Payment Portals Explained
Payment portals act as ‘middlemen’ between the customer and merchant to ensure that the transaction is carried out according to regulations, securely and promptly.
What are payment portals?
Payment portals act as ‘middlemen’ between the customer and merchant to ensure that the transaction is carried out according to regulations, securely and promptly. As the middleman, payment portals handle all sensitive data needed for communication between the acquirer and merchant.
These payment portals are an integral part of the online purchasing process as they ultimately facilitate the transaction and ensure its security. Ecentric offers payment portal solutions that provide a convenient software integration process.
Which parties are involved in this process?
The software that facilitates the transaction. This portal allows the payment to be passed from the consumer, through the payment gateway to the merchant.
The benefits of using Ecentric payment portals
They are automated
The automation of payment processing means that an employee does not need to be monitoring it for the process to work seamlessly, at any time of the day. Our payment portals help businesses grow revenue whilst saving them time and money. The automation of this process also allows for the configuration of the software to allow for a variety of payment options.
Our online payment portals offer high flexibility and can be customised visually and practically. Not only can these payment portals be branded, but they can be built to feature customer specific data, such as previous invoices. This can help lower the need for online sales assistance, as consumers can access their information in a user-friendly manner.
The online nature of Ecentric payment portals enables businesses to take a closer look into user analytics to source vital information regarding the online shopping behaviours of key demographics. This improves decision making regarding things like product advancements and where to direct marketing attention.
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