ABOUT THE PLATFORM Refund protect has created an innovative Protect Platform which is used to underwrite transactions in real-time. The platform has been developed to automate the process of underwriting individual transactions by pre-set rates that are pro-actively managed by our A-rated Insurance Provider, Tokio Marine HCC. Our members connect to the platform via API which allows us to receive transactions in real-time. This allows us to insure the full value of the transactions (including processing fees or any extras if booked as part of a package).
On-line account management provides a functional way for our members to sign into the Protect Platform. A suite of reporting tools gives our members a transparent insight into transactions, conversion rates and additional revenue earned. All the relevant information about insured transactions are presented in a series of graphs, tables and graphics providing a great reporting tool for management.
Integration for members of the Protect Platform via API is simple and is based on a standard Restful web service and JSON data format. Authentication of API calls is based on hash-based message authentication and HMAC-SHA1 digest. Our API has been designed to work in near-real time, therefore requiring asynchronous integration to the Platform.