quickpenny

QuickPenny is a payment app that bypasses the debit and credit card network to save merchants’ money. All customers pay from their bank account, so QuickPenny can offer payment processing fees that are over 2% of the purchase price less than other payment processors. With the fee savings, merchants can optionally fund a customer loyalty program that we facilitate. Merchants set the loyalty rate and expiration date of any rewards, and we automatically manage everything.
Merchants do not benefit from credit card points because those points can be used anywhere. With QuickPenny, rewards can only be used at the merchant where the rewards were earned. This will drive repeat business. The first 2% of rewards is essentially free since that is how much more it would cost to process credit and debit cards with an alternative like Stripe or PayPal. Assuming less than half of customers redeem, merchants can offer rewards of 4% or more through QuickPenny and still be as well off financially as if the transaction were processed with credit cards. And if the customer redeems, that’s good too because it means the merchant is getting a 2nd sale!
With QuickPenny, consumers benefit from earning rewards without borrowing money. Right now people paying with debit cards do not get any rewards. QuickPenny is a way for consumers to earn rewards without borrowing money on a credit card. Rewards are automatically applied to repeat sales.
QuickPenny works similar to PayPal. People log in to their account with their cell phone number and a one-time password and they authorize payment. QuickPenny securely gets permission to debit people’s bank accounts by using Plaid, the same fintech company that works with Venmo and CashApp.
QuickPenny is secure.
We safeguard financial information with the latest encryption protocols like Advanced Encryption Standard (AES 256) and Transport Layer Security (TLS). All data is secured in transit and at rest.
QuickPenny is hosted in a mature and secure cloud environment. By leveraging cloud infrastructure, we can bring decades of security experience to protecting financial information.
We don’t sell, rent or share financial data with outside companies.
We connect your bank account with the same provider that Venmo and CashApp use. We never see anybody’s bank username and password and neither do our partners.

Quickpenny

QuickPenny is a convenient and rewarding way to make purchases online from your bank account with a PayPal-like digital wallet.

altapay_integrations

AltaPay has made it much easier for you as merchant/developer to receive secure payments in your WooCommerce web shop. 
AltaPay is fully integrated with WooCommerce via a plug-in. All you have to do is to install the plug-in, which will only take a few minutes to complete.
<h3>Support</h3>
Feel free to contact our support team (support@altapay.com) if you need any assistance during the installation process or have questions regarding specific payment methods and functionalities.
<h3>About AltaPay</h3>
AltaPay supports major acquiring banks, global payment methods and over 50 preferred local schemes like Dankort in Denmark, Vipps and Bank Axept in Norway, Swish in Sweden etc., across multiple sales channels (in-store and terminals & eCommerce), geographies and currencies. This includes credit and debit card acquiring, bank transfer networks, direct debit, wallets, mobile payment types, online invoicing, prepaid and gift card networks. With offices in Denmark, AltaPay serves Pan European and Global customers including JD Sports, Sports Direct, Paul Smith, Laura Ashley, DFDS Seaways, ZARA, ECCO and Stokke. 
AltaPay’s Payment Gateway for WooCommerce provides merchants with access to a full set of business-ready international payment and accounting functionality. With this extension, merchants are able to receive payments through Visa, Mastercard, Dankort, iDeal, PayPal, MobilePay, Klarna and ViaBill. To use the extension an account for AltaPay’s payment gateway is needed. Once the account is set, the merchant receives API credentials which will link the extension to the payment gateway.

AltaPay for WooCommerce

A plugin that integrates your WooCommerce web shop to the AltaPay payments gateway.

Quickpenny vs AltaPay for WooCommerce