Intelligent Routing

Reepay's Intelligent Routing makes it possible for you to minimize your acquiring costs. You may have one acquirer agreement with low prices for domestic cards while another agreement gives you lower prices for international cards. By using Reepay Intelligent Routing the payment is automatically routed to the acquirer with the lowest cost. The Intelligent Routing is based on our new Fee Configuration, where you easily can configure your acquiring fees.

If you are interested in using this functionality, please contact your Reepay contact person or ask in the chat, to get more details and pricing on this new feature.


Card verification

We are happy to announce a new great feature called Card Verification.

The Card Verification operation checks the validity of a stored card without making an actual authorisation on the card. That is, the check will not be visible to the cardholder on their bank statement.

This allows you to check a card's validity before doing an actual charge on the card.

Currently this operation is only supported for the following acquirers: Nets, Swedbank, Bambora and Valitor. The operation is supported by our API, read more here: 

https://reference.reepay.com/api/#card-verification

Best regards
The Reepay Team

Resurs Bank Integration

We have partnered with Resurs Bank and are now ready with an integration. Resurs Bank is a Nordic finance company that offers attractive installment payment solutions. Do you want to hear about the opportunities? Contact Michael Abild at michael.Abild@resurs.dk or Thomas Petersen at thomas.Petersen@resurs.dk from Resurs Bank.

Subscription trial for fixed period scheduling

It is now possible to use trial for fixed day scheduling, e.g. billing on the first of every month. If trial is used the subscription will be in trial and billed at the end of the trial period. The billing at the end of the trial period depends on the configured partial period handling. If proration is used, a prorated invoice will be made for the remaining billing period until the fixed scheduling day.

As an example consider a subscription plan with billing every first of the month and a seven day trial period. If a customer signs-up on the 14th, the trial will run until the 21st where the customer will be billed prorated for the period 21st to end-of-month.

To configure trial on a plan go to: Configuration → Plans → Create/supersede → Trial.

Cheers, Reepay

Apple Pay

We now support one of the best payment methods for fast checkout and better conversion.

Apple Pay is a mobile payment and digital wallet service by Apple Inc. that allows users to pay online and in person. With our new integration for Apple Pay, you can increase your conversion by offering the extremely simplified payment experience, that Apple Pay provides.

We do not charge you any additional cost for the use og Apple Pay. You only pay your existing payment gateway and acquiring fees.

Activate Apple Pay today by logging in to your Reepay Dashboard and follow this guide: https://intercom.help/reepay/en/articles/3328290-how-to-configure-apple-pay

Cheers, Reepay

Customer initiated payments with saved cards

When charging a customer, where the customer is present in the payment flow (Customer Initiated Transaction), coming PSD2 regulations require that the card holder is strongly authenticated (e.g. 3D Secure), except for some exemption cases. Read more about PSD2 here: https://blog.reepay.com/psd2-strong-customer-authentication/ This will affect the use of saved cards for easy checkouts, as the card cannot be used without Strong Customer Authentication (SCA) in the card holder present scenario.

To remedy this, Reepay Checkout now offers an option to start a checkout charge session with a saved card (card-on-file). The customer will be sent directly to Strong Customer Authentication and directly back afterwards with success or error indication. In some cases SCA is not necessary, so the customer will not be prompted with any request for information during the payment session. See: https://docs.reepay.com/reference#card-on-file

Notice that Merchant Initiated Transactions, that is payments initiated by the merchant (or a party acting on behalf of the merchant - e.g. Reepay), where the customer is not present in the payment flow, are out-of-scope for SCA. In this scenario payments with saved cards can still be performed using the Charge API (https://reference.reepay.com/api/#charge).

Cheers, Reepay

PayPal

Reepay now supports PayPal as a payment method for one-off payments.

According to several surveys, 59% of PayPal users have abandoned a transaction because PayPal wasn’t there.

Businesses can establish trust with consumers by offering preferred payment methods; 44% are more likely to trust and shop with businesses with a preferred payment provider and good payments process.

To setup PayPal follow this help article: https://intercom.help/reepay/en/articles/3315950-how-to-configure-paypal

Cheers, Reepay

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