ChronoPay

ChronoPay is a payment processing platform that lets you accept payments for goods and services using ordinary bank cards. Here’s our ChronoPay review.

What Is ChronoPay?

ChronoPay is a payment platform founded in 2003. The platform is one of the most popular payment services in Russia, but also caters to international businesses. Today, ChronoPay operates branches in several countries around the world.

ChronoPay was co-founded by a man named Pavel Vrublevsky, who worked as the CEO of the company until 2007. In 2007, ChronoPay was subjected to raids and searches by the Russian government for illegal banking activity.

Vrublevsky was arrested for allegedly hiring a hacker to attack rival companies. In 2013, Vrublevsky was sentenced to 2.5 years in a Russian penal colony.

Past controversy aside, ChronoPay continues to be a leading payment platform for the digital economy. On May 29, ChronoPay announced that it will support bitcoin and integrate blockchain technology into its platform.

Today, ChronoPay is particularly popular for Russian businesses that accept online payments. The company lets businesses customize payment pages with their own branding.

How Does ChronoPay Work?

ChronoPay’s services are targeted towards corporate customers. The company offers a service for accepting payments for any goods and services over the internet.

Businesses can accept a variety of payment methods, including bank cards (VISA, MasterCard, Maestro, and American Express) or e-transfers (Webmoney, Yandex.Money, QIWI). All payments are processed through an integrated ChronoPay interface.

Some of the advantages of ChronoPay include:

Time Savings:

Minimal documentation is required, businesses can access real-time analytics, and ChronoPay integrates with the most popular CMS. All of this can save time for customers and businesses.

Increased Sales:

Businesses can accept payments via bank cards, e-money, or even telephone. Businesses can also customize sales pages with their own branding, or link cards to a customer’s profile. That means increased sales for businesses.

Cost Reduction:

ChronoPay offers resiliency, personal data processing in Russia, and anti-fraud protection, among other cost reduction benefits.

Enhanced Customer Loyalty:

24/7/365 customer support and international security standards.

ChronoPay Services

ChronoPay is primarily a payment platform. However, that payment platform offers a wide variety of services for the convenience of customers, including all of the following:

Card Acquiring:

Accept online payments using VISA, MasterCard, and America Express bank cards.

e-Cash:

Accept payments through transfer services like Webmoney and QIWI.

Anti-Fraud:

ChronoPay minimizes fraud with its fraud monitoring program while also reducing the possibility of fines imposed by international payment systems.

Payment Page Customization:

Users can customize their payment pages to reflect their own branding. That means more contacts within the client’s brand and increased trust in the trading platform.

One Click:

Businesses can choose to save a registered buyer’s card, making future payments even easier. All the customer needs to do is entire their CVV code.

Partial 3DS:

ChronoPay enables partial deactivation of the 3D-Secure protocol using its fraud protection systems, which can be adjusted depending on activity type, payment limits, and the number of transactions processed within the required period.

IVR (Interactive Voice Response):

ChronoPay uses IVR to enable telephone payments. Users can call a number to pay via bank card using their mobile or landline telephone. Voice recognition copies the numbers from the card into the payment platform.

Personal Account:

ChronoPay lets users view statistical data on turnover and a comparison of time periods throughout the history of payments, including a calculation of the average payment.

Loan Repayment:

ChronoPay lets borrowers repay loans over the website of banks and partner companies.

Payment Terminal:

Buyers can pay for mobile communications, internet, TV, utility services, and more using the RSO website.

ChronoPay Conclusion

ChronoPay is one of the most popular payment platforms in Russia. Since 2003, ChronoPay has made it easy for Russian and international businesses to accept payments through a diverse range of payment methods.

ChronoPay businesses can customize payment pages with their own company branding to increase sales. Customers can also save their credit card information securely, making it easier to pay for goods and services in the future.

To learn more about ChronoPay and its payment services, visit the company online today at ChronoPay.com. The company recently announced plans to accept bitcoin through its payment platform while also integrating blockchain technology, so ChronoPay could become a big deal in the cryptocurrency world as the industry continues to grow.