UniPay Gateway Payment Advice

How to Save on Merchant Services Fees
When a merchant is approached by one or several processors, offering different pricing options, he needs to understand what groups of merchant services fees will represent the most considerable part of the processor’s revenue.  If a merchant processes large transaction volumes, then the major component in the total amount of fees charged will be represented by interchange (or processor’s) fees. These fees are the basis of the processor’s revenue, and represent...
Read more…

Migrating from one processor to another
Today the process of migration from one processor to another is much more complicated than before, especially from the viewpoint of payment facilitators and payment service providers. Traditionally the only thing that had to be taken care of when a processor was changed, was reconciliation and settlement mechanism. Now there are several important components involved in the process. First of all, merchants have to be moved from one processor to another. As batch...
Read more…

Challenges of Startup Merchants
Merchant services companies, located in the US often reject merchant account applications, coming from small-size startup merchants, coming from other countries. MSPs are reluctant to deal with them because of several reasons. First, if a company is processing transaction volumes, which look insignificant to a US MSP, the MSP will not take the risk of underwriting such a company, because the MSP’s payment for that risk is too low. For instance,...
Read more…

Demystifying Bank Transfers
There are three general approaches, which are commonly used to move the funds between different places (such as bank accounts). Bank wires (often referred to as bank transfers) do not take long to clear and are, perhaps, the simplest and the most common way to move your money from one place to another. The approach is not quite what you need if you need to clear large batches of transfers at...
Read more…

Optimizing Recurring Billing with BIN files
Many recurring billing businesses at the market consult BIN files to get useful information concerning transactions they process, cards they accept (or do not accept), and issuers of these cards. Some companies turn to BIN files to filter out pre-paid and gift cards, which many customers use to pay for low-cost subscriptions and memberships. When such a pre-paid (or gift) card, used for recurring payments, is depleted, the cardholder can simply...
Read more…

PA-DSS certification
PA-DSS is a universal data security standard to be followed by payment software vendor companies. Being a complex multi-phase process, PA-DSS certification might present a challenge for payment application developers. In order to go through PA-DSS certification process successfully, one needs to understand the  key phases of PA-DSS audit procedure. These phases include gap analysis, payment application installation in a PA-DSS compliant laboratory, payment application testing, analysis of documentation and diagrams,...
Read more…

Credit Card BIN Files
Credit card BIN file is a useful source of information, that merchants can utilize in their processing strategies. BIN ranges of cards can tell a lot: from card issuing bank and country of issue, to card class. Beside the issuing bank, the BIN range of a card carries information about maximal primary account number length, card type (debit, credit, etc.) and its PIN capability, debit networks, which accept the card,...
Read more…

Split Funding and Adaptive Payments
The simple residual revenue sharing mechanism envisioned a simple splitting of a merchant fee charged for transaction processing, among several parties involved in the process. These parties included the association (Visa, MasterCard), transaction processors, and, possibly, merchant services providers. Recent developments, witnessed in the merchant services industry, call for introduction of new, more advanced remittance models. These models should allow to automatically split various fees, commissions, and surcharges between a relatively...
Read more…

Peculiarities of host EMV integrations
In view of the approaching transition to mandatory support of EMV standard by US merchants, it is important for payment gateway software developers to understand the key features they need to add to their products to be able to make perform EMV integrations as smoothly as possible. Particularly, the EMV integration-related logic must include the functionality for exchange of data between a chip card, a terminal, and a gateway/processor. EMV...
Read more…

The Benefits of EMV Cards
Is the choice of EMV standard a conscious choice? This is the question many merchants might ask in view of the approaching deadline for mandatory support of EMV cards (October 2015). Why should a business switch to EMV cards and terminals, if EMV technology does not guarantee ultimate protection against credit card fraud? Originally, EMV technology was introduced to protect retail businesses. Even decades ago EMV cards (also called chip cards)...
Read more…

Challenges of Transaction Data Archiving
Data archiving can be a challenge with any database system. Particularly, transaction data archiving presents significant problems for many database systems in payment industry. Companies with high transactional throughput have to store enormous data volumes, because they accumulate transactional data very fast. Transactional data has to be stored and easily accessed. Access to data must be ensured in order to make it possible to compile historical reports and get back to...
Read more…

Integrating Terminal Application into a Payment Ecosystem
There are two basic approaches, which a business can utilize, if it needs to integrate a terminal application into its payments ecosystem. Either it can use a standalone terminal solution, or an integrated terminal solution. In a standalone terminal solution the POS application does not interact with the terminal application in any way when the payments are made, i.e. the terminal functions independently and interacts directly with the payment gateway. If a...
Read more…

Implementing Your Own Payment Terminal Solution
Many retail industry players are currently considering the idea of supporting payment terminals and searching for optimal payment terminal solutions. The idea of payment terminal solution implementation becomes even more relevant, because of EMV standards are to be imposed upon US businesses pretty soon. In order to support EMV, a payment gateway or a PSP needs to integrate with the respective payment terminal solution. One of the options for a payment...
Read more…

Payment Gateways and High Availability Concept
The concepts of high availability and fault tolerance are rapidly gaining importance among companies which accept credit card payments. The concepts are especially relevant for enterprise merchants who process transaction around the world 24/7. Payment systems of such large-size merchants must always be available. On the other hand, payment gateway software and other applications have to be regularly updated, which requires some maintenance time. In this situation high availability solutions...
Read more…

Three Companies that Need Open Source Payment Gateways
The concept of open source software development is rapidly gaining popularity, especially in such industries as restaurant business, fitness center, POS etc. In recent years more and more companies started considering the option of switching from their existing payment processing platforms to open source payment gateways. Traditionally, payment gateway software was a technical commodity, and the source code was something carefully protected by a company which developed the software and...
Read more…

About UniPay Gateway

UniPay Gateway is the accomplished payment gateway software, being flexible and customizable it meets the requirements of the most demanding clients.

The choice of UniPay gateway is the choice of the reliable, time and industry tested payment solution, which can help your business to become more competitive and profitable.

Request Demo

Recent Press Releases