Revio helps businesses collect more revenue through better payment experiences and customer interactions. Founded in 2020, our Payment Orchestration, Billing Automation, and Smart Collections solutions enable companies to seamlessly offer new payment methods, reduce failed payments and churn, and expand into new markets at pace. Our platform is powered by rich analytics and payment behaviour data, providing more insight into failed payments to optimise conversion and collections.
Features include:
- Multiple payment methods through a single API at best-in-market rates
- Smart payment routing and automatic failover
- Split settlements into multiple accounts (in different countries and currencies)
- Real-time insight into payment failures
- No-code billing, including invoicing, check-out experiences, and payment links to increase conversion
- Automated dunning and recovery processes, including smart retries
- Proactive payment token expiry and personalised messaging based recovery
- Analytics to identify most successful payment methods and segment customers by profitability and propensity to pay
A PG is a transaction processing technology that captures, stores, and transmits card information from the customer to the acquirer.
A PSP is a financial entity that is authorized to process transactions between buyers and merchants.
A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.
A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.
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