Corefy – A Universal Feature-Rich Payment Orchestration Platform for Online Businesses and Payment Institutions

Omnichannel payment ecosystems are the way of the future. Financial institutions are closing the online/offline banking divide, improving customer experience, and attracting new ones with a digital first approach - while at the same time reducing operational costs. This involves incorporating numerous payment methods for incoming and outgoing payments. Recent increase in consumer demand for a seamless payment experience has resulted in merchants, financial institutions, and many payment service providers adding new payment methods and more payment options. Acquirers and banks want to have a place in these omnichannel ecosystems and alternative payment methods. Payments infrastructures have always been notoriously complex, but with huge advancements in payments technology, the accelerating global charge towards digital payments, and the outsourcing of payment services, this complexity is likely to increase. Payment orchestration could empower a business, facilitate brand enhancement, increase payment security and give service providers the means to streamline your entire online payment process.

Corefy is a payment platform and payments hub for online businesses and payment institutions. The company integrates payment providers and acquirers all around the world to bring a unified communication, control, and management interface. The technical platform provides feature-rich functionality to connect and manage payment services, initiate and process transactions, collect and analyze payment data, and much more. In 2019, Corefy processed 34 million transactions per year. Last year, their platform witnessed a threefold growth, ending 2020 with over 106 million successfully processed transactions. Corefy's team brings together more than 80 specialists with rich and diverse professional and cultural backgrounds. The growing list of Corefy's customers features some major international companies and financial firms worldwide. They can benefit from 200+ ready-made integrations with payment providers and acquirers globally.

Leveraging Best-in-Class Payment Orchestration Services

Unified Online Payments: Corefy's Payments is a unified interface allowing the way of accepting online payments to be centralized, standardized, and streamlined. Connect with hundreds of payment providers and acquirers in a few clicks, getting a clear view and full control of all your transactions. They are constantly striving to enhance their offering and make every payment tool you might think of available and ready for you to use. Orchestrate cash flows across payment providers and acquiring banks. Corefy gives you full control over your payout workflows. One seamless integration enables you to make single and mass payouts quickly and easily with a wide range of payout options to choose from. Corefy equips you with a complete set of intelligent payment processing tools helping to ensure maximum performance of your operations. Seize the flexibility and enjoy the smoothest of cash flows. Corefy’s smart routing engine maximizes payment performance and enables the highest success rates by optimizing all incoming and outgoing transactions in real-time. With this powerful tool on board, you can easily implement and alter various flow strategies.

Payment Service Provider (PSP): The company will save thousands in funds and hit the global market up to ten times faster, while gaining a competitive advantage from having your own branded sophisticated payment infrastructure and capabilities. Provide advanced merchant services for online businesses within a few weeks, having hundreds of connections established for you. Run your own scalable and competitive payment business saving up to 70% in development and operational costs. White label payment gateway is a perfect way to enhance your offering and gain another source of income. Save on processing fees, skyrocket your conversion rates, and increase customers' satisfaction with a refined own-branded checkout solution. The time when payment service providers offered only payment capabilities has passed. To stay competitive today, you have to expand your offering with both global and local options, as well as with value-added services catering to merchants’ needs. Corefy's platform is built upon years of experience in developing payment products and bringing them to the market. It incorporates a myriad of the latest technologies and translates them into a versatile intelligent solution. Having it on board, you can run your own PSP or merchant operations with no hassle.

iGaming: Belonging to the high-risk industry, online gaming & betting projects are prone to fraud attacks and have to strictly comply with the regulations. iGaming business has to cope with gambling payment processing in a range of currencies and methods, handle time-consuming reconciliations, deal with risks and fraud, and optimize conversions. Corefy's solution is an all-inclusive tool to help simplify and unify it all in a single place. Streamline your players’ payment experience with tokenization. They remove the need to reenter the payment details, decreasing the likelihood of data theft and enabling fast & safe one-click online gaming payments for your returning and VIP customers.

The Leader Upfront          

Denys Kyrychenko is a co-founder and the Chief Executive Officer of Corefy. Denys has developed a wealth of knowledge and understanding regarding online payments and has helped to launch successfully multiple PSP and e-wallet solutions.

"At Corefy, we aim to centralize and standardize online payment processing, improve visibility and control over transaction flows, mitigate risks, and improve overall business efficiency."