SINNAD offers the financial institutions a platform for e-commerce secure payment processing solutions linked to the VISA and MasterCard payment systems. Banks can add an online acquiring channel for accepting online payment transactions through their merchants’ websites. SINNAD hosts a payment gateway that processes the e-commerce transactions. Traditional e-commerce transactions using static card data is supported, but to reduce the merchant’s exposure to fraud risk, SINNAD encourages the financial institutions to allow their merchants to process 3D Secure transactions.
SINNAD e-commerce acquiring services include:
Setting up merchant accounts and providing the MPI plugin
Merchant fee configuration
24/7 emergency service
Service Desk support
Terminal configuration management
Merchant reconciliation reports and merchant payouts
Acquiring fraud and risk analysis
SINNAD provides the full solution which includes support throughout implementation and certification with VISA and MasterCard, pilot testing and full set-up of the e-commerce platform.