Benefits

Features and Benefits


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The combination of an authorization platform (frontend) and settlement platform (backend) is essential to complete all aspects electronic transaction or physical check processing. Authorization platform refers to verification and sending authorization request to customers. Settlement platform refers to the settling of transaction batch(s) in order to distribute funds. Settlement includes: funding to the merchant, debt clearing house, chargebacks and retrievals, merchant statements. Merchants need to make sure that check drafts are duly authorized and consumers are identified in a commercially reasonable manner.

The general process for this service is:

  • Step 1:  Customers select products and add them to merchant's shopping cart.
  • Step 2:  Customers proceed to the checkout page.
  • Step 3:  Customers register or login to their account.
  • Step 4:  Customers enter or confirm their personal details including:
    • Debit your customers' checking accounts.
    • Accept payments by phone (MOTO), online, (API) or in person (Virtual Terminal).
    • Set up recurring billing to automatically debit customers' checking accounts.

Marketing Tricks

Merchants Marketing

With the trend towards more direct, customer-centric marketing – and to ensure a positive customer experience that adds to the bottom line – more than ever marketers need sound customer communications management (CCM) strategies and solutions in place.

Customer communications
Turning regular customer communications, such as bills and statements, into powerful marketing vehicles that deliver results isn’t easy. But it’s something TriPartum does every day for marketers at client organisations.



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