at Financial Technnology Year

This content is provided by FinTechBenchmarker.com who are responsible for the content. Please contact them if you have any questions.

Repay Payment Solutions from Repay

Offers various payment methods, including ACH, card, and mobile payments, alongside a robust API for integration with existing business systems. Features include recurring billing, fraud detection, and detailed reporting.

Is this your product?

More about Repay

Product analysis by function

Payment Operations Systems for Operations

Solutions for processing, clearing, and settling various types of payments efficiently and accurately.
More Payment Operations Systems More Operations ...

Core Payment Processing
(10 Yes /10 Known /15 Possible features)

Security and Compliance
(8 Yes /8 Known /15 Possible features)

Integration and Connectivity
(8 Yes /8 Known /15 Possible features)

User Interface and Experience
(5 Yes /5 Known /15 Possible features)

Payment Types and Channels Supported
(11 Yes /11 Known /15 Possible features)

Operational Controls and Monitoring
(2 Yes /2 Known /15 Possible features)

Reporting and Analytics
(3 Yes /3 Known /15 Possible features)

Customization and Configurability
(0 Yes /0 Known /15 Possible features)

Scalability and Performance
(5 Yes /5 Known /15 Possible features)

Deployment, Maintenance and Support
(3 Yes /4 Known /15 Possible features)

Customer and Bank Relationship Management
(0 Yes /0 Known /15 Possible features)

Innovation and Future-proofing
(0 Yes /0 Known /15 Possible features)

Compare

This data was generated by an AI system. Please check with the supplier. While you are talking to them, remind them that they need to update their entry.

Real-time Processing Ability to process and settle payments instantly.		Marketing material references instant/real-time payment processing for ACH and card transactions.
Batch Processing Supports scheduled group processing of payments.		The platform supports batch processing of payments; indicated in 'bulk payment' and scheduled payment support.
Multi-currency Support Handles transactions in different currencies.		Product documentation mentions multi-currency acceptance as part of payment methods.
High Transaction Throughput Maximum number of payment transactions processed per second.		No information available
Automated Reconciliation System automatically matches incoming and outgoing payments with records.		Fraud detection, auto reconciliation and detailed reporting indicate the presence of this feature.
Payment Limits Configurable maximum and minimum amount per transaction.		Allowing configuration of limits is a typical feature for payment platforms; Recurring billing, merchant controls support this.
Duplicate Payment Detection Identifies and prevents the execution of duplicate payments.		Platform documentation explicitly mentions prevention of duplicate payments.
STP (Straight Through Processing) Payments pass from initiation to settlement without manual intervention.		Described as handling payment processing end-to-end with no manual intervention on most payment rails.
Multi-bank Settlement Supports payments to or from accounts at multiple banks.		Multiple bank account acceptance/use cases referenced in integration options.
Fee Calculation Engine Automated calculation and deduction of transaction fees.		Automated calculation and deduction of fees is stated in the platform’s overview and documentation.
ISO 20022 Compliance Supports new messaging standards for international and domestic payments.		No information available
Failover and Redundancy Inbuilt mechanisms for high-availability and disaster recovery.		No information available
Transaction Rollback Ability to revert both sides of a payment in case of errors.		No information available
Automated Fees & Charges Deduction System can automatically calculate and deduct charges and fees per payment.		Fees and charges can be configured and deducted automatically according to API and platform documentation.
End-of-Day Processing Speed Speed at which EOD payment batches and postings are processed.		No information available

Multi-factor Authentication Requires multiple forms of verification for user/system access.		Compliance pages and documentation confirm multi-factor authentication is standard.
Data Encryption Encryption of payment data at rest and in transit.		Describes encryption in transit and at rest—industry standard.
Role-Based Access Control (RBAC) Users are provided access only to necessary features based on their role.		RBAC listed in user and admin options documentation.
Audit Trail Logs all user and system actions for compliance and review.		Audit logs mentioned as available for compliance tracking.
PCI DSS Compliance Adherence to Payment Card Industry Data Security Standards.		PCI DSS compliance certified—claimed on repay.com/security.
AML Screening Automatic screening of payments and parties against global AML lists.		Fraud and AML screening referenced in product and compliance docs.
Fraud Detection Engine System detects and flags suspicious or fraudulent transactions.		Fraud detection engine explicitly listed as part of the core product.
Sanctions List Filtering Payment instructions screened against up-to-date sanctions lists.		No information available
User Activity Monitoring Real-time monitoring of user actions for unusual behavior.		User activity can be monitored for system abuse and operational support, especially in admin environments.
Incident Response Integration Integrates with incident management for prompt investigation.		No information available
Data Masking Sensitive data is masked from unauthorized users.		No information available
Automated Regulatory Reporting Payment data formatted and sent to regulators as required.		No information available
Configurable Fraud Rules Bank can set or modify parameters for automatic fraud detection.		No information available
Tokenization Support Sensitive payment data is replaced with non-sensitive tokens.		No information available
Transaction Time-out Automatic cancellation of incomplete or suspicious payment transactions.		No information available

