Pay U Presentation - Seminar 27 Feb - Charles Elliman

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Charles Elliman talks about PayU and the payment gateway landscape in South Africa

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Pay U Presentation - Seminar 27 Feb - Charles Elliman

  1. 1. 2012 $289 billion U.S City Name, 18.04.2012 Title Author: 2
  2. 2. 2016 175 million online shoppers in the USA City Name, 18.04.2012 3
  3. 3. 2013 26 million online stores worldwide City Name, 18.04.2012 Title Author: 4
  4. 4. 233 Million Domain names City Name, 18.04.2012 5
  5. 5. 51% South Africa, individuals with internet access shop online *14 million internet users in SA City Name, 18.04.2012 6
  6. 6. What to look for when choosing a payment Gateway ? City Name, 18.04.2012 Title Author: 7
  7. 7. 1. Experience Confirm how long the company has been in the payment business from trusted sources City Name, 18.04.2012 Title Author: 8
  8. 8. 2. Reputation A good payment gateway has a good reputation on how it provides services to its clients. City Name, 18.04.2012 Title Author: 9
  9. 9. 3.Software Efficiency Every payment gateway company has various software packages to provide to its customers. For a good company, they must have worked with the software for a long time and should be able to give you a test drive for some time. City Name, 18.04.2012 Title Author: 10
  10. 10. 4. General cost of service bundles The general cost of services provided by a payment gateway company should be open and clear. Ensure you are not presented with ambiguous tier percentage based pricing City Name, 18.04.2012 Title Author: 11
  11. 11. 5.Security for clients • SSL -Certificates secure all the data on your ecommerce site • PCI DSS -The Payment Card Industry Data Security Standard (PCI DSS) is a set of requirements designed to ensure that ALL companies that process, store or transmit credit card information maintain a secure environment • 3-D Secure is an XML-based protocol designed to be an additional security layer for online credit and debit card transactions • Fraud and risk monitoring tools City Name, 18.04.2012 Title Author: 12
  12. 12. 6.Additional services and payment instruments • • • • • • • • • • • • • • Any extra service package offered by a payment gateway comes in hand with better financial transactions for that company. E.g. PayPal E Bucks,Discovery Visa ,Mastercard Amex ,Diners Vouchers EFT Debit cards Wallets Cash Mobile Call centre payment options Fraud and risk management PCI compliance card storage for 1 click shopping City Name, 18.04.2012 Title Author: 13
  13. 13. 7.Reporting and reconciliation Even the most humble small business has plans (usually big plans) for future growth. When things get busy, a full suite of backend reporting functionality is a musthave. Bank reconciliation and markoff data matching is crucial City Name, 18.04.2012 Title Author: 14
  14. 14. 8.Shopping cart and ease of integration • eCommerce shopping cart software has greatly evolved to include far more than a basic virtual shopping cart for your customers to add products to; it offers all the essential tools you need to manage all the facets of an eCommerce website. • Ensure your gateway has API’s to integrate with your shopping cart • • • • Magento Bigcommerce Volusion CS cart City Name, 18.04.2012 Title Author: 15
  15. 15. 9.Disaster and recovery • Disaster Recovery Plan (DRP) are to protect resources and employees, to safeguard the organization’s vital records, and to ensure the ability to function effectively in the event of a severe disruption to normal operating procedures. The primary role of the DRP is to plan for response, recovery, resumption, restoration, and return after severe disruption in service. • ensure sufficient measures of redundancy are built in to services • to minimize the effect a disaster will have upon on-going services and or operations. • Choose a gateway that has multiple bank integrations City Name, 18.04.2012 16
  16. 16. 10.EASE OF USE ! And Support • For you as the merchant • And for your Shopper City Name, 18.04.2012 17
  17. 17. • 4 continents • 16 countries • 13 years of experience • Over 25 000 Merchants • Over 50 cooperating banks • Tens of thousands of supported merchants • A few hundred million transactions • Safe processing of billions of dollars • 10 language versions • 151 payment types in Africa • 11 tender types in SA • Many currencies • Local and global payment methods in 1 system • 1 click shopping experience • PayU instalments (up to 36 instalments, ) • Dedicated solutions for the largest auction platforms all over the world City Name, 18.04.2012 • Part of international group Naspers 3
  18. 18. A few of our Top Merchants ... 19
  19. 19. Payment Tenders American Express Diners Club MasterCard PayU wallet is an online and mobile payment method that enables credit card and cash customers to quickly and safely transact. No bank account is required Auto Pay allows Standard Bank customers to shop online using their current, savings or transmission account Cell Pay Point allows FNB customers to shop online using their current, savings or transmission account via cell phone banking. eBucks allows eBucks members to shop online using their eBucks Visa EFT Recurring payments MiMoney is electronic cash which can be used for online purchases Secure Payment allows Nedbank customers to shop online using their current, savings or transmission account PayPal PayPal is the safer, easier way to pay and get paid online. The service allows merchants to trade internationally PayD enables you to accept certain debit cards as an online payment method USSD Ukash is a cash payment method for those who wish to shop online but do not have a bank account or credit card , and can be purchased at multiple retail outlets country wide . Discovery Miles WiWallet allows users to shop online using a mobile wallet 20
  20. 20. Anti-Fraud & Security • PayU Anti-Fraud Services • proprietary engine (developed since 2004) • full and easy customization capabilities for each merchant • artificial Intelligence Engine • monitored 24x7 • ready for integration with 3rd parties • PCI-DSS compliance (Level 1) – since 2009 - • McAfee Security – daily network scan • 3D Secure ready • KYC procedures 21
  21. 21. Contact us: @: charles.elliman@payu.co.za THANK YOU!www.payu.co

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