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About Paycast

The next generation payment system for e-commerce

In 2020 Shieldpay Group grew the Paycast business case from inbound enquiries from within the e-commerce and merchant services sector, into the use of Shieldpay’s payments platform.

Working closely with some of the world’s largest acquirers we developed a solution that will allow businesses to use our service to pay sellers in a compliant manner, without the need to be regulated as per PSD2.

Two of the largest acquirers, Barclaycard and PayU have signed up to utilise the Paycast platform from 2021 onwards. Combined with their own leading gateway and acquiring services, these partnerships will revolutionise the sector by offering a fully-compliant combined solution to merchants.

Challenging new regulations

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Recent changes to PSD2 regulations do not allow businesses to accept payments from buyers and make payments on the same platform to sellers, without being regulated.

Platforms and businesses are faced with:

  • Risk of non-compliance due to new regulation

  • Existing complex buyer-side payment integrations

  • High barriers to entry to facilitate payments themselves

  • Limited pay-out options with bespoke, complex integrations

  • Huge difficulties in settlement to sub-merchants

Secure payouts for your business

Paycast's easy-to-use platform works alongside any payment service provider to enable payments to your platform users. We work with with acquirers and your platform to receive and disburse funds.

  • Become compliant with PSD2 regulations
  • Hold funds in escrow for conditional transactions
  • Verify sub-merchants with our KYC and AML checks
  • Keep your existing payment flows or set up payment routing in the way that works for you
  • We are regulated so you don't have to be

paycast-illustration-platform

 

Why Paycast?

icon-charcoal-marketplace Off the shelf functionality with split payments and multi-seller baskets  
icon-charcoal-cards Payment agnostic for both money in and out  
icon-charcoal-graph Powerful data insights and analytics on transactional activity​  
icon-charcoal-vault Escrow functionality and segregated accounts without the regulatory burden  
icon-charcoal-shield Enhanced security features for clients and users  
icon-charcoal-verify Full suite of AML/KYC controls to ensure compliance  

Find out more

Get in touch to discuss how your business can pay out with Paycast
Contact us