Payment platform

A payment platform is a system for collecting, processing, and exchanging financial information and making and processing payments. It connects participating e-commerce with various payment systems. A software suite such as this often provides additional features to make it easier to process everyday transactions via e-commerce. With this platform, it is possible to create a new payment system or introduce a system function into a pre-existing project or web portal. It also means that any web-based cash-flow services can be provided using payment or settlement functions. In addition, platforms enable data storage to be managed with the help of various Database Management Systems.

Payment platform capabilities

On the Runet, card payments significantly outnumber payments made by any other methods, and so the main platform capabilities are developed around merchant acquiring services. This involves the following functions, which are essential for card payments:

  • Partial fund withdrawals after authorization
  • Authorization/purchase cancelations
  • Authorization
  • Transaction refunds after clearance
  • Partial refunds
  • покупка;
  • Regular payments

Security

Data storage provides a service for all payment transactions and user logins. It is performed entirely independently of the payment system interface: confidentiality is maintained by the user accounts. Extra measures can be employed to confirm transactions and user identities. Payments are processed securely.

Производительность

The technology used for processing and storing data has been proven to perform well when the network is experiencing high levels of traffic. Individual users of the payment platform are unaffected by the number of transactions processing at the same time, and immediate and deferred (repeated) payments can be made.

Масштабируемость

New servers can easily be added to the storage system when needed or separate servers can be linked up to a single network. This system can be used as a main or back-up ABS (automated banking system). Furthermore, an unlimited number of payment products and methods for transferring funds can be created.

Versatility

Access to data is provided by an integrated interface. A variety of devices can be used to access the payment functions: personal computer, mobile phone, purpose-built hardware (such as terminals). Various currencies can be used, and a selection of languages is offered on the user interface. The core set of functions includes all major transactions, and extra functions are developed and introduced when required.