UniPay Gateway Payment Advice

Processing Cost Reduction Processing cost reduction is one of the major challenges faced by merchants and payment facilitators worldwide. Typical credit card processing cost reduction strategies, usually, involve search for a new processor or negotiating better terms with the existing one. However, these strategies are beneficial only if they are applied in a smart way….

Cost Reduction Cost reduction is a common problem for many merchants and payment facilitators. Credit card processing cost as percentage of revenues sometimes seems too high, especially if you add gateway and tokenization fees. Most companies use one of the two approaches to reduce transaction cost. They either try to negotiate lower cost of credit…

A Payment Processor People often tend to confuse the concepts of acquirer, payment processor, and payment gateway. A merchant acquirer or an acquiring bank is a bank that underwrites (and later funds) a merchant and (what is important) assumes the liability and risk, associated with credit card fraud and chargebacks. A payment processor handles the…

How to Process Payments without a Merchant Account Credit Card Processing A merchant account is an essential part of credit card processing, although some people mistakenly think that they can successfully accept credit card payments without opening one. The truth is that merchant services entail serious risks and financial obligations associated with consumer and merchant…

Payment Facilitator In recent years payment facilitator concept has been rapidly gaining popularity. One of the reasons for this phenomenon is that many companies (including former independent sales organizations (ISO)) find it more profitable to combine the functions of an online gateway provider and a merchant service provider (MSP). Implementation of the payment facilitator model…

Acquiring Partner Search for an acquiring partner is a common problem for many present-day companies, including merchants, ISOs, and payment facilitators. In essence, the acquirer is your business partner that assumes liability for you as your merchant bank. While many acquiring banks are happy to offer you merchant services, you should carefully consider all the…

Payment Gateway Integration for E-commerce More and more products today are sold and purchased through e-commerce websites. An e-commerce website is not only a place to share information but, in a way, an online store, where products and services are offered to customers. So, how can you accept payments if you are selling products and…

Saas Platforms Many providers of Saas platforms do not realize that they are already on the way to becoming full-fledged payment facilitators. If you are a Saas platform provider, you can actually be only “a few steps away” from enjoying the benefits of PayFac model. A payment facilitator is a concept that is gaining popularity…

Best Payment Processors If you are a payment facilitator, you have special requirements to your potential processing partner. Naturally, a payment platform you choose to integrate with should have a payfac program, that suits your needs. One of the largest payment processors at today’s market is Vantiv. It offers two payment platforms to its payment…

Payment Facilitator Model Many present-day businesses decide to follow payment facilitator model in order to ensure the high level of service for their sub-merchants. Several categories of businesses can adapt payment facilitator model relatively smoothly and enjoy considerable benefits it offers. While the most typical example of such a business is a software platform provider,…

The concept of white-label payment gateway is rapidly gaining popularity among merchant services industry players, looking for the most suitable payment gateway solutions. Some businesses are searching for payment gateway solution they could use to connect them to processing partners, while others are deciding on the best option to replace their already existing legacy payment…

Handling of In-App Purchases With fast development of mobile devices and respective software collection of in-app payments becomes an extremely relevant issue for many businesses. Development of mobile POS systems (MPOS systems) and handling of in-app purchases represent important aspects within the activity of companies that operate online and have to handle card-not-present payments. Mobile…

EMV Terminal Certification Toolkit An EMV toolkit is an essential EMV terminal certification instrument. Each EMV toolkit is targeted at certification of a certain EMV terminal solution in a certain geographical region. After EMV liability shift the problem of EMV toolkit selection became extremely relevant for many companies that want to implement some EMV chip…

EMV Credit Card Terminal Any payment service provider or merchant, that wants to implement an EMV credit card processing solution, needs to go through EMV terminal certification process. EMV toolkit is the key instrument, needed for EMV certification. An EMV toolkit includes one or several pieces of hardware and the respective software that is needed…

Acquiring Partner If you want to become a PSP and provide payment gateway services to your sub-merchants, you need to be familiar with the concept of acquiring bank. In order to process transactions for your sub-merchants, beside some payment gateway software product, you need to find an acquiring partnership. In fact, choosing an acquiring bank,…