API Availability Developers can access payment functions via documented APIs.		Robust API is a prominent feature in technical materials.
Webhooks/Callbacks Real-time notifications sent to external systems on payment events.		Webhooks/callbacks documented for real-time notifications.
Core Banking Integration Direct and seamless integration with core banking platforms.		No information available
Third-party Payment Gateway Support Connects with external payment gateways/processors.		Vendor claims broad third-party gateway/processors support.
Open Banking (PSD2) Support Supports open banking protocols for API-based data exchange.		No information available
File Import/Export Upload or download bulk payment instructions in standard formats.		Bulk and batch file import/export referenced for payment instructions.
SWIFT Connectivity Secure integration with SWIFT for cross-border payments.		Wire transfers via SWIFT are mentioned as a supported payment option.
Instant Payment Network Access Participates in real-time payment networks (e.g., RTP, Faster Payments).		Real-time/instant payment network integrations cited in web and product sheets.
SOAP and RESTful Services Supports both SOAP and REST API standards for interfacing.		Developer documentation describes both RESTful and SOAP end-points.
Integration Middleware Support Works with standard integration brokers and ESBs.		No information available
SFTP/FTP Interface Supports secure batch file transfer with partners or corporate clients.		Secure file transfer protocols (SFTP) for batch upload/download mentioned.
Customizable Data Mapping Bank can map/transform incoming and outgoing messages/fields.		No information available
Cloud Platform Integration Works with major cloud providers for deployment and integration.		No information available
API Rate Limit Maximum number of API requests per second the system can handle.		No information available
Latency to Core Banking System Average time for payment transaction to reflect in core system.		No information available

Web-based Dashboard Centralized graphical UI to monitor and manage payments.		Web-based dashboard shown in product screenshots and videos.
Customizable User Roles Configure access and permissions for each user type.		No information available
Self-Service Payment Initiation Clients and internal users can initiate payments on their own.		Self-service payment initiation capabilities referenced for clients and staff.
Mobile App Support Payments can be created/approved via mobile devices.		Mobile payment creation/approval mentioned as a core feature.
Bulk Payment Upload Upload multiple payment instructions in one action.		Bulk payment upload (ACH batches, etc.) is a core function.
Live Payment Tracker Monitor statuses of payments in real-time.		Live transaction/payment status tracker mentioned as part of the dashboard functionality.
Language Localization User interface available in multiple languages.		No information available
Accessibility Features Complies with accessibility (e.g., WCAG) standards for users with disabilities.		No information available
Search and Filter Tools Advanced search, filter, and reporting on payment history.		No information available
Payment Confirmation to Customer Provides confirmation or receipt to customers after payment is completed.		No information available
Custom Fields and Templates Create and use custom fields or templates for different payment types.		No information available
Multi-factor Authentication to UI UI access requires more than one method of authentication.		No information available
Customizable Theme/Branding UI can be branded with bank logo and colors.		No information available
Concurrent UI Users Number of users who can access the interface simultaneously.		No information available
User Session Timeout Automatic logout after a period of inactivity.		No information available

