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Transaction processing via EFSnet Web Payment Services provides a number of inherent advantages versus traditional methods of connecting to a processor:
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Transaction Speed:
By eliminating the dial-up time required by dial terminals, Internet-enabled
terminals or back-end systems using EFSnet can reduce 8-20 second transaction times down to
2-3 seconds.
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Ease of Integration:
By adhering to Internet standards such as HTTPS, SOAP, XML, and TCP/IP, merchants can
develop EFSnet applications on many different
platforms (Unix, Microsoft, Wireless) using a wide variety of development
languages and tools. With access to the latest tools and techniques,
merchants can complete development of custom EFSnet applications within days
rather than the months and weeks typically associated with developing directly to a
payment processor.
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Lower Costs:
By using the Internet for transaction processing, merchants no longer need
dedicated lines that are leased soley to connect to a payment processor. Instead,
the same Internet connection that is used for everyday business communication can
also perform transaction processing through EFSnet.
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Real-time Access:
Processing transactions via the Internet also means that real-time management and tracking
of transactions can be accomplished with a Web browser through EFSnet's
Merchant Services Web site. Additionally, custom applications can retrieve transaction histories programmatically.
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Single-source Provider:
EFSnet enables one-stop shopping, whereby merchant account activation, EFSnet Web services activation, support, and
billing are handled by a single company that can support both front- and back-end processing.
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Seamless Upgrades:
As a hosted solution, EFSnet can add new payment types and features without disrupting service or
distributing software to merchant locations. EFSnet's server-side upgrades avoids
the problems that often plague the distributed-code methodology.
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EFSnet Web Payment Services offer greater flexibility and lower cost while delivering the high
speed processing (2-3 seconds) that both merchants and consumers desire.
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Welcome
Benefits/Features