Silverarm Solutions : Credit Card Clearing

If you are selling online, you need to be able to process credit cards online. This means you're going to need a credit card clearing service.

Processing credit card orders online is a complicated process. First, you need a secure server and some form of shopping cart software to accept customers' credit card information. Next, you need an Internet merchant account with a bank that can accept charges from your Web site and credit them to your account.  Online virtual retailing also requires a middleman to help the flow of commerce, so you also need a credit card clearing service (sometimes referred to as a transaction processing service). Silverarm Solutions Ltd. setup an internet merchant account for each site we develop. The credit card clearing software we are currently using is developed by Realex Payments and has proven reliability.

This software provides:

• A secure, bank certified and approved payment-processing service.
• Automatic and delayed settlement, with the option to process delayed settlement requests from fulfilment systems.
• The option to send additional reference data with each payment request for ease of subsequent reporting and reconciliation.
• A real time reporting system that provides a rich and powerful search function along with the option to process ad-hoc payments, voids, refunds etc.
• An integrated transaction fraud scoring service that pattern checks all data for each transaction across multiple accounts.

Contact us today to see if we can help you with your programming needs..