Paymentap provides your customers with a secure online portal to make payments by credit card, debit card. Customers can easily update personal information, access account details, payment history, link multiple accounts or save their payment information for future payments.
Paymentap online payment platform is mobile optimized and compatible with any smartphone, tablet, or desktop computer. This online payment management system makes collecting payments faster.
What Is Online Payment?
Online paymentrefers to money that is exchanged electronically. Typically, this involves use of computer networks, the internet and digital stored value systems. When you collect a payment over the internet, you are accepting an online payment.
Online payment usually is the transaction that results in transfer of monetary funds from the customer bank or credit card account to your bank account.
Merchants accepting online payments need to comply with a list of security requirements. The online payment specific security is designed to decrease the chance of the billing and personal information being stolen. The transfer needs to occur over secure encrypted connection.
In the cases of recurring billing where customer data is stored, the merchant needs to enforce a longer list of security features and protocols that are usually referred to as PCI compliance requirements. Recurring billing systems that employ online payment procedures need to be periodically scanned for security vulnerabilities.
The online payment gateway is a service provider that is integrated with the credit card and transfers the online payment information between the merchant and the payment processor.
An e-commerce online payment system facilitates the acceptance of electronic payment for online transactions. e-commerce online payment systems have become increasingly popular due to the widespread use of the internet-based shopping and banking.
The typical online payment process has the following stages:
Customer submits the payment information to the merchant. For example customer completes the payment form on the merchant website and submits the information.
The merchant submits the payment information to the online payment gateway.
The online payment gateway submits the payment to the payment processor.
The payment processor authorizes the payment and responds to the payment gateway
The payment gateway responds back to the merchant
The merchant responds back to the customer showing if the online payment was successful or not and taking the appropriate action.
As a restaurant owner it is difficult for me to keep on top of everything, ever since I began working with Paymentap It has been much easier to manage the day to day running of the restaurant. Customer payments are transferred to my account the next day so I no longer need to track them which is a big relief.
Paymentap have provided me with the best card machines and discounts up to 40% which is very exciting, all without an extra service charge! A factor that is very important to me.
Owner of the MORDEN FISH AND KEBAB
My internet connection was causing issues with my ability to serve my customers promptly and effectively, internet delays caused my customers to have to wait in a queue to connect to the card machine. After I started working with Paymentap I have been able to serve my customers within two seconds through their card machine. Also, I am now paying less for my energy bills and for my new terminal.
Would you like to switch your card machine provider? We will save you up to 40% on your new bill. Even so, you can get 24/7 UK based customer service and next-day repair or replacement if something goes wrong. It's the way it should be.