Backpack, the all-in-one back office SaaS solution for financial service companies, has just announced the launch of Backpack Pay in conjunction with Praxis Cashier, the leading payment software provider for the fintech industry. The launch of this new product will provide Backpack users a seamless alternative to accepting payments and maximizing their purchasing potential from almost anywhere.
Singapore, March 21, 2019
Backpack is pleased to announce the formal launch of Backpack Pay, offering a wide range of smart payment solutions to the company’s rapidly expanding pool of customers around the world. This new product has been launched by Backpack in collaboration with Praxis Cashier System Ltd, a trusted provider of payment software in the fintech space.
An all-in-one back office SaaS platform, Backpack now offers a suite of six highly efficient modules operating as one holistic solution. Their latest product Backpack Pay functions as a Payment Cashier that can be integrated as a widget with just a few lines of code, and is now available for MT4, MT5 and WOW TRADER trading platforms.
Mentioned below are some of the key features of Backpack Pay payment solution:
• Allows businesses to accept all major debit and credit cards from customers around the world in more than one hundred different currencies. It currently supports more than three hundred payment gateways.
• Backpack Pay data can be synced with all existing systems including most known trading platforms. As a result, reporting and reconciliation becomes effortless for the financial teams.
• Backpack Pay comes with its very intuitive responsive user interface to ensure a smooth checkout experience, delivering a simple, fast, and ready-made payment gateway that is uncomplicated to use as well as implement at the back end.
More about Backpack Pay can be found at https://www.backpack.io/
“Backpack Pay has been tailored to suit the requirements of businesses looking to overcome their payment related obstacles which became a huge challenge for many companies nowadays,” said Yoni Avital, the CEO at Backpack. “It is a matter of great satisfaction for us to team up with an industry leader such as Praxis Cashier for the creation of this cutting edge payment solution.”
“Praxis Cashier is excited to power BackPack Pay with tons of great features. These include: a payment page every merchant can customize on their own, several NEW processors integrated weekly, 150+ existing psp integrations, options for pre-authorization and capturing from one dashboard for multiple psp, unified reporting, smart credit card routing, dynamic limit rules/settings and more! Backpack Pay will get to be amongst the first to use our Praxis Asia tool that gives merchants access to many CUP and South East Asian instant bank transfer solutions from one dashboard. As well as Praxis Gate (PCI Certified) that offers merchants the option of embedding credit card form fields on their own payment form.” said Amit, , said Amit Klatchko, Praxis Cashier’s founder and director.
Backpack: Headquartered in Singapore, Backpack is one of the leading suppliers of middleware back office solutions for clients in the financial industry, retail broking, and electronic trading technology. The company offers six technologies built as one solution, supporting more than sixty financial firms and covering almost all aspects of the back office needs of the capital markets industry.
Praxis Cashier is a technology provider that has developed the ultimate smart cashier software designed with Fintech, Online Gaming, Travel and E-commerce businesses in mind. Praxis Cashier software made to overcome high-risk processing difficulties, bring industrial peace to companies and increase transaction approval rates at various websites by more than 15%. With staff based in San Jose, Barcelona, Limassol and Kharkiv there is tech and support coverage non-stop.