Payment Gateway:

Growth of electronic banking and modern channels of payments transfer directly fuel countrys economy. The development and progress of financial sector enhances economic development and to facilitate high growth with rapid transaction speed, payment gateway is required.Payment gateways facilitate transfer of information between a front end processor/acquiring bank and a payment portal (such as a website, mobile phone or IVR service). Payment gateways protect confidential details by encrypting sensitive information, to ensure that information is passed securely between the customer and the merchant and also between merchant and the payment processor.

Payment Gateway is a multi-channel, multi-card, multi-issuer and multi-currency scalable system which enables e-commerce through cards, bank accounts and mobile wallets. Payment Gateway is based on the latest technologies and complies with mandatory security standards for web solutions and cards/payment industry.

Multi-Card Support
Payment Gateway supports multiple card types including debit cards, credit cards, prepaid cards, proprietary cards and virtual cards. Variations of cards such as gift cards, fuel cards and similar loyalty cards can also be integrated based on business needs of the merchants. With secure authentication process, customer can easily and reliably use any card to pay merchant instantly.

Multiple Payment Channels
Payment methods are not restricted to cards only. Customers can use mobile wallets as well as their bank accounts to make payments to merchants. The Payment Gateway interface allows banks internet banking to authenticate and process payments, making the transaction secure.

Payment Schemes Integration
Payment Gateway integrates with known payment schemes such as VISA and MasterCard and can also be integrated with other schemes such as UnionPay and JCW. The flexibility of the system allows for communication with various payment processors and even integrate with new ones.

Government Payments
Payment of utility bills such as electricity, telephone and gas are supported. The system is also capable of including other payments such as traffic fines and specific department payments like passport fee/renewal fee.

User-friendly Portal Interface
The web and mobile features are user-friendly and allow for easy mode of payment. Customers can link/delink their cards through the interface (no need to enter card details every time), view their transaction history and update their information such as demographics.

Comprehensive Back Office Management
System supports easy addition of banks and merchants into the system. Cards can be classified based on brands and types, allowing for easy card management. Back office system also includes

  • Transaction Type Management
  • Fee Management
  • Settlement Profile Management
  • Reports
Merchants can view transaction levels, manage users and roles and generate various reports. They can also block banks and card types depending upon their business needs and requirements. Similarly banks can also manage transactions levels, users and roles, settlement profiles, BIN, report generation and blocking of merchants.