Praxis’ latest announcements include a bulk action feature, an improved verification feature, multiple customer profile selection, and new currencies and countries added to the Praxis dashboard.
Praxis Tech Ltd, a financial technology software company, enables online businesses to achieve sustainable growth through seamless online payment solutions. Praxis offers its services around the globe and has announced several releases of new features on its platform. In a constant effort to improve the world of online payments, Praxis aims to serve all business needs across a range of industries with new features on a bi-weekly basis.
One of the most requested features is the verification function, which was designed with merchant and customer security in mind. The verification feature allows merchants to be notified of transactions that need to be “verified” and managed with the correct information about a particular transaction. This ensures that there are no discrepancies between the CRM, PSP and Practice Dashboard. Such discrepancies can be common with online deposits, and this feature serves as a safety net to track any mismatched transactions. The verification feature is constantly evolving to provide more security and control for merchants.
Gateway setup in the Praxis back office allows merchants to have full control over where, when and how payments are processed through each payment solution gateway. Customers can be assigned “profiles,” such as VIP customers or customers from specific locations. Praxis’ new feature allows merchants to add multiple profiles to the gateway’s filter currencies for easier setup and to avoid unnecessary clutter in the gateway settings.
The new Bulk Action feature ensures that merchants spend less time analyzing transactions in pending status because of the delay in receiving the final notification status from a payment solution. Instead of manually reviewing each transaction individually, up to 20 transactions can now be selected simultaneously and reviewed in a batch.
Praxis’ new features allow for easier management of payments. In addition, Praxis has added new currencies and countries to its dashboard. Five new currencies and two new countries have been added, allowing merchants to expand into new markets.