(PRWEB) January 22, 2013
IP Commerce today announced the latest release of Commerce Boarding™, a real-time qualification and decision engine that validates and scores applicant information against a fully configurable set of qualifiers - including address validation, OFAC check, personal credit scoring, and more – to instantly verify identity and accelerate merchant approval in-app, online or via mobile.
The open and flexible nature of the Commerce Boarding API makes the solution uniquely compatible with mobile devices, such as tablets and smartphones, as well as traditional and integrated payment acceptance solutions – allowing application developers to enable real-time merchant approval and payment workflows with the same ease as popular solutions like Square, GoPayment, PayPal Here™ and Groupon Payments™. Using Commerce Boarding, application developers can tailor their solutions to increase customer conversion, accelerate revenue, and improve customer targeting to validate and approve applicants in real-time. To date, more than 350,000 online applications have been processed using Commerce Boarding.
"Commerce Boarding is yet another way that POS application developers can leverage IP Commerce to become more efficient and reduce the friction of activating merchant customers," said Alfred ‘Chip’ Kahn IV, Executive Chairman and Founder of IP Commerce. "Our goal is to continue to develop innovative platform capabilities, like the Commerce Boarding API, that allow POS application developers to do what they do best - develop great POS 2.0 apps."
Commerce Boarding offers simple pricing options to support multiple risk scenarios, from simple identity verification and data authentication to full merchant underwriting. With wholesale pricing and volume discounts, developers can extend value-added pricing to their merchant customers and generate incremental revenue.
Commerce Boarding is made available thru a Web Services API allowing the app developer to control the application form and merchant workflow experience. The API - along with supporting documentation and sample code - is immediately available online via the IP Commerce Developer Center at:
About IP Commerce
IP Commerce is powering POS 2.0 – the next generation of point-of-sale commerce – bringing online consumer experiences into offline commerce environments via tablet, mobile and all other cloud-connected devices.
IP Commerce offers the only open Platform-as-a-Service (PaaS) that serves POS 2.0 application developers with fast and easy APIs and workflows for innovative commerce solutions. Our intelligent infrastructure provides advanced two-way workflows and data for rich commerce interactions, retail offer management, merchant boarding and other value-added commerce services to enrich the transaction before, during and after payment - all enabled by our open Platform.
With offices in Denver and San Francisco, IP Commerce has partnered with many of the world’s most respected and forward-thinking financial institutions and software companies, including Vantiv, Chase, Intuit, Vista, Clover and many others. For more information, please visit us at http://www.ipcommerce.com