SaaS - Third Party Scalable Software
SaaS (Software as a Service) cloud base applications makes software available via any web browser. Hosted on third party remote server scalable to fit small, medium and enterprise-level business.
SaaS (Software as a Service) cloud base applications makes software available via any web browser. Hosted on third party remote server scalable to fit small, medium and enterprise-level business.
Manual keyed business, collects customer billing information, input, process and manage via easy to use virtual terminal gateway. Maintain customers profile for quicker checkout, recurring billing and even returns.
Flexible PCI compliant options for allow integrating payments on new start-ups or existing eCommerce website. Secure Hosted Payment Page (HPP) design with fraud protection in mind.
This is the bank that issues the customer credit card(s). Ex. If you have a bank account with BA or PNC bank then you most like received your credit and or debit card from them, which makes them the card issuing bank.
These company work with the government to determine rules regarding card use, acceptance, security, as well as determining the interchange rates and fees charged.
Businesses are connected to the processor through hardware and software, use to process transaction. Processors shuttle information to the appropriate card brands and bank. Merchant’s account batches at the end of the day funds are funds are moved from insuring bank to merchant’s bank. The processor calculate the interchanges fees and provides the data to the merchant’s bank.
Payment gateway connect the payment technology ie terminal, shopping cart, POS, Virtual terminal, website or mPOS and the card processing network. Integrated with an Application Programming Interface (API)
The sponsoring bank of the processor is responsible for getting funds to the Merchant and ACH payments to the processor. They are also responsible for paying the card brands and the issuing bank their share of the interchange fees