E-commerce payment system has become popular with the
explosion of internet based shopping portals. In its simplest form the
acceptance of electronic payment for online transactions is the basis for
e-commerce transactions.
Online payment
processes – quick overview
Credit cards are the most common form of electronic
payment system for payment of online merchandise. To facilitate online
transactions a payment service provider (PSP) offers online services for accepting
electronic payments that are transacted using various methods like a credit
card, bank transfer and or online banking. PSPs use software-as-a-service
(SaaS) model and act as the single payment gateway for merchants.
The PSP undertakes to connect with multiple acquiring
banks, card networks and payment facilitators. PSPs are the back end of the
transaction and provide technical as well as financial connections that help
the merchant to concentrate on the selling aspect of the business. A full
service PSP also offers risk management applications and services for card
based payment. They can do this only if their security protocols and fraud
detection technologies are sound.
Diverse payment
systems
In recent times international payment systems have increased
exponentially. A Saas-based-methodology called as PaaS (payment-as-a-service)
is used to connect disparate group of payment systems (electronic wallets like
Paypal, Alipay, Yandex). PaaS acts as the go-between for all the systems that
bridge all electronic payment solutions.
Payment Asia
services
Payment Asia is a trusted online payment solution provider
headquartered in Hong Kong. Their efficiency is very high as they use Saas and
PaaS protocols to give a streamlined service to customers and merchants. The
solutions are scalable and they offer customization that suits any type of
business. The usp of Payment Asia is their security. Every transaction is made
in a secure environment. In South East Asia they have an edge over other
payment systems as they specialize in multi-currency. Their customer support is
fluent in many languages and cross border transactions are done seamlessly.
They accept payments anywhere and anytime with secure online credit and debit
card solutions
A China Payment Gateway Service offers merchants the
ability to transact with least amount of risk as the host of security measures
built in the service is daunting for fraudsters. Payment Asia is on a expansion
spree to consolidate its hold as a leading e-payment service provider. They
invite partnerships through a Referral program. There are a number of benefits
for a potential affiliate of Payment Asia.
o Special discount on Payment Asia services
o Rewards and incentives
o Business synergizing and cross-selling on collective
services and products
o quick enrolment
The tagline of Payment Asia says it all. If you do not
have an Asia payment gateway service then you are doing business in the past.
In the present business climate that is fast paced and competitive automating
payments and deposits through an online payment process house is vital.
