Products You May Like
RapidCents, the
payment processing platform, that specializes in secure transactions and
automated billing, has announced an expansion to better serve merchants across
North America. The investment aims to cover the development of the application
and the investment of USD 500,000 in advanced AI infrastructure and specialized
hardware + GPUs, according to the organization, which was led by Founder and
CEO Mani Rahnama.
As a
result, Rahnama says this major investment in machine learning is expected to
lead to major advances in fraud protection, chatbot assistance, security, and
marketing. These developments — which Rahnama said condensed projected
timelines — explained that “There’s a growth roadmap that could have taken two
to three years is now deliverable in less than six months with our AI
platform.” And we are doubling down on our company to accelerate progress and
better serve our merchants.”
Virtual Terminals:
Process Payments on-the-go
The
RapidCents platform today includes an intuitive virtual terminal that allows
merchants to take payments from anywhere. This function is advantageous for
businesses with orders from the phone or email and those with no point-of-sale
system. The solution seeks to empower companies of all sizes with fast and
transparent payment experiences, by enabling merchants to securely accept
credit cards regardless of location.
Subscription
Payments: Automated Billing
Recurring
billing is important for many subscription-based businesses, fitness
facilities, and SaaS providers. RapidCents automates these recurring payment
cycles with the least human participation. Its service is designed to allow
businesses to automate billing and minimize mistakes, better manage cash flow,
and keep customers in the longer term.
Introduction
to Chargeback Protection
“Chargebacks
can have a serious impact on a business operation, and erode trust,” Rahnama said.
“RapidCents significantly reduces this risk by including in its low-fee payment
processor over 70 machine-learning-based fraud-detection parameters. Such an
approach helps maintain compliance, limit financial losses, and protect
merchants’ revenue streams.”
Integrated
Engineering Capabilities and customized Solutions
RapidCents
enables integration with popular platforms such as WooCommerce and Microsoft
365 via simple plug-ins or sophisticated API connections. Key features of the
platform include multi-currency support, subscription management, and detailed
analytics. This payment plugin empowers businesses to tailor payment flows to
meet their specific requirements while also maintaining a regulatory balance
via a built-in chargeback prevention system.
Investing
in AI infrastructure in a smart way
The
recent Investment in AI hardware and GPUs by RapidCents supports the machine
learning program through DeepSeek V3, 671B. The technology, already in
immersive heavy training, boosts chatbot functions or security protocols, fraud
detection even marketing. According to Rahnama, the initiative allows for more
rapid and resilient growth across various aspects of the company, noting that
future iterations of RapidCents will now be able to deploy “in a month” which
would take years without AI.
About
RapidCents
RapidCents is a
payment processing solution that includes secure virtual terminals, automated
recurring billing, and powerful chargeback protection. Through AI-guided
attributes and advanced crypto security protocols, RapidCents is built to help
merchants from all verticals who need fast, scalable, and secure payment
options. Users can learn more, by visiting https://rapidcents.com.