FinTech Awards 2023 Wealth & Finance 36. Jun23520 Most User-Friendly Payment Software Developer 2023 - Canada Zūm Rails Inc. have worked hard to innovate and redefine the fintech industry, exemplified by its recent recognition as the Most User-Friendly Payment Software Developer in Canada for 2023, which cements its position as an industry trailblazer. We see how Zūm Rails is shaping a seamless and secure payment landscape, poised to redefine the future of transactions. Amongst well-renowned businesses in a thriving industry, Zūm Rails emerges as a leading player, redefining how payments are processed and experienced. Zūm Rails’ allin-one payments software reflects its ability to innovate and provide customer-centric solutions. The company’s services encompass data aggregation, instant payments, and open banking capabilities, creating a seamless payments journey from onboarding to posttransaction operations. Zūm Rails stands out by offering the flexibility to utilise any payment rail, including Visa Direct, Interac, EFT, and credit cards. This adaptability empowers customers to choose the payment method that aligns best with their specific requirements. The software’s robust architecture is fortified with aggregation and KYC (Know Your Customer) data, effectively mitigating fraud risks while delivering a frictionless experience for end users. Moreover, Zūm Rails streamlines invoicing processes and automates push-andpull recurring payments, optimising the entire billing cycle. Central to Zūm Rails’ value proposition is the Partner Portal, a built-in feature that enables users to oversee customer transactions and glean valuable insights. This functionality can be harnessed directly through the Zūm Rails portal or seamlessly integrated into existing systems via the API. The software’s holistic design addresses every facet of the payment journey, providing a unified platform for overseeing payments comprehensively. Taking security seriously is paramount at Zūm Rails, evident in its SOC 2 and PCI level 1 compliance. Network, data, and application security are prioritised to align with industry standards and best practices. In the dynamic realm of fintech, Zūm Rails introduces pioneering solutions by converging open banking and instant payments. Unlike traditional approaches where these two concepts operate parallel, Zūm Rails seamlessly integrates them. The company facilitates secure instant transactions by leveraging data aggregation and open banking during onboarding, optimising efficiency while ensuring user-friendliness. This approach underscores Zūm Rails’ product-centric philosophy, identifying pain points as avenues for innovation and aligning with the digitally empowered landscape. Zūm Rails’ outstanding approach to client success is reflected in its user-oriented approach. The company empowers clients from onboarding onward, providing a user-friendly portal with an extensive knowledge base. This resource hub encompasses videos and stepby-step guides to facilitate clients’ engagement. Moreover, Zūm Rails’ customer support team offers around-the-clock assistance through email and an in-platform chatbot, guaranteeing timely responses and solutions. Zūm Rails maintains its cutting-edge status in an ever-evolving market through its usercentric approach and market-responsive enhancements. The company’s trajectory extends beyond conventional payment processing, consistently enhancing features to align with user needs and experiences. The internal culture at Zūm Rails is a true driving force. The company’s mission to simplify payment complexities and eliminate friction is upheld by a team of problem solvers dedicated to redefining payment paradigms. The firm boasts an impressive user retention rate, a testament to the team’s solutions-oriented mindset and dedication to customer experience. Now, Zūm Rails envisions expansion into the US market by the close of 2023, marking a significant milestone in the company’s growth trajectory. The future holds continuous development and feature enrichment driven by user requirements and feedback. Zūm Rails emerges as a beacon of innovation in a world where payments transcend fund movement. The company’s holistic approach reflects its aspiration to excel as a payment platform and as a comprehensive “financial interaction” tool, poised to elevate efficiency, reduce drop-offs, and minimise risk in the financial landscape. With its accolade of “Most User-Friendly Payment Software Developer 2023 - Canada”, Zūm Rails solidifies its status as a visionary leader in the fintech domain. Overall, it is clear to see why the company has leapt ahead of its competitors, and we at Wealth & Finance cannot wait to see how far the company goes. At the moment, there appears to be no ceiling for the firm’s innovation, and there is certainly a bright future ahead. Company Name: Zūm Rails Contact Name: Marc Milewski Contact Email: [email protected] Web Address: zumrails.com
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