Mondu’s solution is designed to be highly scalable, capable of handling increased transaction volumes during peak seasons. The company has built a scalable technology platform with a sophisticated AI-led risk engine that can process high volumes of transactions efficiently.
Key scalability features include:
- Real-time credit checks: Mondu’s proprietary risk engine runs credit checks in real-time, allowing for high acceptance rates (>90%) even during high-volume periods.
- Automated processes: The system automates credit assessments, payment processing, and collections, reducing manual intervention and allowing for efficient scaling.
- Robust infrastructure: Mondu employs daily deployment with Canary release methodology and maintains ISO/IEC 27001 certification, ensuring system reliability even under increased load.
- High transaction capacity: The platform is built to handle large volumes of transactions, supporting basket sizes up to €1 million with real-time approval and larger baskets with manual reviews.
This scalability is particularly valuable for electronics retailers and other businesses/industries that need to manage high volumes of small transactions during peak seasons, as it prevents existing payment processes from becoming strained.