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Pay Future

The local payments connector for emerging markets

Pros

  • Emerging markets
  • Local payments
  • Local representation
  • Fraud management
  • Reporting suite
  • Payin and payout

Cons

  • Available in select regions (also a pro)
  • Some setup and monthly fees

Overview

PayFuture was launched in 2019 by a team of experts who have years of experience in payments technology and cyber security. The business aims to provide the best alternative local payment connector with cutting-edge global payment technology. With their experienced background, PayFuture is poised to revolutionize the industry with their market-leading solutions.

Solutions

Connector Technology Solutions

PayFuture has an innovative Omni Channel connector that enables merchants to connect with local payment types without disrupting the customer experience. This means merchants can expand across their market without the hassle of integrating with the different payment methods for each country.

Merchant Management

The PayFuture Merchant Management System is designed to provide Merchants with an intuitive and insightful view of their transactions. Their graphical interface offers extensive insights into approval and decline rates while also providing an easy-to-understand dashboard. It's a powerful tool that lets their customers keep track of thier business activity and make informed decisions quickly and effectively.

Conversion Recovery

When customers leave a payment page without completing the transaction, it can cost businesses huge losses in profits. This is why PayFuture has created a conversion recovery system that can help merchants recover up to 20% of potentially failed transactions. The potential financial loss associated with failed transactions is significant and can be the difference between a company making a profit or a loss. The PayFuture conversion recovery model helps to reduce this financial burden.

Final Word

PayFuture is hyper-focused on emerging markets and technology offerings to support these markets. Whether this is their local-first approach, conversion optimization and or AI technology, PayFuture seems poised to be a leader in emerging markets for some time to come.

We think this is great. More attention should be paid to emerging markets and the merchants and consumers within them!