Best online payment gateway providers for ngo in india

1
WELCOME TO VELMOC FOUNDATION
www.velmoc.com
2
INTRODUCTION

• A payment gateway is a dealer benefit gave by a
  web-based business application specialist co-op
  that approves charge card or direct payments
  preparing for e-organizations, online retailers,
  blocks, and clicks, or customary block and
  mortar. The payment gateway might be given by a
  bank to its clients, however, can be given by a
  particular money related specialist co-op as a
  different administration.
• A payment gateway encourages a payment exchange
  by the exchange of data between a payment entry,
  (for example, a site, cell phone or intuitive
  voice reaction benefit) and the front end
  processor or gaining bank.
• A payment gateway is a product program
  incorporated to a trader's site to transmit
  exchange information to
• Credit Card
• Net Banking
• Cash Card
• Mobile Payment
• acquirer for approval and settlement.

www.velmoc.com
3
TYPICAL TRANSACTION PROCESS
www.velmoc.com
4
PAYPAL

• PayPal is an online installment benefit
  established in 1998 and claimed by eBay.
• It encourages the exchange of cash starting with
  one gathering then onto the next finished the
  web.
• Payments can be made for goods, services, and
  online donations can be made as well.

www.velmoc.com
5
CC AVENUE

• Founded in 2001
• It is the largest Payment Gateway in India today.
  
• Currently powers more than 85 of the e-commerce
  merchants in the country.
• It provides complete, simple and secure online
  payment gateway services.
• It is a Commerce Service Provider, authorized as
  a Master Merchant, by Indian financial
  institutions, to appoint Sub Merchants, to accept
  and validate Internet payments via Credit Card.
• This enables the websites to transact and accept
  payments online and in real time.

www.velmoc.com
6
WHAT DOES A PAYMENT GATEWAY DO?

• Similarly as their POS partners, installment
  passages bolster the full scope of preparing
  administrations approval just, approval and
  catch, discounts and voids.
• Each significant portal offers a virtual terminal
  choice which empowers shippers to enter in a
  program the installment data as they are
  finishing an exchange via telephone or have
  gotten an installment over the mail.
• In addition, the virtual terminal enables you to
  make and spare client profiles inside the portal,
  which you can get to later for a speedier
  installment preparing.
• Also, you can utilize the virtual terminal to set
  up portion or repeating installment designs, and
  additionally process conceded installments.
• All significant installment portals presently
  bolster AVS and CVV2/CVC 2 confirmation
  administrations.

www.velmoc.com
7
HOW PAYMENT GATEWAYS WORK?

• When a customer places an order from an online
  store, the payment gateway performs several tasks
  to finalize the transaction
• Encryption
• The web browser encrypts the data to be sent
  between it and the vendor's web server. The
  gateway then sends the transaction data to the
  payment processor utilized by the vendor's
  acquiring bank.
• Authorization Request
• The payment processor sends the transaction data
  to a card association. The credit card's issuing
  bank views the authorization request and
  approves or denies.
• Filling the Order
• The processor then forwards an authorization
  pertaining to the merchant and consumer to the
  payment gateway. Once the gateway obtains this
  response, it transmits it to the
  website/interface to process the payment. Here,
  it is interpreted and an appropriate response is
  generated.

www.velmoc.com
8
PAYMENT GATEWAYS BENEFITS

• It is critical to comprehend those payment
  gateways, similarly as POS terminals, are devices
  for taking care of payment data. Similarly as the
  POS terminal is a piece of each retail merchant
  account, the payment portal is a basic piece of
  each web based business merchant account.
  However, the merchant account benefit goes past
  dealing with the data gave by the cardholder.
• It empowers a merchant to acknowledge credit and
  platinum cards, and additionally other payment
  strategies, by interfacing the merchant's
  physical and/or virtual registration devices with
  a handling bank that "gets" the exchanges and
  finances the merchant's account the exchange sum,
  subsequent to subtracting the exchange's
  preparing costs.
• This entire procedure, from the catching of the
  data at the purpose of offer (regardless of
  whether physical or virtual), to the settlement
  of the assets is the thing that a merchant
  account benefit gives.

www.velmoc.com
9
THANKYOU
www.velmoc.com