Just like any other industry on the planet, payment card acquiring is also rapidly impacted by the ongoing digitization wave. Just 15 years ago, it was hardly imaginable for most people to go online, shop, and pay for their purchases with a payment card. Nowadays, we see the reversed trend – online shopping tends to replace in-store purchases more and more.
Another key thing to note is just how the e-commerce field has expanded in the last 10 years. This signals, that people are increasingly moving into digital shopping and by no means we can expect this trend to diminish anytime soon. In terms of business volume, this is also a lucrative opportunity, since the volume of online card transactions is on a steady rise. Naturally, as more and more users will start actively shopping online, this volume will rapidly grow.
There are not that many companies in e-commerce acquiring, that provide high-quality and low-cost online acquiring services. Sure, there are some big names, such as Adyen, Nets and couple of others, but there also is plenty of room for small, more niche players in this space.
If you’re planning to launch your own acquiring services, you will absolutely need core software components to build your infrastructure. That’s where the Ecommerce Platform comes in.
Ecommerce Platform is a comprehensive solution, developed specifically for acquiring card transactions from e-commerce stores. With Ecommerce Platform, you’ll be able to launch and offer your payment card acquiring service to the e-commerce store owners in no time!
Merchant Acquiring makes entry into e-commerce acquiring services industry very easy, removing common obstacles, such as lack of technical expertise in this area within the organization, as well as ultra-tight budgets. It also will provide your organisation with all instruments you need to successfully operate an e-commerce acquiring business. For example, ready to use plugins for merchant web and mobile apps, e-commerce transaction gateway, 3D-Secure MPI plugin, as well as merchant portal application for e-commerce store owners and merchant management platform for your administrators.
Ecommerce Platform makes entry into the e-commerce acquiring services industry very easy, removing common obstacles, such as lack of technical expertise in this area within the organization, as well as ultra-tight budgets.
It also will provide your organization with all instruments you need to successfully operate an e-commerce acquiring business. For example, ready-to-use plugins for merchant web and mobile apps, e-commerce transaction gateway, 3D-Secure gateway, as well as merchant portal application for e-commerce store owners, and merchant management platform for your administrators.
This solution package also includes a set of API’s, flexible enough to connect to any switching engine in your infrastructure, any 3-rd party switching system you might have or any external PSP (such as Worldline, Nets, etc.).
E-commerce gateway is the core module of Ecommerce Platform, that allows you to create merchant profiles and connect one or multiple online stores to each merchant profile. Merchant profiles can be created by hand in the configuration window, imported via file, or created through REST API. If you need a full-service online portal for onboarding and managing merchants, we also offer a Merchant Portal application for that.
E-commerce gateway has a customizable HTML plugin for integration into the merchants’ websites, that is fully certified to operate in Visa and Mastercard networks. Merchants are free to customize the design and appeal of the payments form to their customers. E-commerce gateway supports both direct card payments and payments through Paypal.
Merchant Portal is a backoffice GUI component of Ecommerce Platform that allows service providers to onboard merchants and for merchants to analyze their flow of transactions, as well as make configuration changes in E-commerce gateway, without accessing the gateway’s administrative console.
After being onboarded and granted access to the portal, merchants can see real time analytics on the transaction flows that are processed through the gateway, manage transaction statuses, send representment, reversal, chargeback messages, as well as manage their commission structures.
Merchant Portal is a multi-tenant system, perfectly suitable for service providers who want to offer acquiring services to banks or holding companies that might have dozens of different merchants that they want to connect to the system.
We understand the investment constraints of small to mid-sized financial institutions – a large CAPEX expenditure on a system license might not be viable for you at this point. No worries then – just start with SaaS installation and as your business grows, you can always switch to an in-house license later. System migration from SaaS to in-house is seamless, thanks to configuration management features that allow you to migrate system configurations from one installation to another with only a few clicks.
We’d be happy to provide you with more information and organize a demo session for you. Just drop us a line below with a quick description of your business case and let’s chat!
Helps you automate a great deal of your KYC/CDD processes, ensures continuous monitoring of all transactions with real-time alerts, as well as produces necessary regulatory reports.
Build your payment card processing infrastructure on lightweight, modern technologies, with everything you need to issue, authorize and acquire domestic and international payment cards.