About

The payment gateway and transaction hub can be used to pass secure payment transaction data through a secure internet connection to electronic payment processing networks. In addition to payment data, the gateway will pass relevant data to 3rd party systems like fulfillment, customer management or shipping and logistics. 
 
The Hub’s state of the art FBI Tools fraud prevention system will help protect merchants from cyber crooks and opportunistic consumers.  The gateway also offers payment tokenization, interchange optimization, pivot table reporting, saved reports, automated recurring billing, transaction recycling, layaway and a customer scoring system.   
 
Our gateway can easily integrates to 3rd party products and systems like websites, ecommerce systems, shopping carts, shipping systems, inventory control modules and backend payment systems.  Supported payment types include ACH, electronic check, credit (and debit) cards, private label cards and military charge cards on the Armed Forces proprietary payment networks.
 
Transaction Lifecycle
 
Before describing the features and functions of the payment gateway, it is important to understand the various progressions and statuses of a payment transaction.  
 
1. The payment cycle starts with an electronic payment; this can be submitted through a shopping cart, virtual terminal or batch file.
 
2. Once the payment enters the gateway system, it is scrubbed by the fraud prevention rules, routed to the processor as prescribed by the load balancing system rules.  
 
3. The merchant’s bank processor then submits the transaction to the credit card network (ex. Visa). 
 
4. The credit card network routes the transaction to the bank that issued the credit card to the customer (issuing bank). 
 
5. The issuing bank approves or declines the transaction based on the customer’s available funds and Address Verification System (AVS) score.  
 
6. Transaction results are routed back through the payment card network to the merchant’s transaction processor. 
 
7. The processor relays the transaction results to the Gateway where the transaction results are stored then forwarded to the originating payment mechanism (shopping cart, virtual terminal, etc.).
 
8. Successful transactions can be used to signal the merchant to initiate the delivery of goods or services to the buyer. 
 
9. Successful transactions are settled nightly by the processor.  This settlement signals the issuing bank to send the appropriate funds to the processing bank. 
 
10. The bank then deposits the funds into the merchant's DDA (Direct Deposit Account).   Funds from this final ‘settlement’ are typically available within two to four business days.

 

 

 

 

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