DSSR Payment Solutions

An online payment processing service is an electronic payment system that allows customers to pay their bills electronically without having to enter payment information into their own computers or to send paper checks to merchants. For example, a customer might use his credit card to pay his bill and be able to view the transaction on-screen in real time. Other common types of online payments include e-checks, electronic bank transfers (EBTs), direct banking transfers, preplanned periodic payments using autopay, and point-of sale (POS) systems . A merchant typically enters this financial data when setting up an account with the services provider, but it can also be entered later on by entering new transactions. Some providers offer third party software applications for mobile devices so that customers can access their accounts anywhere at any time. There are many advantages to using this type of service including saving money since there’s no longer need for paper check printing and ...

Low Risk Payment Gateways also known as LRPGs. The global online retail sales are expected to reach $2 trillion by 2020 – a figure that will rise at a CAGR of 13% over the next five years. As such, low-risk businesses around the globe are investing heavily in their e-commerce merchants strategies to stay competitive in today’s marketplace. To cater to these demands, many companies are looking beyond conventional methods of transaction processing such as credit cards or bank transfers. To meet these challenges, some companies are now turning to low risk payment gateways because they provide greater flexibility and efficiency. This article gives you a quick primer on what a low risk gateway is and its benefits for low-risk companies eCommerce businesses or ecommerce merchants. What Is A Low Risk Gateway Payment System? A low risk payment gateway system allows low-risk merchant accounts to accept credit card payments from customers through a variety of different means includin...