Bluefin Payment Systems formally announced today the introduction of the PayConex Payment Gateway and accompanying CardConex Management System.
Bluefin is the leading provider of payment solutions to integrated software vendors (ISVs), SaaS providers and major merchants in the insurance, health/fitness, faith-based, medical, legal, non-profit and transportation industries.
The company has continuously provided debit, credit and ACH solutions for the last several years, but decided to brand their payment gateway as more payment and security features were added over the past 10 months.
"We have worked very hard on optimizing our gateway for partners and merchants, particularly in the security space," said Ruston Miles, Senior Vice President and General Manager, Bluefin eCommerce Division. "From our point-to-point encryption product, to tokenization, to transparent redirection, we feel we have a complete suite of offerings that we wanted to bring to market under the PayConex brand."
In addition to acceptance via virtual terminal, hosted eCommerce pay page, or POS, merchants will soon have the ability to take mobile payments through Bluefin's custom interface, which will be introduced in the second quarter of 2013.
"Mobile is certainly a big part of our strategy to expand PayConex's utility for partners and their merchants," said John M. Perry, Chief Executive Officer. "And as we move through 2013, we will be implementing additional enhancements to our domestic and international platform."
A new accompaniment to the PayConex gateway is Bluefin's CardConex Management System, which provides Bluefin partners a completely paperless, online process for merchant application, boarding, underwriting, and revenue share calculations. CardConex also offers a Partner Portal and dashboard for resellers managing and submitting merchant applications through PayConex.
"Our strategic focus is integrating PayConex with the software platforms of our partners to provide a seamless way for their customers to process electronic payments while enhancing their software's attractiveness," said Perry. "And when partners bring large numbers of clients to Bluefin, we have found that having a completely web-based management system where they can check on the status of their merchants or their respective residuals has made a big difference in convenience, efficiency and profitability."