INFINICEPT LAUNCHES UNDERWRITING ON DEMAND, PROVIDING INSTANT AUTOMATED MERCHANT UNDERWRITING FOR ANY PAYMENTS COMPANY
Infinicept, creators of the innovative, turnkey payments platform Payment Facilitator in a Box™, launches unprecedented underwriting on demand (UWoD) functionality, extending frictionless underwriting pioneered in the Payment Facilitator model to the entire merchant acquiring market.
“Underwriting on Demand is a true differentiator in the industry,” said Todd Ablowitz, Co-Founder and chief executive officer of Infinicept and payments consultancy Double Diamond Group. “The Payment Facilitator ecosystem is a $4.4 billion opportunity by 2021, and it is completely disrupting traditional ISOs and acquirers. PFs know that rapid onboarding is crucial for growth, yet underwriting is one of the functions you must get right. Underwriting on Demand provides that rare combination of a beautiful system out-of-the-box, while allowing just about anything to be configured. It really is the best of both worlds and best of all it is backed by the industry’s premier risk and compliance experts.”