PayTic

What it does

PayTic Connect helps banks, processors, credit unions, and fintech companies optimize the management of their payment card programs including scheme invoice analysis and cost savings, data reconciliation, chargebacks, fraud, regulatory reporting, compliance and more. We have introduced the first end-to-end SaaS platform that centralizes payment data from all key players and automates processes to remove blind spots and reduce manual effort. PayTic is integrated and provisioned with both Mastercard and Visa. When equipped with PayTic Connect, our clients can manage their payment card programs with more confidence and focus on growing their business instead of the daily procedural inefficiencies. To date, PayTic is live with Banks in North America, UK, Europe, North Africa and the Middle-East. PayTic also works with some of the biggest processors including HPS and AFS, not only empowering their internal operations, but creating an entire new set of value-add services that are sold to downstream partner Banks and Fintechs. PayTic Connect is a powerful platform that provides module solutions that function independently, yet in tandem - allowing our clients to choose exactly where they need automation and how they will provide these services to their partners. PayTic Connect is the only SaaS that turns data into automated workflows while also being available via simple drag-and-drop of files, an industry first. This capability allows our Clients to begin using the PayTic platform almost instantly, bringing value to internal teams without being dependent on IT and long integration cycles. PayTic will reach $1M in ARR by the end of 2024.