Toronto, Canada, February 5, 2025, FinanceWire
RapidCents, a payment processing platform specializing in secure trading and automated billing, has announced an expansion to provide services suitable for merchants across North America. The investment aims to cover the development and investment of US$500,000 applications on advanced AI infrastructure and specialized hardware + GPUs, according to an organization led by founder and CEO Mani Ranama.
As a result, Rahnama said this major investment in machine learning is expected to lead to major advances in fraud protection, chatbot assistance, security and marketing. These developments, as Rahnama condensed forecast timeline said, “There is a growth roadmap that took two to three years within six months on the AI platform.” And we doubled our company, accelerated our progress and serve merchants better. ”
Virtual terminal: Process payments with advance payment
Today’s RapidCents platform includes intuitive virtual devices that allow merchants to receive payments from anywhere. This function is advantageous for businesses with orders from phone or email, and for businesses without a POSS-of-SALE system. The solution seeks to provide a fast and transparent payment experience for businesses of all sizes by enabling merchants to safely accept credit cards no matter where they are located.
Subscription Payment: Automatic billing
Repeated billing is important for many subscription-based businesses, fitness facilities and SAAS providers. RapidCents automates these repetitive payment cycles with the least human participation. The services are designed to help businesses automate billing, minimize mistakes, better manage cash flow, and keep customers in the long term.
Introducing chargeback protection
“Chargebacks can have a serious impact on business operations and erode trust,” Ranama said. “RapidCents significantly reduces this risk by inclusion in low-cost payment processors that exceed 70 machine learning-based fraud detection parameters. Such an approach will maintain compliance and limit financial losses. , helps to protect the revenue streams of merchants.”
Integrated engineering capabilities and customized solutions
RapidCents allows integration with popular platforms such as WooCommerce and Microsoft 365 via simple plugins or sophisticated API connections. Key features of the platform include multi-currency support, subscription management, and in-depth analysis. This payment plugin allows businesses to adjust payment flows to meet specific requirements, while also allowing them to maintain their regulatory balances through a built-in chargeback prevention system.
Invest in AI infrastructure in a smart way
RapidCents’ recent investment in AI hardware and GPUs supports machine learning programs through the DeepSeek V3, 671b. Already immersive and heavily trained, the technology enhances chatbot capabilities or security protocols, and even detects fraud detection. According to Rahnama, the initiative will allow for faster and more resilient growth in various aspects of the company, and with the future iteration of rapidcents, it will allow it to be deployed in a “month” that takes years without AI. It’s become.
About Rapid Cent
RapidCents is a payment processing solution that includes secure virtual terminals, automated invoices and powerful chargeback protection. Rapidcents is built to help all vertical merchants who need fast, scalable and secure payment options through AI-guided attributes and advanced cryptographic security protocols. Users can visit https://rapicents.com to find out more.
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