subject: Itransact - Drilling Rig And Tool Manufacturer - China Oil Pipe [print this page] Merchant accounts Merchant accounts
iTransact is a merchant service provider affiliated with Retriever Payment Systems/NPC, iPayment, Inc., PowerPay, Petroleum Card Service, International Merchant Solutions, Terminal Velocity Processing, Sage Payment Solutions, Nova Information Systems, and other payment processors. A merchant can obtain a merchant account from iTransact and integrate a physical terminal or a payment gateway obtained from iTransact or elsewhere.
iTransact provides merchant accounts directly to merchants, as well as indirectly as a merchant account partner to various credit unions, banks, network marketing companies, and other trade associations.
The iTransact payment gateway
iTransact payment gateway is compatible with most merchant accounts, including those obtained from competitors. Some of the processing networks compatible with iTransact include First Data (Cardnet, Nabanco, and Omaha), Paymentech, NDC Atlanta, Nova, and Vital. The iTransact payment gateway can be integrated into shopping cart software or used as a stand-alone virtual terminal. The iTransact payment gateway allows merchants to accept payments via both PayPal and traditional merchant accounts; PayPal compatibility is rare among traditional merchant account providers since PayPal is a direct competitor.
iTransact payment gateway service is available to merchants either from the company or via an iTransact reseller. Resellers can opt to private-label the iTransact gateway product and provide it to merchants invisibly, i.e., under their own brand. Thus, some other payment gateways are actually operating via iTransact.
Merchants and resellers using the iTransact gateway can use the basic "front-end" HTML- or XML-based service with a standardized transaction control panel and virtual terminal or the "back-end" XML service with a customized look and feel.
The iTransact payment gateway allows "Transactions by Telephone," whereby a merchant can dial directly into the virtual terminal and process sales without a live operator or industry-standard voice-authorization fees. The gateway also allows recurring transactions the ability to run a series of repeat transactions to customers at specified intervals.
Security
iTransact is Payment Card Industry (PCI) compliant. iTransact gateway clients run transactions directly on iTransact secure server or on their own secure server.
Some of the merchant security features of the iTransact payment gateway include:
Address Verification System (AVS): Indicates whether the address and zip code entered by a customer matches the corresponding information at the cardholder bank; allows the merchant to automatically decline transactions on full or partial mismatches.
IP Filter: Option to restrict orders to a specific IP address or range of IP addresses.
Min/Max Transaction Size: Option to automatically decline transactions for amounts too small or too great.
Card-Tester Block: Option to temporarily block all authorization attempts subsequent to a declined transaction.
"Proof of Life": Option to enable a CAPTCHA-type test on transactions.
References
^ AllBusiness.com, October 1, 2001. Retrieved 11 March 2008.
^ Win95 Magazine, November, 1996.
External links
iTransact web site
Categories: Electronic commerce | Merchant services | Companies established in 1994 | Privately held companies of the United StatesHidden categories: Orphaned articles from February 2009 | All orphaned articles