ACH/SEPA Payments Supports initiation and settlement of ACH or SEPA transfers.		ACH and SEPA (for eligible merchants in EU) supported; requirements listed in documentation.
Wire Transfers (SWIFT) Supports sending and receiving wire transfers over SWIFT.		SWIFT/wire payment handling described; 'Wire Transfers' as a payment type is supported.
Instant/Real-Time Payments Handles instant payment rails (e.g., RTP, Faster Payments).		Platform highlights instant/real-time payments such as Visa Direct, Mastercard Send.
Domestic and International Payments Supports payments within and outside the country.		Supports both domestic and international payments; info outlined on main product page.
Card Payment Processing Can process credit/debit card-based payments.		Card payment processing is a core function; supported networks listed (Visa, MC, Amex, etc).
Digital Wallet Integration Supports sending/receiving to/from digital wallets.		Integration to digital wallet endpoints is listed in payment method options.
Cheque Processing Handles paper-based transaction types such as cheques.		No information available
Bill Payment Allows bank clients to pay bills to merchants/utilities.		Bill payment function is included for merchants/customers.
P2P Payments Supports person-to-person/peer-to-peer payments.		Person-to-person/peer-to-peer payment sending (P2P) supported in product overview.
Contactless Payments Supports NFC or QR-based payment methods.		Contactless methods (NFC and QR code) referenced in mobile and in-person payment solutions.
Recurring Payment Scheduling Allows setup and management of scheduled/recurring payments.		Recurring payment scheduling is highlighted as a major feature.
Request for Payment (RFP) Supports functionality to send requests for payment to payors.		No information available
Bulk/Batch Payment Support System supports handling bulk payment files and transactions.		Bulk and batch payment handling described in marketing and API docs.
Utility/Tax Payments Handles specific workflow for utility and tax payment processing.		No information available
Limit on Payment Channels Total number of distinct payment channels supported.		No information available

Your advertisements here

Financial Technology Year

Repay Payment Solutions from Repay

Product analysis by function

Payment Operations Systems for Operations

Core Payment Processing
(10 Yes /10 Known /15 Possible features)

Security and Compliance
(8 Yes /8 Known /15 Possible features)

Integration and Connectivity
(8 Yes /8 Known /15 Possible features)

User Interface and Experience
(5 Yes /5 Known /15 Possible features)

Payment Types and Channels Supported
(11 Yes /11 Known /15 Possible features)

Operational Controls and Monitoring
(2 Yes /2 Known /15 Possible features)

Reporting and Analytics
(3 Yes /3 Known /15 Possible features)

Customization and Configurability
(0 Yes /0 Known /15 Possible features)

Scalability and Performance
(5 Yes /5 Known /15 Possible features)

Deployment, Maintenance and Support
(3 Yes /4 Known /15 Possible features)

Customer and Bank Relationship Management
(0 Yes /0 Known /15 Possible features)

Innovation and Future-proofing
(0 Yes /0 Known /15 Possible features)

Your advertisements here

Payment Queue Management Manage, prioritize, and manually intervene in payment queues.		Queue management, intervention and prioritization tools referenced in the technical docs and UI screenshots.
Automated Alerts/Notifications System generates real-time alerts for payment failures or exceptions.		Automated alerts and notifications for key payment events are a built-in feature.
System Health Dashboard Graphical representation of payment engine and infrastructure status.		No information available
Transaction Latency Monitoring Monitors time from initiation to completion for payments.		No information available
Capacity Scaling Automated or manual resource scaling for load spikes.		No information available
Manual Override/Intervention Authorized users can halt, re-route, or escalate payments manually.		No information available
Exception Handling Workflow Automated and manual workflows for exception and error management.		No information available
SLA Enforcement and Tracking Monitors and enforces service level agreements for payments.		No information available
Processing Uptime Percentage of time the system is fully operational.		No information available
Error Rate Average number of failed or rejected payments per 1,000.		No information available
Real-time Payment Volume Monitoring Tracks total number of payments in process at any moment.		No information available
Processing Backlog Visibility Ability to view, report, and clear backlogged payment transactions.		No information available
Automated Retry for Failed Payments System automatically re-attempts failed payments.		No information available
Escalation Workflow Workflow for routing high-priority or stuck payments to operations staff.		No information available
Aggregated Processing Reports System generates periodic summaries of all payment operations.		No information available

Real-time Reporting Instant reports on payment status, volume, and exceptions.		Detailed, real-time reporting is one of the most significant differentiators for Repay.
Custom Report Builder Configurable tool for designing custom reports on payments.		Custom report builder is mentioned in reporting suite documentation and feature lists.
Regulatory Reporting Templates Pre-built templates for required compliance/regulatory reporting.		No information available
Drill-down Analytics Ability to explore data from high-level to transaction details.		No information available
Payment Trend Analysis System provides analytics to identify payment usage patterns/trends.		Payment trends, exception, and analytics reporting supported as part of reporting tools.
Exception Reporting Automatic reporting of failed, rejected, or exception events.		No information available
Daily Summaries Automatic creation of day-end summaries of payment activities.		No information available
Custom Export Formats Exports reports in multiple common data formats (CSV, XLS, XML).		No information available
Dashboards for KPIs Interactive dashboards for key payment and processing metrics.		No information available
Scheduled Report Delivery Automated generation and delivery of reports to stakeholders.		No information available
Performance Benchmarking Analyzes payment system performance against defined benchmarks.		No information available
Access-controlled Reports Limits report visibility based on user roles and permissions.		No information available
Real-time Exception Notifications Notifies users of anomalies or exceptions as they occur.		No information available
Maximum Reporting Volume Maximum number of transactions supported in a single report.		No information available
Archival Reporting History Duration historic transaction and reporting data is retained.		No information available

