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Modulr glossary

Portal (Modulr)

The Modulr Portal is a secure online platform that provides clients with real-time access to their accounts, payment activity, and reporting for accounting and payroll purposes. It offers a user-friendly interface for managing payments, users, and settings particularly for clients not accessing embedded payments via API.

Applications

E-commerce:

Reduces fraud in online card payments by verifying the cardholder's identity

E-commerce:

Reduces fraud in online card payments by verifying the cardholder's identity

Advantages

  • Enhanced security: Reduces unauthorised transactions by verifying that the genuine account holder is authorising the payment
  • Enhanced security: Reduces unauthorised transactions by verifying that the genuine account holder is authorising the payment

Challenges

  • User Experience: Additional authentication steps can cause friction and increase checkout abandonment
  • User Experience: Additional authentication steps can cause friction and increase checkout abandonment

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