Card Not Present / Internet / Online payment processing solutions
For many businesses, the online channel has evolved from a novelty to an essential and
strategic component of doing business today. Driving this shift has been the continued dramatic
maturing of Internet technologies and the growth in Internet use by both businesses and their customers as a transactive medium, which
translates to ever increasing transaction volumes as well as exposure to fraud risk.
Card Not Present (CNP) / Internet acquiring is therefore the process of collecting, switching
and authorizing financial transactions originating from the Internet. Although it is in many
aspects similar to existing Card Present (CP) / physical Point of Sale acquiring channels, Internet
acquiring has its own unique benefits and associated risks.
As the use of broadband Internet access becomes more pervasive, more consumers will use the
Internet to order products & services online. Internet merchants therefore require the
ability to accept credit cards, as well as other financial instruments such as debit cards,
in a secure fashion over the Internet.
Our innovative online payment gateway service enables Internet merchants to securely process transactions
that may be settled & reconciled electronically, via a number of instruments, such as Credit Card,
Debit Card, Internet transfer and Direct Bank Deposit.
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Card Present / Point of Sale / Mobile Payment processing solutions
Consumer growth in the use of both Debit & Credit cards over the past several years has
resulted in retail merchants relying on Point of Sale (POS) devices for the processing of
these card based transactions.
Card-present transactions are therefore those in which both the card and cardholder are
present at the point of sale. To date this has usually been at traditional retail outlets such as
department and grocery stores, electronics stores, and specialty shops & boutiques.
Increasingly today however, we are seeing a requirement from mobile merchants, such as plumbers
& electricians, to also be able to process these card present type card transactions at the point
of service delivery, rather than at a fixed retail outlet.
Our innovative mobile payment processing service and mobile POS device enables
mobile merchants of all types to securely process transactions that may be settled & reconciled
electronically via Debit & Credit cards.
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