The eProcessing Network Secure Payment Gateway allows merchants to accept credit cards and other forms of payment in a secure, real-time environment directly from their website, through Mobile devices and directly from their place of business.
Real-time authorizations ensure the validity and accuracy of each transaction and merchants get the added convenience of having funds deposited directly to their specified account(s). With a payment gateway, merchants can have multiple users entering transactions from various locations, all at the same time.
So let’s take a closer look at how a transaction is processed when a customer orders a product from a payment gateway-enabled merchant:
- A customer makes a purchase — either online, over the phone or in person — and the billing information is sent via Secure Socket Layer (SSL) encryption from the customer’s browser to the merchant’s web server.
- The merchant’s website receives the information and in turn forwards it to the payment gateway through another SSL encrypted connection.
- The payment gateway takes the information and forwards the transaction information to the payment processor used by the merchant’s bank and then transmits the credit card information to the appropriate credit card issuer (i.e. MasterCard and Visa).
- The credit card routes the transaction to the correct card issuing bank. If the card used was an American Express or Discover, the processor acts as the issuing bank and directly provides an approval or denial back to the payment gateway.
- Once the transaction is received by the issuing bank, it is reviewed to ensure that sufficient funds are available to cover the transaction and then sends an authorization code back to the processor. If the transaction is approved, the code allows the transaction to be completed. If the transaction was declined, the authorization code provides the details as to why the transaction failed (i.e. insufficient funds, connection failed, etc.)
- The authorization code is then sent back to the payment gateway which in turns sends the code back to the merchant’s website or other device used to process the transaction.
- At this point the merchant can deliver the goods or services to the customer.
- At the end of business, the merchant submits all of their approved authorization codes in a “batch” to their acquiring bank for settlement, which is the process of sending the credit card and check files through the network for processing and payment.
- The acquiring bank accepts the approved funds and moves them into the specified merchant account(s). The entire process from authorization to settlement to funding takes an average of three days.
Secure Transaction Processing — The ePN Way
For the past nine years, eProcessing Network has gone through the rigorous certification process to ensure that our ePN payment gateway allows merchants to protect sensitive cardholder data. We have successfully met all of the comprehensive requirements as detailed in the Payment Application Data Security Standard (PA-DSS) and enforced by card associations. As a result of each certification, the PCI Council lists the application on its Validated Payment Application List within the PCI SSC website.
ePN is committed to providing secure systems that are in compliance with the PCI Council and by partnering with the Council and card associations to maintain compliance certification, we help become part of the solution to offer a unified strategy to fight against payment card data compromises. That level of commitment is passed onto resellers and their merchants who trust us with their sensitive payment card information.