Pay with Bolt is a cloud-based software solution that integrates multiple payment portals into a single, centralized platform. It introduces a system with more than 20 payment providers, 125 countries where people can subscribe to the solution and 10-plus payment methods.
Instead of relying on outdated practices when it comes to processing payments, you can rely on Pay with Bolt’s services to provide consistent checkout experiences and merchant onboarding tools.
When opening up your own business or online store, it’s important to provide an efficient and functional gateway for customers to pay their dues and balances. Pay with Bolt assists SaaS by providing the most popular payment methods, making it easier for businesses and companies to process customer payments. While several industries can make use of this platform, its services are best used by online retailers.
Considered as the first end-to-end product when it comes to accepting payments online, Bolt has an algorithmic layer that scrutinizes customers by dissecting behavioral data based on shopping carts, chargeback, and checkout process information to predict fraudulent activity. Instead of automatically blocking and inadvertently flagging legitimate clients, Bolt efficiently and thoroughly scours requests to ensure everything has been checked.
Additionally, what makes Bolt different from other payment platforms is the fact that users can find everything in its single, centralized system. Instead of simply providing different tools for a payment platform, such as fraud detection services, payment gateways, payment processors and shopping carts, Bolt integrates all of these tools within its services.
Pay with Bolt Features
Pay with Bolt provides merchants and users with many features, including:
Multiple payment portals
Powerful integrations with powerful payment gateways are found in Pay with Bolt. This means users are given a variety of tools and options to process payments from their customers. It also serves to automate any recurring or repetitive tasks. Under this category, users find several tools to help process payments.
Pre-built merchant onboarding
When it comes to onboarding your merchants, you don’t have to build an interface specifically catered for them. Instead, they’ll simply pick their preferred payment provider. This lessens the hassle and stress on your part. Additionally, Bolt has a dashboard catered specifically for merchants.
Consistent checkout experiences
Pay with Bolt has ensured customers spend less time and effort in filling out required fields when they’re checking out their orders. Even if your merchants have different payment options, the customer checkout interface will still have a similar outlook across these platforms. If your customers are paying for products from different merchants, they won’t be confused by the varied payment options.
Payment portals
When you go live on your website, users can see all connected accounts along with their transaction history.
Recurring payments
To decrease the manual effort of repeatedly filling out invoices for the same people and their same orders, you can submit a payment request to Bolt to automate recurring payments.
Save cards
Pay with Bolt lets you save credit card information. This is especially helpful when it comes to recurring payments. This ensures customers don’t have to fill in their details every time they check out their orders.
Refunds
When it comes to processing refunds, Bolt’s services make it easier for the manager’s side by letting them process these requests using the API.
Reseller and white label options
Pay with Bolt offers reseller and white-label options to its users. For resellers, their invoices are printed with Bolt’s company logo. However, for those merchants who opt to use the white label option, they have to pay additional charges just to add their own brand.
Simple-to-use API
Bolt comes with a simple-to-use API that is embedded with a PCI DSS compliant payment. With this feature, users are able to catch webhooks and trigger events.
Pay with Bolt Benefits
When it comes to Bolt, the platform also provides many intuitive benefits for users and merchants, such as:
Advanced fraud tools
Bolt’s advanced tools are what set it apart from other payment platforms. The solution has an in-house review team and risk tools to check any fraudulent attempts. Instead of just blindly blocking any suspicious activity, users can ensure they’re not turning away any legitimate transactions. Compared to other platforms that use algorithms to instantaneously detect fraud, Bolt makes sure to review and check out these said transactions so you won’t miss out on any payments from legitimate customers.
Faster checkout
Bolt ensures less effort and time experienced when customers fill out the necessary fields with their required information. With its simple but efficient checkout experience, customers are also given the option to apply for an account after they’ve checked out their orders. Accordingly, this lessens the risk of these customers abandoning their carts.
Merchant dashboard
Merchants find it easier to accept and process payments since Bolt provides them with a virtual terminal. This means they can check out their payments using their devices, such as phones and computers. Having their own separate dashboard entails tools catered for accounting, record-keeping and analytics.
Pay with Bolt Pricing
Pay with Bolt caters its services according to your business requirements. Its pricing depends primarily on three factors: volume, risk and the complexity of your payments. However, at the end of the day, what you’ll get is a rate specifically catered for what your business requires.
Even though the services are typically meant for online retailers with seven to nine figures in their annual sales volume, users are more than welcome to sign up for Bolt’s one-week challenge. This challenge lets you sign up, read the documentation, create a test application, choose publishing options and go live.
Bolt also has a Standard pricing bundle, complete with White Label options. It starts at $2,600 per month. For every transaction, you are charged with $0.03. This package includes a Sandbox mode, Live Payments, Payment Provider Switches, Checkout Components, Onboarding Components, Access to Developer Portals and a level 1 PCI DSS compliant.
Under this package, you’ll get to choose which merchant to use for your branding. It should be noted that an activation fee is included in this plan. You’ll also have the benefit of having Gold Support.
Conclusion
At the end of the day, if you’re looking for a platform that has everything you need when it comes to processing payments, then consider Pay with Bolt’s services. Not only does it offer powerful tools when it comes to anti-fraud, API and several payment providers but it also increases the efficiency of the checkout experience.
From the perspective of the managers and administration, handling payment processes with the help of Bolt’s services requires less effort and cost.
