Clearent’s latest updates help partners execute their go-to-market seamlessly, and merchants to self-serve, driving speed and efficiency.
Clearent by Xplor, a leading U.S. payment processor under Xplor Technologies, announces its new and improved automated onboarding platform, designed to make account set-up faster and easier for its business partners. The application allows merchants to complete self-service enrollment and start processing payments more quickly.
The new and improved platform enhances the user experience and streamlines processes, for agents, Independent Sales Organizations (ISOs), Independent Software Vendors (ISVs) and referral partners. With quicker merchant verification and underwriting, the automated onboarding platform quickens account applications via simple navigation; logic designed to increase data accuracy; auto-reminders; options to save and return; order equipment; and electronic review and sign features.
Latest Fintech News: Brex Launches Payables
For merchants, the benefits of the new and improved experience center on certainty and rate transparency. Merchants can see where they are at every step of the application process, complete their application using any desktop, mobile or tablet device, and get their business up and running, and taking payments, faster than traditional merchant application methods.
Clearent by Xplor’s integrated partners benefit from simplified merchant application flows, reduced application abandonment rates, less customer friction, and the ability to scale more quickly using an all-in-one merchant application and electronic signature experience.
Tyler Barefoot, Payments Program Manager at Dental Intelligence confirms, “Clearent’s automated onboarding solution allows our merchants to be up and running taking payments in as little as 10 minutes, while giving us complete visibility during every stage of their enrollment. With Clearent by Xplor we have confidence that we are providing a simple, easy-to-use process for merchants right from the start. Clearent’s new automated onboarding solution has revolutionized our equipment ordering and deployment process, leading to a substantial increase in average processing volume – 1500% per active terminal account. This significant growth is a testament to the efficiency of the automated onboarding and terminal ordering process. Our partnership has not only streamlined operations but also enabled us to scale effectively and significantly improve our payments revenues.”
Latest Fintech News: Cetera Welcomes A+ Federal Credit Union
Establishing payment processing can be a complicated process for business owners. Automated onboarding helps address these issues by simplifying the merchant services enrollment and application process.
“An effective onboarding tool is essential for merchants as it sets the tone for their entire experience with our payment processing platform. By providing a streamlined and user-friendly enrollment process, we are not only helping merchants save time and resources, but also establishing a solid foundation for their future success,” said Nick Campbell, Chief Product Officer, Payments, Xplor Technologies. “Our goal is to make it as easy as possible for merchants to start taking payments and then grow their businesses with our platform. That starts with a great application experience.”
Latest Fintech News: CPUcoin and Wire Network Partner to Power Edge-ready Decentralized Computation at Scale
[To share your insights with us, please write to sghosh@martechseries.com]
