We help you make decisions about the creditworthiness and solvency of your clients. With our expertise, payments defaults can be avoided in real time and you can enjoy peace of mind with our purchase on account offer.
Buying on account is still the favourite payment method with online shoppers in Germany, Austria and Switzerland. E-commerce enterprises that don’t provide this option – particularly to first-time customers – face a significantly higher rate of purchase cancellations and, as a consequence, losses in sales. The dilemma: if you accommodate your customers’ wishes and offer them the chance to buy on account, you run the risk of cancelled purchases further down the line.
Regis24’s CreditCheck solves this problem by checking in real time the creditworthiness of (first) customers during the payment process, then sending a recommendation to your system regarding whether the much-favoured purchasing on account offer can be provided to a particular shopper as a payment pathway.
In this way, and grounded in reliable, hard data concerning creditworthiness, you can constantly decide on a case-by-case basis which payment pathways you want to offer.
CreditCheck combines solvency checking and “risk scoring” in real time. This makes it the gatekeeper for online shops, especially for the e-commerce sector in general, and as an intermediary for all payment procedures.
Ideal as a basis for discussion: The free product overview as a printable PDF.
With our CreditCheck service, you ensure you’re protected against the risk of payment cancellations as a result of defaulting, insolvent or unwilling payers.
Interface-based integration:
Faster delivery of results with fully automated data exchange between your internal system and Regis24’s state of the art database, with Regis24’s REST (representational state transfer) API.
Our comprehensive documentation procedures are normally already sufficient for undertaking the Regis24 credit-checking service. Our technicians are of course always on hand to help with integration issues, by video call, mail or telephone.
CreditCheck from Regis24 carries out research in real time using API. This means that, already during the payment procedure, our database is notifying your system of a positive or negative creditworthiness indication for each customer.
A whole new way of analysing your own data relating to purchasing behaviour, creditworthiness and identity indicators.
Our technology safeguards against the constantly growing threat of fraud activities like fake identities and false delivery addresses, account hacking or systematic claims fraud.
We provide a summary of what the introduction of PSD2 (the EU’s revised Payment Services Directive) for banks, financial technology companies (fintechs), payment providers and end users will mean for you.
