Direct-selling company Ezibuy has completed a nine-month pilot of a new -electronic-commerce solution that processes and authorises phone or online credit card payments in real time.
Designed by Wellington software development company Glazier Systems and network integrator Datacraft, ePAS (electronic payment authorisation server) manages credit card payments where the cardholder is not present at the time of the transaction. Examples include online stores, mail--order firms, insurance over-the-phone sales or account payment by credit card.
The solution consists of an Eftpos pin pad embedded into an NT server. A single server can handle more than 50 merchants concurrently. The solution is online and can process transactions at a rate of one every 1.2 to 1.8 seconds.
Glazier director Andrew Kissling says the company is negotiating with ISPs and other organisations interested in offering a transaction bureau service.
“For ISPs, real-time payment and settlement can be implemented without manual intervention.”
The solution is not tied to one specific bank or card type. Recently, ePAS was certified for connection to the ETSL Eftpos network.