Transaction Flow
Automated and secure processing of transactions between end-users and merchants, while optimizing all the payment aspects of the merchant’s business.
The cardholder information are transmitted securely through an Internet connection (TLS v1.2) from the merchant to our platform, which are passed to the card issuer/bank. The issuer authorizes or declines the transaction and notifies our platform. The platform sends the authorization to the merchant, who completes the sale and provides the service to the cardholder. Within days, the acquiring bank deposits the processed funds from the sale into the seller's merchant bank account.
Integration
FS Technologies is our end-to-end solution that integrates with your existing e-commerce system or payment gateway. It is a payment processing solution that gives the merchant control over all the steps in processing a transaction, including:
- Collection of customer payment information through a custom application.
- Secure transmission to the gateway for transaction processing.
- Secure storage of cardholder information.
Developer test accounts with API Login IDs and Transaction Keys are available for testing your integration methods to FS Technologies and will be provided to you during integration.
How it works
FS Technologies supports the transmission of authentication fields for the following cardholder authentication programs:
- Verified by Visa.
- MasterCard SecureCode.
Merchants using a third party cardholder authentication solution for Verified by Visa and MasterCard® SecureCode™ can submit the authentication values with Visa and/or MasterCard transactions. As soon as you accept our quote and complete the required application form, an account manager is assigned to you to guide you through the process of integrating your systems with FS Technologies. Then you are ready to start accepting card payments via the Internet.
What happens from the moment a transaction is made with a card to the time you receive payment?
- The customer selects products or services from your website and proceeds to checkout.
- The customer enters their card details to pay for purchases.
- Our system automatically processes the transaction online.
- The Merchant receives the funds in the bank account they designated during sign up.
