London-headquartered international payment service provider Company has announced the up gradation of its platform with a new payment gateway, called GATE2025.
With this newly launched product, Company has addressed the bottlenecks in the current system and improved it with an innovative architecture. The firm is claiming that GATE2025 can handle 1000 transactions per second and is four times more powerful than its predecessor.
Keeping the competitiveness in the industry in mind, Company has kept the process of integration and customization of GATE2025 very simple. The software is built using microservice architecture, which increases performance by dividing responsibilities among various applications comprising a suite of interdependent elements.
According to Company, the firm successfully reduced the transaction cost in GATE2025 by streaming the gateway’s internal and external cost.
Company’s Head of Product Development, Nikita Mishchenko, commented: “GATE2025 was created with each participant of the payment process in mind, from the merchant to the end-user. For consumers, we implemented Company’s optimized payment interfaces, building a convenient, straightforward customer journey. For the e-Commerce specialists working on behalf of business owners and accessing the payment gateway on a daily basis, we’ve introduced an intuitive interface with customizable settings for maximum comfort and ease of use. For the business owners themselves, we’ve ensured easy access to the information they require enabling the creation of analytical reports in a few simple clicks.”
“And, of course, we took our own requirements into consideration, automating the vast majority of internal processes, “ he added.
The firm further claims that the platform’s microservice architecture permits further expansion of its capabilities by connecting additional services, which will result in more opportunities for higher transaction volumes and an improved processing quality.
“We can confidently state that our current pace of developing innovative payment solutions by far exceeds what is being offered within e-commerce industry at the moment. In fact, we are aiming to provide solutions fit for the future of e-commerce, with GATE2025 most definitely leading the way for payment providers, ” Mishchenko concluded.