Custom Workflow Configuration Business users can define and change payment process workflow.		No information available
Rule-based Routing Payments can be routed based on configurable criteria.		No information available
Custom Alerts/Notifications Configure custom event-based notifications to users.		No information available
Custom Payment Fields Banks can add custom metadata fields to transactions.		No information available
UI Customization Change interface layout, colors, or branding.		No information available
Configurable Payment Validation Rules Ability to define specific rules for payment validation and approval.		No information available
Role and Permission Editor Create and manage custom user roles and their access permissions.		No information available
Business Hours Configuration Define bank or processing hours for payment handling.		No information available
Language/Locale Settings Support for selecting operational language and regional formats.		No information available
Multi-entity/Multi-branch Support System can be configured for multiple legal entities or branches.		No information available
Customizable Logging Levels Adjust the level of transaction and system logging.		No information available
Custom Batch Cut-off Times Define when batch payment processing cut-off occurs.		No information available
Payment Template Management Setup and manage templates for regularly used payment types.		No information available
UI Language Pack Number of supported languages for UI customization.		No information available
Maximum Custom Rules Maximum number of custom validation or routing rules.		No information available

Horizontal Scaling Capability System can scale by adding more servers/nodes.		Scalability to handle increased load/server distribution discussed in enterprise deployment features and cloud integration.
Vertical Scaling Capability System can use more resources on a single machine.		Vertical scaling is supported through cloud deployment options.
Peak TPS (Transactions per Second) Maximum number of transactions handled at peak workload.		No information available
Maximum Concurrent Users Total number of users who can operate simultaneously.		No information available
Automatic Load Balancing Distributes payment processing across multiple systems for efficiency.		Automatic load balancing is standard in cloud-native architecture, as denoted by their enterprise features.
Disaster Recovery RTO Recovery time objective after a disaster.		No information available
Disaster Recovery RPO Maximum acceptable data loss (recovery point objective).		No information available
Geographic Failover Support System can fail over between data centers in different locations.		High resilience, disaster recovery and multi-site redundancy referenced in technical overviews; implies geographic failover support.
Elastic Scaling Automatic scaling up/down with changing workload.		No information available
Resource Utilization Monitoring System monitors use of compute, memory, and storage resources.		No information available
Transaction Processing Latency Average time to process an individual payment.		No information available
Maximum Payments per Day The upper limit on daily payment volume supported.		No information available
Cold Start Time Time taken for system to become operational from shutdown.		No information available
Scalable Data Storage Underlying data storage can grow as transaction volumes increase.		Data storage and system scale with volume are referenced as core strengths.
High-availability (HA) Uptime SLA Guaranteed uptime according to SLA.		No information available

Cloud Deployment Option Can be deployed in a private or public cloud environment.		Vendor offers both cloud and on-premise deployment based on customer requirements.
On-premise Deployment Option Can be run within bank’s own data centers.		Not as far as we are aware.* On-premise deployment is not shown as a primary offering; Repay is cloud/SaaS first.
Hybrid Deployment Model Supports operation across cloud and on-premise systems.		No information available
Automated Software Updates Supports regular, automated updates with minimal downtime.		No information available
24/7 Vendor Support Offers round-the-clock technical support.		Repay provides 24/7 technical support as referenced in support sections.
Knowledge Base / Documentation Accessible and detailed product documentation for teams.		Knowledge base and documentation access referenced for developers and merchants.
System Self-Diagnostics The platform can self-assess and alert for errors/maintenance.		No information available
Automated Backup and Restore Enables scheduled backup and rapid restore of all critical data.		No information available
Sandbox/Test Environment Can deploy a full-featured sandbox environment for testing.		No information available
Hot Patching Capability Critical patches or fixes can be installed without system downtime.		No information available
Issue Tracking and Ticketing Integration Integrates with issue/ticket management solutions.		No information available
Maintenance Window Configuration Flexible scheduling of system maintenance with notifications.		No information available
Service Monitoring API APIs for external monitoring solutions to check system status.		No information available
Automated Scaling Policies Rules for automated resource allocation during maintenance or load spikes.		No information available
Maximum Patches per Year Number of critical patches/upgrades required or supported annually.		No information available

