The Rapid payment processing engine is designed to help your company process a variety of digital transactions including: Direct Deposit, Payroll Cards, Prepaid Debit Cards, Wire Transfers, Mobile Payments, Structured Payments and E-Checks. We put no limitations on how you choose to move your funds
Rapid’s payment platform, used by thousands of business every day, is a proven solution to solve recurring payment issues.
Payments in Real-Time
Everything on the Rapid technology platform is done in real time. When transactions are requested by a cardholder, our system will verify the PIN, verify that the card has not expired, verify that the card remains active, and verify that sufficient balances remain to authorize the transaction.
The transaction is then routed through our card management system and the Interchange Network and settled accordingly. Having the program management tools and the processing engine linked together provides our client partners with piece of mind that their payment network transactions are securely logged and expertly tracked.