LoanPro's payment infrastructure is built around security, flexibility, and reducing payment failures. From PCI-compliant tokenization to integrated processors and fraud prevention tools, our platform gives you everything you need to accept, process, and manage payments efficiently.
This article will walk through those features at a high level, linking out to more in-depth articles on specific tools.

Secure Payments: PCI-compliant tokenization

Secure Payments is system for handling all payment profile storage and tokenization. Built to comply with PCI-DSS requirements, Secure Payments ensures that sensitive payment information—bank account numbers, routing numbers, and card details—never touches your systems directly.

When borrowers enter their payment information, Secure Payments tokenizes it immediately, sending a token to LoanPro that your team can use to process payments. This approach keeps sensitive data from ever touching your day-to-day operations, reducing your PCI compliance burden and keeping your borrowers' financial data secure. 

You can embed Secure Payments directly into your own website or app using customizable iframes, giving borrowers a seamless payment experience without ever leaving your brand.

Integrated payment processors and gateways

LoanPro integrates with a wide range of payment processors, giving you flexibility in how you handle transactions. Our integrations fall into several categories: ACH processors for electronic bank transfers, bank card processors for credit and debit transactions, and Canadian EFT processors for customers north of the border.

For lenders processing high volumes of ACH payments, we also support batch processing through industry-standard file formats like Nacha and CPA-005. This allows you to aggregate payments and submit them in bulk to your processor, streamlining operations for large portfolios.

Reducing failed payments

Payment failures cost time and money, which is why Secure Payments includes tools to catch problems before they happen. ValidiFI provides Nacha-compliant bank account validation, verifying routing numbers, account structures, and screening accounts against a network of payment data to identify potential issues. With three service tiers—Basic, Standard, and Enhanced—you can choose the level of validation that fits your risk tolerance and budget.

An additional bank account validation from Repay allows you to check that a borrower’s ACH payment profile is valid before ever saving it in Secure Payments. If a borrower enters invalid information, they’ll get an error message, helping cut back on fraud and accidental missed payments.

For card payments, bank card attribute lookup verifies card information before processing, identifying the card brand, type (credit, debit, or prepaid), and whether the card is active and capable of receiving disbursements. You can also use bank card controls to restrict certain card types or brands based on your policies, preventing problematic payment methods from entering your system in the first place. Together, these tools help you catch invalid payment profiles early, reducing NSF fees, return rates, and the operational burden of chasing failed payments.