Payment Processing Solution

Client Overview

The client is a Europe based global payments services organisation providing merchants across in-store and online business scenarios with end-to-end services and solutions to make payments seamless, secure and quick across multiple channels.

Business Challenge

  • Transform financial services, issuing, and processing of digital economy
  • Developed a secured repository of prominent payment gateway solutions
  • Help their customers manage business transactions, and streamline eCommerce operations
  • Shift their ecommerce customers from paying with cash and card to storing information with payment processors for payments
  • Stay ahead of evolving digital payment methods as an alternative to card payments

Solution Highlights

  • Supports transactions of all major currencies across the European Union, Canada, Latin America, Asia Pacific and the United States
  • Payment tokenization – Phone verifications done through IVR. SMS verifications done through 3rd party gateway
  • Voice / SMS fraud protection
  • Checks the credit history and black/white list to intelligently track and protect against defaulters and frauds
  • Enables bulk payment by uploading/importing the list of all payments to be made
  • Auto divert to another payment option in case of failure
  • Automatically detects the location and translates the join page in to local language
  • Extensive customer support module
  • 256 bit of encryption data with public and private keys
  • Daily sales reports

Benefits

  • Comprehensive and secure transaction processing and settlement services
  • Allows user to pay at a single place using multiple currencies
  • Fully scalable and configurable end-to-end offering, providing clients with true choice
  • PCI & DSS Level 1 Certified
  • 99.99% uptime
  • Offers real time account updates and authorisation
  • Fraud Management
  • Integrated with online wallets and other digital payment methods to accept payments quickly and to a provide an alternative to credit card payments
  • Businesses can use payment processing software to facilitate customer transactions in person or digitally