Mylapay

    IntelleSquare

    Clearing & Settlements solution

    Supercharge your payment aggregation with IntelleSquare real-time settlement ready engine.

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    Features merchant payouts on a real-time settlement cycle

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    Processes clearing settlements with multiple cycles across card networks.

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    Capable of processing over 10 million transactions a day swiftly.

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    Overview

    IntelleSquare provides comprehensive settlement solutions, including both merchant and card network clearing settlements. It processes raw transactions from the switch, normalizes them with necessary adjustments, finalizes for settlement.

    Calculates MDR, taxes, incentives, and other fees to determine the net amount for merchant payouts & generates files in required formats. Simultaneously, it prepares clearing data for networks, producing outgoing files as per network-specific formats.

    Square up your Transactions on time with IntelleSquare,

    A streamlined and seamless settlement solution.

    Connect with IntelleSquare for sleek and flawless financial settlement solutions.

    A universal, cloud-based settlement system compatible with all card networks, it flexibly accommodates bank's desired merchant payout processes and formats, efficiently managing settlements in real-time, optimized with network settlement cycles. Our solutions are cloud-based, also compatible for on-prem setup. Our product can be hosted in your infrastructure on need base.

    Use case

    Payment gateway, POS, Payment
    Aggregators and Banks

    Integration

    Compatible with Cloud,
    Onprem with seamless APIs

    100+

    Countries – Regions covering
    AP, US, CA, EUR & ME

    How does our IntelleSquare work?

    1
    Acquirers send real-time transactions to IntelleSquare via API or through SFTP dump file transfers
    2
    IntelleSquare performs normalization, updates ISO data elements, fee info in real time, provides settlement files as per the configured cycles through its dashboard.
    3
    Acquirers can download merchant payout and network clearing files and manage complete settlement operations via the IntelleSquare user dashboard.

    Key Features

    Operating in real-time, IntelleSquare optimizes data load across settlement cycles, enhancing high-volume processing, and ensuring timely, error-free settlements with flexible cycles.

    Features real-time and optimized settlement processing.

    Supports clearing files for Visa, MasterCard, Rupay & Amex.

    An efficient and error-free settlement processing system.

    Capable of processing over 10 million transactions per day.

    Highly customizable to incorporate any charges and recoveries.

    Robotic file generation and transfer processes ensure data integrity.

    An intuitive user-interface to manage entire settlement operations.

    Ready to get started?

    Call us +91 7200768159 for a demo today!

    What's so special with IntelleSquare?

    Beyond its array of impressive settlement features, IntelleSquare aids acquirers by optimizing transaction costs through the strategic use of data elements, fee descriptors, and IRDs in network clearing files. Additionally, it delivers amazing value that can be vividly experienced through the IntelleSquare dashboard.

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    Ensure Transaction Profit
    Fix MDR based on Cost

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    Transaction Life Cycle
    Management Utility

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    Dynamic User Level
    Report Generator Utility

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    Intuitive Dash Board
    Business analysis

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    Real time transaction
    processing featured

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    Mastering Concept with
    Easy Customization

    Experience Mylapay now.

    10 reasons why you should choose Mylapay!

    Vast Expertise

    Our founding team has over 50 years of collective experience in the payment industry, ensuring knowledgeable and proficient service.

    Innovative Spirit

    A young and dynamic team guarantees a constant stream of fresh, innovative solutions to meet modern payment challenges.

    Cutting-Edge Security

    Benefit from a highly secure cloud infrastructure environment, providing a next-generation experience with robust data protection.

    Compliance Assured

    Fully compliant with card network protocols & payment card industry standards, ensuring your transactions are always secure & up-to-date.

    24/7 Support

    Our dedicated support team is available around the clock to deliver exceptional customer service whenever you need it.

    Vast Expertise

    Our founding team has over 50 years of collective experience in the payment industry, ensuring knowledgeable and proficient service.

    Innovative Spirit

    A young and dynamic team guarantees a constant stream of fresh, innovative solutions to meet modern payment challenges.

    Cutting-Edge Security

    Benefit from a highly secure cloud infrastructure environment, providing a next-generation experience with robust data protection.

    Compliance Assured

    Fully compliant with card network protocols & payment card industry standards, ensuring your transactions are always secure & up-to-date.

    24/7 Support

    Our dedicated support team is available around the clock to deliver exceptional customer service whenever you need it.

    Vast Expertise

    Our founding team has over 50 years of collective experience in the payment industry, ensuring knowledgeable and proficient service.

    Innovative Spirit

    A young and dynamic team guarantees a constant stream of fresh, innovative solutions to meet modern payment challenges.

    Cutting-Edge Security

    Benefit from a highly secure cloud infrastructure environment, providing a next-generation experience with robust data protection.

    Compliance Assured

    Fully compliant with card network protocols & payment card industry standards, ensuring your transactions are always secure & up-to-date.

    24/7 Support

    Our dedicated support team is available around the clock to deliver exceptional customer service whenever you need it.

    Cost-Effective Automation

    Our fully automated products reduce operational costs, streamlining your payment processes efficiently.

    Ambitious Vision

    Our spirited team is committed to the big dream of redefining the future of payments, bringing visionary perspectives to our solutions.

    Competitive Pricing

    As a startup, we offer the advantage of competitive pricing without compromising on quality or service.

    Proven Solutions

    We offer better solutions with first-hand understanding of your problems, designed from real-world experience.

    Industry Endorsement

    Our solutions boast 99.999% efficiency, as endorsed by esteemed clients like Razorpay, Juspay, PayU, Payswiff, and Ezetap.

    Cost-Effective Automation

    Our fully automated products reduce operational costs, streamlining your payment processes efficiently.

    Ambitious Vision

    Our spirited team is committed to the big dream of redefining the future of payments, bringing visionary perspectives to our solutions.

    Competitive Pricing

    As a startup, we offer the advantage of competitive pricing without compromising on quality or service.

    Proven Solutions

    We offer better solutions with first-hand understanding of your problems, designed from real-world experience.

    Industry Endorsement

    Our solutions boast 99.999% efficiency, as endorsed by esteemed clients like Razorpay, Juspay, PayU, Payswiff, and Ezetap.

    Cost-Effective Automation

    Our fully automated products reduce operational costs, streamlining your payment processes efficiently.

    Ambitious Vision

    Our spirited team is committed to the big dream of redefining the future of payments, bringing visionary perspectives to our solutions.

    Competitive Pricing

    As a startup, we offer the advantage of competitive pricing without compromising on quality or service.

    Proven Solutions

    We offer better solutions with first-hand understanding of your problems, designed from real-world experience.

    Industry Endorsement

    Our solutions boast 99.999% efficiency, as endorsed by esteemed clients like Razorpay, Juspay, PayU, Payswiff, and Ezetap.

    Frequently Asked Questions

    No, Mylapay is not a payment aggregator; it operates as a payment enabler known as Acquiring side of Processor TSP in the card payment industry. Mylapay provides comprehensive solutions for payment aggregators and Gateway banks to enhance their business. While it works closely with payment aggregators, it does not function as a standalone payment aggregator.