Next-generation payment platform for ecommerce, business and non-profit payment management is available for purchase. Built as a “Software-as-a-Service” (SaaS) solution targeting card-not-present ecommerce merchants, business payment’s and non-profit donor management.

Platform incorporates payment processing with content management, CRM, co-branding, affiliate reseller support and account management. Moving beyond payments processing to “payments management”, businesses and non-profit organizations can easily manage cash flow and incoming (receivable collections, online donations, etc.) or outgoing (employee, vendor, supplier, etc.) payments.

Our Enterprise level SaaS solution is developed on Microsoft ASP.NET framework with MS SQL Server 2005 database. The architecture and design supports exponential growth in customers and transaction volume. Innovative features allow for competitive differentiation and multiple revenue streams with higher margins.

The heart of the platform is its unique ‘On Demand’ Payment Management SaaS technology. Online payment services seamlessly tie together a business with its customers OR a nonprofit organization with its members and donors.

The online Management Console allows organizations to access detailed reporting, customer and member self-service portals, global notifications and alerts via email and/or text messaging keeping users informed throughout the payment lifecycle.

Selected Features Include:

1. Revenue and Sales Features

• Sales Distribution – Supports and provides revenue opportunities to/from Private Label Partners, Referral Partners, as well as internal Sales Organization personnel (i.e., Sales Relationship Managers)
• Revenue components include:
  
  • Periodic (primarily monthly) subscription revenue
  • Transaction based revenue (i.e., $ per transaction/payment)
  • Investment earnings on ACH float transactions

2. Application Program Interface (API) – API provides for full payment integration with any 3rd party application including ecommerce sites, billing and invoicing platforms and many more.

3. Online Registration – Easy online registration for all users including:

• Partners (private label and referral)
• Business and Nonprofit Organizations (“end-customer/merchant”)
  • Member/Customer of the Business or Nonprofit Organization (“Payor”)

4. Streamlined Set-up – After registration approval a business or nonprofit organization can be set-up and ready to transact online payments in less than 3 hours, training included.

• EZ Connect Technology/Design – allows Employers/Suppliers/Customers to establish Online Registration and Payment for their respective customers or donors, from their own website(s) within minutes of having registered with business or non-profit services

5. Payment Activities – Processing capabilities include:

• Direct Payments (i.e., online collections, donations, accounts receivable, etc.)
  
  • i. Multiple Single and Multiple Recurring payments (via either ACH or credit card) are supported
    
• Direct Deposits (i.e., payment to employees, suppliers, retirees, shareholders, etc.)

6. Payment Methods – Supports both Credit Card and ACH processing

• The business, merchant and non-profit services supports being a Level 1 Merchant Service Provider and Payment Processor relative to credit card processing.
• The Payment Platform business is currently certified and fully integrated payment processor with TSYS Acquiring Solutions (a wholly owned TSYS® NYSE: TSS subsidiary), the pre-eminent supplier of acquiring solutions and related systems and integrated support services. All merchant service and payment processing authorization and settlement transactions are processed through TSYS Acquiring Solutions.
  
• The platform architecture is designed to easily integrate into most payment processors to support flexible business operations.

7. Comprehensive Billing Management – Extremely robust and flexible billing engine for calculating and managing customer fees.

• Supports billing for both one-time and recurring fixed amounts, fixed amounts per specific period(s), as well as per transaction amounts (Direct Deposit ACH, Direct Payment ACH, Credit Card) and more.
  
• Billing calculations and related transaction generation is 100% automated. For example, all fixed and/or “periodic” type billable items are generated automatically based upon business rules combined with an automated transaction scheduler. Similarly, all transaction based billable items are calculated and transacted immediately as customers create/upload billable payment transactions. The benefit is to never have to deal with accounts receivable collection matters nor the related administrative burdens.

8. Private Label and Branding Features – provides innovative branding features for partners and the end-customer businesses and nonprofits

• Upload Logo
  
• Choose color theme
• Create unlimited Pay unique Items
  

9. Comprehensive Commission/Residual Payment Management – Powerful commission and residual payment management function for calculating and paying partners and sales personnel on a customer-by-customer basis.

• Manages and supports revenue sharing and commission payments for all sales distribution roles including private label and referral partners as well as independent sales representatives.
• Revenue share and commission calculations and related payment transaction generation are 100% automated and can be customizable for each and every customer/partner/sales rep
• Manages both wholesale billing as well as commission base billing
  

10. Personal Console/Dashboard – All users are able to manage their payment activities through Role Based administrative Consoles/Dashboards.

11. Reports – Users have access to numerous reports directly from their individual consoles and can generate these on-demand and at their convenience.

12. Accounting Software Integration – File export utilities provide seamless integration for many accounting software applications including Quickbooks (IIF file format).

13. Global Communications – provides several methods for staying connected and in touch with all users and include:

• Email notifications
• Announcements posted to individual consoles
• Alerts
• Text Messaging option

14. Customer/Merchant Support

• Online Knowledge Base
• Cases (aka trouble tickets
• Document Library

Interested parties should contact gateway@mypaymentslab.com [1] for more details