E-commerce
Published on Feb 22, 2017
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PRESENTATION OUTLINE
E-commerce
Online payments service provider
Third-party processing, also known as an Internet Payment Service Provider (IPSP), is a merchant service to help accepting payments online from credit and debit cards such as VISA, MasterCard, American Express, JCB or UnionCard
A third-party processor provides credit card services by receiving transaction data from the business. A payment gateway then transports that data to the acquirer's bank and then to the issuer’s bank for it to be approved or declined. The payment gateway will then send the card details and authorisation from the card issuer’s bank to the third party processor, who then accepts this transaction and the funds go into the third-party processor’s account, to be later transferred into the merchant’s bank account.
We are in E-commerce business since 2009 year.
We had been using different online payments providers like authorize.net, 2checkout, chronopay, qiwi etc.
We got in friendly contact with many E-commerce projects either as partners or affiliates.
We thought it's time to develop own online payments platform to process online transactions of our own and our clients.
We developed the platform to process online transactions from gateway pages passing through fraud control.
But we got in deadlock looking for reliable acquirer's bank with license to process cards of customers cause of Russian banking crisis
We think the way out is to invest 3-10 million USD (depends on jurisdiction of bank's location) in an acquiring bank license to avoid using external license.
The main profit will come from processing of online payments by credit/debit cards for products.
The products will vary from forex trading to herbal products.
We have many clients(friends, acquaintances) run E-commerce projects happy to use us as an online payments service provider and also our own E-commerce projects.
First months without wide marketing we can bring at least 5 million USD monthly turnover.
The payment platform is developed and ready to be launched.
We need just acquiring bank license to process cards transactions online.
Profit Calculation
- Acquiring bank license - 3-10 million USD
- Commission of processing transactions - 1-10% (depends on type of business)
- Minimal volume of transactions cost we can provide - 5 million USD
- 5 million x 0,05 = 500 000 USD per month x 12 = 6 million USD per year
- ROI is 1-2 years
Examples of our development team
Internet Payment Processing Services
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