Benefits of e-Payments
Benefits to Government:
- Payment for Services will be settled online.
- Organizations will save on Administrative cost.
- Reduced queuing at physical counters.
- Improved economy by direct transfer of funds.
- Full audit trail and reconciliation for online transactions available
- Secure payment processing to world-class standards
- 3D Secure authentication program ( which includes issuer, acquirer Bank and Visa or Master card) to help mitigate e-commerce fraud
- Free operational as well as technical support
Benefits to buyer/individual:
- Pay for services and/or products completely online.
- Use of Electronic Payment Gateway is free for buyer.
- Accepts all major credit/debit cards (Visa, Master, American Express and Diners Club).
- Secured real-time payment gateway
- 3D Secure authentication program ( which includes issuer, acquirer Bank and Visa or Master card) to help mitigate e-commerce fraud
Benefits to seller:
- Increased customer traffic due to easy payment option
- Complete support for retailers
- Complete audit trail and reconciliation report provided
- Free operational as well as technical support
- Secure payment processing to world-class standards
- Online real time view of transactions
- 3D Secure authentication program ( which includes issuer, acquirer Bank and Visa or Master card) to help mitigate e-commerce fraud
- Promotes cross-border e-commerce