Commercial Bank enables merchants to accept internet
payments through Diners, Discover, Visa and MasterCard in an online
environment. It provides 128 bit SSL encryption, with real time
authorisation and capture of transactions. The gateway can process both
domestic and international card transactions. For efficient and
effective management, we provide the “Merchant Administration Module”
with functions that allows for management of transactions, operators and
other related tasks.
The payment gateway platform is a
versatile, robust and scalable infrastructure designed to carry a large
volume of transaction volume. This payment platform is designed to
support a variety of channels and payment instruments and is designed to
be scalable to accept any new channels or instruments that may roll
out.
Commercial Bank has introduced an additional feature for
payment authentication and security that adds extra level of protection
for both consumers and merchants. This new feature, 3-D Secure is a
credit card authorisation program, implemented by Visa and MasterCard,
to reduce/combat fraudulent purchases by verifying purchaser’s identity
during online transactions. The benefits of implementing 3-D Secure
include reduction in disputed transactions /charge backs and the
associated financial liabilities.
The payment gateway service
offers customers a comprehensive payment collection solution. This easy
and quick-start package provides a merchant/business with all the
components required to start accepting payments using credit card, debit
cards, and other customized payment instruments.
Benefits
- Secure credit card payment facility
- Easily integrated to numerous platforms
- Processes major card brands
- Single Point of Certification
- VBV and MasterCard Secure-code
- Reduction in the number of charge-backs
- Reduction in the number of fraudulent transactions
- Quick and easy to incorporate into any e-commerce card processing system
- Increase in potential sales volume through increased consumer confidence in making online purchases
- Added protection against any online fraud
- Compliant to Payments Industry standards and mandates
Integrated Credit/Debit Card Payment Solutions
This credit and debit card acceptance solution is typically installed in medium to large retail stores, where the process of taking credit and debit card payments is integrated with the merchants own point of sale system, rather than using point of sale credit card terminals. If you need this capability, we can provide assistance. Please contact us and we will be happy to discuss your requirements.