Toronto, Canada, February fifth, 2025, FinanceWire
RapidCents, the cost processing platform, that makes a speciality of safe transactions and automatic billing, has introduced an enlargement to higher serve retailers throughout North America. The funding goals to cowl the event of the appliance and the funding of USD 500,000 in superior AI infrastructure and specialised {hardware} + GPUs, in response to the group, which was led by Founder and CEO Mani Rahnama.
In consequence, Rahnama says this main funding in machine studying is predicted to result in main advances in fraud safety, chatbot help, safety, and advertising. These developments — which Rahnama mentioned condensed projected timelines — defined that “There’s a progress roadmap that might have taken two to a few years is now deliverable in lower than six months with our AI platform.” And we’re doubling down on our firm to speed up progress and higher serve our retailers.”
Digital Terminals: Course of Funds on-the-go
The RapidCents platform right this moment contains an intuitive digital terminal that permits retailers to take funds from anyplace. This operate is advantageous for companies with orders from the telephone or e-mail and people with no point-of-sale system. The answer seeks to empower corporations of all sizes with quick and clear cost experiences, by enabling retailers to securely settle for bank cards no matter location.
Subscription Funds: Automated Billing
Recurring billing is vital for a lot of subscription-based companies, health services, and SaaS suppliers. RapidCents automates these recurring cost cycles with the least human participation. Its service is designed to permit companies to automate billing and reduce errors, higher handle money stream, and maintain clients in the long term.
Introduction to Chargeback Safety
“Chargebacks can have a critical impression on a enterprise operation, and erode belief,” Rahnama mentioned. “RapidCents considerably reduces this threat by together with in its low-fee cost processor over 70 machine-learning-based fraud-detection parameters. Such an method helps preserve compliance, restrict monetary losses, and defend retailers’ income streams.”
Built-in Engineering Capabilities and customised Options
RapidCents allows integration with widespread platforms equivalent to WooCommerce and Microsoft 365 by way of easy plug-ins or refined API connections. Key options of the platform embody multi-currency assist, subscription administration, and detailed analytics. This cost plugin empowers companies to tailor cost flows to satisfy their particular necessities whereas additionally sustaining a regulatory stability by way of a built-in chargeback prevention system.
Investing in AI infrastructure in a sensible method
The current Funding in AI {hardware} and GPUs by RapidCents helps the machine studying program by way of DeepSeek V3, 671B. The expertise, already in immersive heavy coaching, boosts chatbot features or safety protocols, fraud detection even advertising. In accordance with Rahnama, the initiative permits for extra speedy and resilient progress throughout varied features of the corporate, noting that future iterations of RapidCents will now be capable of deploy “in a month” which might take years with out AI.
About RapidCents
RapidCents is a cost processing answer that features safe digital terminals, automated recurring billing, and highly effective chargeback safety. By way of AI-guided attributes and superior crypto safety protocols, RapidCents is constructed to assist retailers from all verticals who want quick, scalable, and safe cost choices. Customers can study extra, by visiting https://rapidcents.com.
Contact
Carlo
John
RapidCents Inc
[email protected]
+1 (844) 957-2743
