A smart way to make payments of all types. Are you running an online storefront, subscription-based business, schools, buying and selling, you can use BsmartPay to process payments. BsmartPay supports all transaction types. It can be customised to your business need with look-alike feels to look as if it is owned by your Organization. This is because Bsmartpay payment process can be integrated directly into your organisation's website.
BsmartPay has been developed to assist organisation who heavily use electronic payment (card payment) for most of its services. With this the challenge of payment verification becomes an important process which must be carried out independently of the primary solution provider for the management of the registration and or payment engine (e.g Interswitch, e-Transact, etc) that may be in use as the payment gateway for proper monitoring and accountability. This is aimed:
- To provide an independent opinion on the activities of the legacy software used by such organistion
- To provide effective on-the-spot information on the desk management of the online sales and reduce/eliminate the incidence of manipulation of the process
- To eliminate manual and cumbersome data capturing processes by providing an automated transfer of online trading data to the financial system.
Features of the system
- Payment and Revenue collection
- Data Extraction/download from Banks and other online payment solutions
- Verification of extracted/downloaded data
- Analysis of payment data
- Data conversion/integration with your Financial Accounting System
- Data upload to your Financial Accounting System
- Interface for internal audit
- Reconciliation between result verification record and bank payment record