When payments are many and small – intelligent solutions are needed
Over the years net.extend has developed a series of customised billing solutions for the corporate market. For a variety of reasons, corporations need the ability to bill activities :
- Charge external users for IT/network use of your corporations services
- Collecting micro-payments in volumes
- Differentiated billing models (sponsoring, vouchers, free of charge, limited time, etc.)
- Internal re-billing to sub-companies or departments
- Consolidation of large invoicing areas
In order to achieve the cash-flow, net.extend has developed and implemented different payment methods.
Credit Card transactions
net.extend has a fully developed credit card transaction gateway, that is valid for VISA, Mastercard and American Express cards. net.extend has been a pioneer of online card payment solutions and has a long term cooperation with Concardis GmbH, the leading European transaction clearing center. net.extend can take full ownership of the whole process including account management as well as fraud protection and failed payment handling.
PCI DSS Compliance
PCI DSS stands for Payment Card Industry Data Security Standard. It was developed by major credit card companies as a guideline to help organisations that process card payments prevent credit card fraud, hacking and various other security vulnerabilities and threats. net.extend has been one of the first credit card processing companies to achieve PCI compliance according to the PCI Security Standards Council.
Bank Debit (SEPA)
Bank Debit is a widely used payment method especially within European countries and more cost efficient then credit card transactions. In cooperation with leading Bank Institutions net.extend can perform high volume online bank transfers in secure environments. As the European standard SEPA (Single European Payment Area) evolves, net.extend will also support international transfers based upon SEPA.
Micro Payment
If your company needs to collect many small payments (eg. end-user billings, mobile usage), netxtend can perform such billing transactions in a very cost effective manner. Using the cash methods as mentioned above plus integrated IT systems net.extend achieves a high quality and minimal errors for micro payments.
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