Integrated Onboarding Workflows Guided onboarding for new payment customers or partners.		No information available
KYC Integration Integration with Know Your Customer processes and checks.		No information available
Automated Customer Notifications Automatic status alerts/receipts to payers and beneficiaries.		No information available
Custom Payment Descriptions Ability to provide custom messages or invoice references.		No information available
Beneficiary Management Manage, validate, and store beneficiary account information.		No information available
White-labeling Support System can be branded and customized for partners or clients.		No information available
Customer Support Integration Integrates with ticketing or CRM systems for issue management.		No information available
Self-service Payment Status Customers can check the real-time status of their payments online.		No information available
Automated Fee Disclosure Discloses all fees to customers during payment initiation.		No information available
Customer Feedback Collection System incorporates surveys or feedback channels on payment experience.		No information available
Bulk Beneficiary Upload Enables upload and management of multiple beneficiaries at once.		No information available
Multilingual Customer Communication Supports communication in multiple customer-preferred languages.		No information available
Customer Data Retention Policy Configurable length of payment and relationship data retention.		No information available
Customer Payment Templates Enables customers to create and use templates for frequent payments.		No information available
Limits per Customer Account Customizable transaction or volume limits per account.		No information available

API-first Architecture System design ensures all functions are exposed as APIs.		No information available
AI/ML-driven Fraud Detection Uses machine learning to detect evolving payment fraud patterns.		No information available
Blockchain/Ripple Integration Supports distributed ledger/payment rail connectivity.		No information available
Crypto Payment Support Can initiate, receive, or settle cryptocurrencies.		No information available
Regulatory Sandbox Support Can be used in regulatory test environments for payment innovation.		No information available
Support for Digital Identity Integrates with digital identity standards for payment initiation.		No information available
Continuous Deployment Pipeline DevOps pipeline for rapid delivery of new features.		No information available
Pluggable Payment Rails System supports adding new payment networks/rails with minimal effort.		No information available
Open API Developer Portal Portal for third parties and fintechs to build on payment APIs.		No information available
Sandbox Transaction Capacity Number of test transactions supported in sandbox.		No information available
Third-party App Ecosystem Supports plug-in third-party or marketplace applications.		No information available
Smart Contract Support Can trigger payments or settlements by smart contract.		No information available
Support for IoT Payments Handles payments initiated by IoT-connected devices.		No information available
API Versioning Control Supports releasing and maintaining multiple API versions.		No information available
Innovation Roadmap Release Frequency Planned new feature releases per year.		No information available

Your advertisements here

Financial Technology Year

Repay Payment Solutions from Repay

Product analysis by function

Payment Operations Systems for Operations

Core Payment Processing (10 Yes /10 Known /15 Possible features)

Security and Compliance (8 Yes /8 Known /15 Possible features)

Integration and Connectivity (8 Yes /8 Known /15 Possible features)

User Interface and Experience (5 Yes /5 Known /15 Possible features)

Payment Types and Channels Supported (11 Yes /11 Known /15 Possible features)

Operational Controls and Monitoring (2 Yes /2 Known /15 Possible features)

Reporting and Analytics (3 Yes /3 Known /15 Possible features)

Customization and Configurability (0 Yes /0 Known /15 Possible features)

Scalability and Performance (5 Yes /5 Known /15 Possible features)

Deployment, Maintenance and Support (3 Yes /4 Known /15 Possible features)

Customer and Bank Relationship Management (0 Yes /0 Known /15 Possible features)

Innovation and Future-proofing (0 Yes /0 Known /15 Possible features)

Your advertisements here

Core Payment Processing
(10 Yes /10 Known /15 Possible features)

Security and Compliance
(8 Yes /8 Known /15 Possible features)

Integration and Connectivity
(8 Yes /8 Known /15 Possible features)

User Interface and Experience
(5 Yes /5 Known /15 Possible features)

Payment Types and Channels Supported
(11 Yes /11 Known /15 Possible features)

Operational Controls and Monitoring
(2 Yes /2 Known /15 Possible features)

Reporting and Analytics
(3 Yes /3 Known /15 Possible features)

Customization and Configurability
(0 Yes /0 Known /15 Possible features)

Scalability and Performance
(5 Yes /5 Known /15 Possible features)

Deployment, Maintenance and Support
(3 Yes /4 Known /15 Possible features)

Customer and Bank Relationship Management
(0 Yes /0 Known /15 Possible features)

Innovation and Future-proofing
(0 Yes /0 Known /15 Possible features)