Just six weeks after Monoova launched a card-acquiring and PayID payments plugin for eCommerce merchants on the WooCommerce platform, PayTo is now live as a payment method, giving merchants and customers access to instant, secure bank-to-bank payments.
Monoova’s WooCommerce plugin allows merchants to access a range of payment methods, faster settlement times, and fully automated payment reconciliation – delivering a frictionless experience for merchants and their customers.
Monoova’s accelerated development underscores its commitment to enhancing eCommerce capabilities by offering an expanded suite of Australian payment rails, coupled with a fully automated reconciliation solution.
Benefits for merchants include:
- Real-time payments, reconciliation and visibility – every transaction comes with real-time status updates, so merchants instantly know if a payment is processing, completed, or failed. PayID and PayTo payments settle instantly – even on weekends – eliminating manual processing and reducing delays.
- Fraud and chargeback protection – advanced fraud protection helps maximise card-approval rates and minimise chargebacks. This creates a safer online payment environment, reduces disputes, and lowers exposure to fraud.
- Speed to market – in a few easy steps, merchants can access the plugin from the WooCommerce store and select from a wide range of payment methods at checkout. Merchants can track transaction history and manage refunds via an easy-to-use dashboard in the WordPress Admin view. Built on Monoova’s powerful APIs, the plugin delivers fast, secure, and reliable payment processing right out of the box.
CEO and Co-Founder of Monoova, Christian Westerlind Wigstrom said, “With PayTo live and our WooCommerce plugin evolving rapidly, Monoova is committed to giving merchants the tools they need to offer faster, smarter, and more flexible payment experiences. We’re continuing to entrench our position as Australia’s most versatile payments platform, innovating and shaping the future of eCommerce payments.”
