January 19, 2018

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
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