Online Payment Systems Under One Roof

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.