We’ve got some fantastic news to share with you! We’ve been hard at work behind the scenes, and we’re thrilled to introduce two major updates that are set to make your experience with Corytech even better: the transition to API 3.0 and a brand-new, improved Merchant App to seamlessly connect you with authorized PSPs, EMIs, and other financial institutions enhancing your ability to manage and optimize your payment processes.

What’s New with the Merchant App?

Our Merchant App has received a major makeover! Now, it’s more powerful and user-friendly, designed to give you even more control over your financial operations:

  • Make deposits and withdraw funds through connected PSPs with even more ease & speed.
  • Exchange currencies through connected PSPs  – yes, including cryptocurrencies!
  • Manage your payment processes more efficiently than ever.

These improvements are all about giving you more flexibility and making your payment process management a breeze.

Meet API 3.0: The Game Changer

We’re also rolling out API 3.0, and it’s packed with awesome features to help you run your business smoother and smarter.

Here’s a deeper dive into what API 3.0 offers:

Cascading

Ever had a payment that couldn’t go through in one go? With our new cascading system, that’s no longer a problem. It smartly manages transaction sequences across multiple PSPs, optimizing payment processing. This means fewer hiccups and a more seamless payment process for you.

Flexible Routing

Every business is unique, and so are its transaction needs. Our flexible routing system lets you customize how transactions are processed. Whether you’re dealing with complex tariffs or specific limits, you can set it up to fit your exact business model, ensuring fast and reliable payment processing every time.

Swift Refunds

Refunds can be a headache, but not anymore. API 3.0 makes refund procedures through connected PSPs transparent and quick. No more long waits or complicated processes – just straightforward and efficient refunds that keep your customers happy.

Handling Overpayments and Underpayments

We get it; sometimes payments don’t match up perfectly. Our system provides tools to help you manage both overpayments and underpayments through connected PSPs. This means you can easily handle excess payments or shortfalls, ensuring that your accounts are processed correctly even if the payment isn’t spot-on.

Easy Payment Cancellation

Need to cancel a payment? No problem. With API 3.0, you can cancel payments and issue refunds through our integrated PSPs without jumping through hoops. It’s all about giving you more control and making the process as smooth as possible.

Why This Matters

At Corytech, we’re always looking for ways to innovate and improve your experience. These updates are designed to help you manage your payment processing more effectively and give you the tools you need to succeed.

We’re super excited about these changes and can’t wait for you to start using them. Head over to corytech.com to check out the new Merchant App and learn more about API 3.0.

Thank you for being part of the Corytech. Here’s to smoother transactions and greater success!

Corytech Team
Written by Corytech Team
Corytech