PaymentKit
Enterprise multi-processor billing and payment orchestration platform
About PaymentKit
PaymentKit is an enterprise multi-processor billing and payment orchestration platform for managing the money lifecycle from customer signup to revenue settlement. It supports smart routing and cascading to send transactions to processors more likely to approve them, plus token portability; it also provides Apple Pay and Google Pay checkout, network tokenization, failed payment recovery, and flat-rate, tiered, usage-based, and hybrid pricing models. The official site states that switching to smart routing and cascading can raise brand authorization rates by 10%+ on average, while failed payment recovery improves by 12.4% on average. Integration can be completed in one hour through the API, SDK, and sandbox.
Best for
Best use cases
Multi-processor transaction routing
Custom checkout experience
Failed payment recovery
Payment API integration
Features
Payment orchestration
Sends each transaction to the processor most likely to approve it.
Smart routing and cascading
The official site states that switching can raise brand authorization rates by 10%+ on average.
Wallet tokenization
Supports Apple Pay and Google Pay checkout and stores credentials as enterprise-controlled network tokens.
Fast integration
Provides an API, SDK, and sandbox; the official site states integration can be completed in one hour.
Pros
- The official site states that smart routing and cascading can raise brand authorization rates by 10%+ on average
- The official site states that failed payment recovery improves by 12.4% on average
- Supports token portability
- Provides Apple Pay and Google Pay checkout