FAQ

Frequently Asked Questions about our Payment Gateway

A payment gateway is a web-based service and technology solution used as a third party to authorize, simplify and manage payment transactions.

Our independent PCI-DSS level 1 certified platform addresses both enterprise merchants and professionals in the areas of payments allowing them to get connected to a multitude of payment methods, credit card acquirers and Payment Service Providers (PSP) with just one API integration.

IXOPAY’s payment gateway offers white label solutions for PSP, ISOs, and sales agents enabling them to manage payments flows, provide modern, centralized merchant services and accurate reporting to their global online merchants. The term "White label" stands for a technology that our customers and in particular payment professionals can use, customize and sell as their own, using their brand, logo and identity.

Our Enterprise solution is built for companies and organizations, enabling them to unify, visualize, manage and optimize payment processes, especially when it comes to using multiple merchant accounts and adapters and therefore lower overall transaction fees across their portfolio.

No, IXOPAY is a gateway technology provider. You will need an existing merchant account or payment service provider contract to process payments via our gateway.

Should you require access to an adapter or payment method that isn’t listed in the IXOPAY’s Adapter world, don’t hesitate to contact us.

With our know-how in the field of payment integrations we are equipped to offer you the fastest turnaround time anywhere when it comes to adding new payment providers our clients need. Our experienced engineering team keeps each API connection up to date and helps clients to reduce technical complexity, time effort and future tremendous developing expenses.

No matter where your business is located, our service can be used by any Enterprise merchant, PSP, Sale Agent, ISOs that handle payments.

IXOPAY supports all currencies supported by your adapter in use. Please contact your acquirer or payment service provider (PSP) for further information.

The term PCI DSS stands for “Payment Card Industry Data Security Standard” and is a set of security standards used to protect end-consumer credit card data and businesses from fraud.

All organizations, regardless of size and transaction volume that accept, transmit or store credit, debit or prepaid card data from the major card networks (American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc) must comply with the PCI standard.

IXOPAY is a PCI Level 1 certified service provider. The certification of compliance has been issued by Cognosec GmbH. (https://www.ixopay.com/ixopay-pci-certificate.pdf)

Yes, IXOPAY’s vault and tokenization solution enables businesses to store sensitive credit card data in a PCI DSS compliant infrastructure and thereby reduce the scope of their PCI DSS compliance. Most companies that charge their customers on a regular basis need access to their customers' credit card data. IXOPAY's external storage allows merchants to be flexible in directing their card payments to any payment provider of their choice and reduce risks of vendor lock-in for merchants.

In order to protect cardholder data and comply with PCI DSS storage guidelines, the storage of sensitive cardholder data includes: Primary Account Number (PAN), cardholder name and expiration date. It is important to note that the PCI DSS prohibits the storage of sensitive authentication data such as Identification Number (PIN), CVV.

Yes, in order to perform and guarantee a data import it is important to specify that both parties involved in the data transfer must demonstrate compliance with the PCI standard by providing a certificate of compliance. These parties are on the one hand IXOPAY and the one that holds the existing data of the merchant, for example a PSP, an acquirer or the merchant itself. For further Information please contact our Payment gateway experts.

IXOPAY provides a comprehensive and efficient risk management tool that can be configured to meet individual business needs and prevent payment risks or fraudulent activities that your business may face.

Our integrated risk engine offers a plethora of risk rules and pattern recognition models that can be quickly customized, set up and adjusted to specific business parameters, helping our clients to avoid suspect transactions, reduce fraud and chargeback rate, lower tedious manual reviews and of course anticipate additional costs.

Our Payment Routing Engine allows clients to set up intelligent payment path rules, based on various parameters: credit card type, customer geo-location, BIN data, transaction type, transaction data, volume balancing and distribution, recurring or one-time payments, the acquirer of the initial transactions, etc...

Reduce payment declines or acquirer and bank downtimes:
The most common reasons why a bank rejected a transaction are due to triggered fraud & protection rules, like location (e.g: if the consumer’s card was issued in a different country than where the merchant’s business is located).
It is essential for online businesses to have a backup plan in place to avoid false-positive transaction that may be wrongly declined due to suspected fraud or geographic reasons and to ensure that such failed transactions are re-tested using other acquirers who are most likely to approve them.
In case of service interruption, clients can set up alternative paths to ensure a successful payment through alternative acquirers.

Improved payment processes and transaction costs reduction:
In an age of globalization and evolving market, merchants mostly use multiple merchant accounts and payment methods to offer their consumers the best payment experience. Using a routing engine makes it possible to create and organize payment processing plans according to various indicators such as: adapter's fees and transaction cost (cheapest first, most expensive last), geographical proximity to the next best acquirer or PSP and thus lower overall transaction costs and improved user experience.

Load balancing to mitigate risk:
Merchants with high transaction volume can benefit of using a load balancing payment gateway to divide credit & debit card payments and control payment flows across more than one merchant account. Load balancing is a great feature to lower the chargeback ratio and mitigate the risk of having funds held by an acquirer.

Yes, IXOPAY offers an integrated 3D Secure compliant Merchant plug-in (MPI) designed to facilitate the data exchange between the involved parties (Merchant, Cardholder, Card issuer) and authenticate the cardholders during the purchasing process.

3D Secure, also know as 3 Domain Secure, is a security protocol providing and additional layer of security when it comes to handling payments with credit and debit cards. This cardholder authentication process involves 3 parties:

  • Acquirer domain (MPI merchant Plug-in)
  • Directory Server (process of authentication via verified by visa/Mastercard Securecode)
  • Issuer domain (Access Control Server)
  • Easy to setup and control via IXOPAY’s interface
  • Increase consumer confidence while purchasing
  • Reduce risk of fraudulent activities
  • Lower cardholder disputes
  • Chargeback Liability shift: Possible shift of fraud responsibility from the merchant towards the issuer

An issuing bank is a financial institution that issues credit and debit cards to consumers (or businesses) on behalf of card schemes (Visa, MasterCard, AMEX, Diners, JCB, etc).

Also known as merchant bank or acquirer, all of those terms refer to a financial institution that enables businesses or rather merchants to accept and process financial transactions.

A merchant account is a type of bank account allowing a merchant or business to accept debit and credit card payments. A merchant account refers to an agreement between a business and an acquiring bank.

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