EInnovator Payments Gateway Overview
EInnovator Payment Gateway provides an out-of-the box solution to enable Payments in your applications. Monetize your applications from day one.
In provides a customizable UI that can be used by users to manage their payment data, make payments, obtain invoices, and get money back. Administrators can also use the UI to manage payments, and perform auditing activities.
It has support for configurable multi-currency handling, and country-specific tax configuration.
Feature Overview
EInnovator Payments Gateway provides a variety of feature that makes it suitable to only for billing, but also to support complex marketplaces involving multiple parties and roles.
| Feature Area | Feature | Use Cases |
|---|---|---|
| Card Management & Payments | Personal and Organization Cards | Manage User and Organization cards with PCI Compliance |
| Stripe and PayPal Integration | Interface with Stripe and PayPal | |
| Country Taxes | Configurable Country Taxes | |
| Bank Transfers | PLAID, SEPA bank payments and transfer | Automate direct payments with transfer bank transfers |
| Customizable fees | Implement marketplaces with platforms fees | |
| Invoices & Purchase Orders | Invoices | |
| Purchases Orders |
By default, the Payment Gateway uses Stripe and PayPal as cloud payment gateways. But integration with others can be added on demand.
Payments & Monetization — Background
Virtually all application and platforms require payment processing to be done within the system for monetization, and/or enabling business transaction. Thus what ever the industry, or business model, payment processing and management is required at some point in application workflows.
While variation in detail are possible, the benefits of making use of a reusable payment infra-structured for payments, rather than reinventing the wheel should be self evident.
Credit/Debit cards management and payments are a minimal required capability to have. Security and compliance mandates that specific practices are followed in order to ensure the integrity of transaction and security of the the data.
Integration with Bank transfer networks, like PLAID in US and SEPA in Europe, are also a often add on to support many business cases.
Proper invoicing, tax handling, fee structures, and purchase order management, are other nice to have features and sometime essential to some business model.
Related Publications
Comments and Discussion