded processing technology, INTERACT, and choose whether or not to apply your own authorization logic and funding preferences.
ACH
Qolo offers both standard and same-day ACH as both the originating depository financial institution (ODFI) and receiving depository financial institution (RDFI). Qolo prepares and processes NACHA transactions while abiding with all financial security and control measures.
Original Credit Transactions (OCT) / Push to Card
Real-time push to debit payments enable you to authorize transactions in real time according to your business logic so cardholders can receive funds directly to an account that is linked to their debit card. Our double-entry cloud ledger and reconciliation transaction management system makes reconciliation and tracking a breeze.
Account Funding Transactions (AFT)
Qolo enables you to accept debit cards for low-cost, immediate account funding transactions. Fund your beneficiaries’ accounts through our gateway without touching sensitive data.
Credit / Debit Acceptance
Seamlessly and securely accept debit and credit cards and apply your own authorization logic and funding preferences for each transaction while ensuring a frictionless customer experience. Our unmatched first-party access to bank and payment rails makes it seamless for you to launch highly successful card programs – and scale.
Real-Time Payments (RTP)
As a certified endpoint for The Clearing House, Qolo helps you move money on card and account rails instantly. Send payouts and disbursements, access cash flow daily, and move money in an instant.