Internet Payment Gateway


Our internet credit/debit acquiring solution ( iPay ) provides the acquiring bank and merchants conducting electronic commerce with a cost-effective and robust way to process payment card transactions received from their customers in real time. This is done by using the encryption and authentication capabilities available with Secure Socket Layer (SSLv3) technology, coupled with workflow business applications like Business Intelligence (BIA), eCRM, Loyalty Management, Risk/Fraud Management and NMAS & MATCH. The input channels are powered though WEB, SMS & IVR.

An integrated iPay Internet based credit/debit acquiring solution will support some of the most advanced features required by merchant acquirers and online customers. iPay offers you:

• Online verification and processing of credit and debit card transactions
• Purchases via direct debit facilities for bank customers, provided iPay is connected to the core banking application
• Purchases via eWallets, virtual customer electronic wallets
• Virtual Terminal for Mail Order, Telephone Order processing (MOTO)
• Access to Payments via WEB, SMS & IVR
• Informed decision making business intelligence application
• eCRM suite
• Merchant Loyalty Management Solution
• Risk and Fraud Management
• NMAS & MATCH (Individual & Bulk)
• Multiple Currency support
• Visa 3D Secure Support
• Single and Batch authorizations
• Digital certifications for merchant sites
• Merchant Management

iPay supports the following financial instruments and Internet payment methods:

• MasterCard
• Visa card
• Any Proprietary. card
• Debit Cards (Using the eWallet)
• Direct Account Debits (Using the eWallet)

Any other Credit card type or a payment instrument would be implemented according to the requirements of the Bank.

The Process flow for a transaction through our Internet Payment gateway in a snapshot is as given below:

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