What are the benefits of the Valorus fintech solution's merchant payment processing module?

The benefits of the Valorus platform accrue to both the merchant and the customer. Among them:

  • No credit card merchant processing fees, generating savings of about 1.5 to 4.5 percent on each transaction.
  • Virtual elimination of bad debt from credit card transactions.
  • Speedier transactions with a closed-loop mobile wallet system.
  • Greater security without the need for customers to enter sensitive credit card and address information to purchase goods and services online or at brick-and-mortar locations.
  • Faster payment clearing, with merchants instantly receiving funds from customer payments, rather than waiting two or three banking days.