How does Spreedly work?
Spreedly lets you capture, secure, and tokenize card data and payment details. To transact effectively, you need to store customers’ credit card, debit card, and other payment methods. Spreedly lets you secure tokenized payment details in a flexible, portable vault.
What is Spreedly payment?
Orchestration. Platform. Spreedly is the first and leading Payments Orchestration solution. We believe the world is better with a diversified, inclusive, payment ecosystem.
Who owns Spreedly?
CEO Justin Benson
Spreedly CEO Justin Benson tells Hypepotamus that the funding will help fulfill three specific company goals designed to increase Spreedly’s value to its customers: fuel product and engineering innovation, invest globally in sales and marketing, and make acquisitions that will deepen Spreedly’s offerings.
Where is Spreedly based?
Join us as we continue to build a great fintech software company in Durham, NC. We develop powerful infrastructure that is central to the massive and growing payments market.
How does tokenization work in payments?
Therefore, tokenized payments are payments in which the PAN is substituted by a token while performing a payment transaction. With tokenized payments, the PAN is not transmitted during the transaction, making the payment more secure. This is the key strength of tokenization as a security measure.
What is Merchant tokenization?
A: Tokenization is the process of replacing a card’s primary account number (PAN)—the 16-digit number on the plastic card—with a unique alternate card number, or “token.” Tokens can be used for mobile point-of-sale transactions, in-app purchases or online purchases.
What is payment orchestration?
What is payments orchestration? Payments orchestration is used to integrate and manage various payment processors, and other payment service providers from one platform or software layer. A payments orchestration platform is software that manages online payment processing from start to finish.
What is primer io?
Primer is the word’s first no-code automation platform for payments. We enable companies to consolidate their payments stack, and build end-to-end payment flows with a checkout developers love. Website https://primer.io. Industries Internet Publishing. Company size 51-200 employees.
How big is Spreedly?
The company has 130 customers, and will do 125,000 transactions this month, totaling roughly $8.5 million. Benson admits that most of Spreedly customers today are smaller startups, who pay for the service on a SaaS model starting at $50 per month and going up to around a couple thousand per month.
Who uses Spreedly?
We have data on 157 companies that use Spreedly….Who uses Spreedly?
When was Spreedly founded?
Spreedly has been around for some time. The company was founded in 2007, but had been focused on subscription-based payments until demand from customers found the team examining a new area involving payments: a cloud-based credit card vault and API platform for sending payments to multiple payment gateways.
How does tokenization work in Blockchain?
Tokenization is a process where some form of assets are converted into a token that can be moved, stored, or recorded on a blockchain. Tokenization in simple terms converts the value of an object like a painting or carbon credit into a token that can be transferred and manipulated on a blockchain system.
What is universal tokenization and how does it work?
Payment methods tokenized by Spreedly are stored at Spreedly, allowing you to independently store a card and then pass that card to different end points based on your business requirements. We refer to the ability to use a Spreedly token against multiple gateways/end points as “universal tokenization”.
What is spreedly and how does it work?
Spreedly is a service that allows you to securely store credit cards and use them to transact against any number of payment gateways and third party APIs. It does this by simultaneously providing a card tokenization/vault service as well as a gateway and receiver integration service.
What is spreedly payments orchestration?
Spreedly is the first and leading Payments Orchestration solution. We believe the world is better with a diversified, inclusive, payment ecosystem. Merchants, marketplaces, and platforms use the Spreedly Payments Orchestration platform to transact with virtually any gateway or payment service.
What is a spreedly wallet?
Spreedly is a service that allows you to securely store credit cards and use them to transact against any number of payment gateways and third party APIs. It does this by simultaneously providing a card tokenization/vault service as well as a gateway and receiver integration service. Payment methods tokenized by Spreedly are stored at Spreedly,