UniPay Gateway Payment Advice

Payment Gateways for Companies Like Airbnb and Uber People are constantly asking questions like: what is Airbnb payment system; what is Uber payment system; who is Airbnb payment processor etc. In 2010-2011 the payment service provider behind Airbnb (according to the company’s founders) was Braintree. But now the company expanded to many new geographies and…

The list of such concepts as hosted payment gateway, licensed payment gateway and white label payment gateway can now be continued by the new concept of payment gateway cloud. Payment gateway cloud concept emerged only recently, as a result of evolution of customer needs and respective payment technologies. For a startup business traditional payment gateway…

On the Way to Collaborative Payment Processing The concept of collaborative payment processing is quite new. However, it emerged as a result of a long evolution of payment technologies. Every growing business has to go through several development phases. If a company decides to sell its products or services online, it needs some payment processing…

Services for Startups Any startup company that wants to accept payments online has to look for some credit card processing solution to utilize. While many startup businesses are searching for a payment processor or payment gateway, offering their services for the lowest price, this is not the best strategy to follow. In fact, payment processing…

Is it Time to Switch to a New Payment Gateway? Why should a business decide to switch payment gateway? Switching to a new payment gateway may be a costly and labor-intensive procedure, however, sometimes, it is the only choice. Both merchants and intermediaries (payment service providers, payment facilitators, aggregators, ISO) realize that if current payment…

Merchant onboarding and underwriting are essential steps on the way to online payment processing. Present-day aggregators and payment facilitators strive to simplify merchant onboarding process and provide merchants with an opportunity to start processing payments the moment they submit their data to the underwriter. Previously, the process of merchant onboarding could take up to several…

Challenges of implementing Split Funding models With the advance of online marketplace models the demand for split funding functionality increases. However, many payment service providers (PSP) are reluctant to offer split payment processing functionality to their customers on top of already provided merchant services. Payment service providers are discouraged by the risks and challenges, associated…

Credit Card Tips Adjustment Usage of tips is a common feature of several industries (including restaurant industry, beauty saloons etc.). Originally, tips were given in cash. However, if credit card processing is involved, tip should be added to the amount of the main purchase. The traditional way of handling tips when a customer pays with…

Methods of Mobile Payment Processing Mobile payments represent a new concept, which is rapidly gaining importance within payment processing industry. Payment applications, installed on mobile devices open new horizons for mobile payment processing. The most general question, related to mobile payment processing, is: how can you process mobile payments and remain out of PCI scope,…

Split Funding Models for Online Marketplaces and Affiliate Marketing After the emergence of online marketplaces and affiliate marketing the need for split funding mechanisms became extremely relevant. It became obvious that conventional model, under which the processor withheld a certain part of every transaction as payment processing fee could not accommodate more complex split payment scenarios….

The Concept of Online Marketplace The concept of online marketplace became relevant after rapid development of companies, which chose online marketplace model as their basic business model. The most well-known examples include Uber, eBay, as well as Amazon. In the online marketplace model credit card processing has its peculiarities. Transaction processing mechanism, used in marketplaces,…

EMV compliance is an important issue, faced by today’s merchants. In order to become EMV compliant, a merchant should implement a payment terminal solution, which allows it to accept EMV chip card payments. Particular steps to be taken, i.e. the merchant’s strategy for implementation of the EMV standard, depend on the terminal solution, which is…

Batch Payment Processing Explained Addition of a retail payment processing component to an existing payment ecosystem, which is presently focused on handling of recurring payments, and, consequently, is equipped mostly with batch processing functionality, is a serious challenge. The problem is extremely relevant for recurring billing software vendors who decide to make their operations model…

Difference between ISO and PayFac The number of payment facilitators at the modern merchant services market is rapidly growing. The concept of a payment facilitator is gaining popularity, alongside other concepts, defining different intermediary entity types, such as a payment service provider (PSP), a payment aggregator, merchant services provider (MSP), or an independent sales organization…

Implementation of a payment terminal solution is a relevant problem for many present-day companies that are interested in both card-not-present and card-present payment processing. The problem became even more relevant after the EMV liability shift, as EMV certification is an important phase of payment terminal solution implementation. Card-Present Solution Implementation Companies, that face the challenge…