Accept Online Payments
& Capture More Revenue
Exact Payments is a high performance payments platform optimized for digital commerce. From local retailers launching a new online store to large global brands expanding online and mobile channels, Exact delivers a comprehensive set of capabilities for both business-to-consumer (B2C) and business-to-business (B2B) clients.
With the continuing growth in digital commerce, our clients invest their resources in offering the best products, attracting new customers and delivering exceptional customer service. When it comes to payments, they count on Exact… 24 x 7.
The customer journey has dictated how businesses have to adjust quickly and discover new ways to reach clients online and on-the-go. The result has been an acceleration in innovation and giving customers new ways to order and pay. Just think— order ahead, curbside delivery, at-home delivery, weekly/monthly subscriptions and contactless payment took off overnight and now your customers expect them. Online and mobile channels not only enable you to meet these growing demands, they give you an opportunity to stand out from the pack.
With Exact Payments, you can unlock the power of these business models. We help you build seamless buying experiences and ensure your payments are processed and funded on-time, every time.
TECHNOLOGY THAT GROWS WITH YOU
Exact Payments puts reliability, scalability and speed at the forefront of our development priorities. After all, nothing is more important than getting your payments processed quickly and your sales funded on-time and accurately. What’s more, Exact consistently invests in the new payment options, security features and value-added services our clients need to keep pace with the changes and opportunities in their businesses. We are a partner you can count on today and every day.
Exact Payments helps reduce the time and hassle of accepting online payments from your customers, while:
features that fit your business model
Level 2 and 3 data for commercial card payments
Card verification (CVV) and address verification service (AVS)
Fraud management including velocity controls, block lists, and filters
EMV® 3-D Secure
Multi-currency (140+ global currencies)
How do I know which payment methods to offer my customers?
The short answer is to offer any payment method which is convenient for your customers. In the US and Canada, credit and debit cards are the most popular payment methods representing more than 70% of payment volume for many ecommerce stores. Beyond that, digital wallets feature 1-click payments which are optimized for mobile shopping experiences. Apple Pay, Google Pay and Paypal are great options to consider for mobile commerce.
What is Tokenization and how does it protect my business?
Tokenization is the process of replacing an actual credit/debit card number with an algorithmically defined value and then storing that token value in the service provider (Exact Payments) or merchant’s system. When all credit and debit cards are replaced by tokens, exposure to and liability for data breach and fraud is virtually eliminated. Exact Payments offers full support for Tokenization and strongly recommends its service for all clients.
What is 3-D Secure and how does it benefit my business?
3-D Secure is an industry standard for cardholder authentication in online transactions. Visa, Mastercard, American Express and Discover promote and recommend merchants implement 3-D Secure in their online and mobile channels. Merchants using 3-D Secure enjoy a fraud liability shift which means losses resulting from fraud are assumed by the Issuing Bank rather than the seller.
How long does it take for my payments to be funded?
Funding timelines are set by your merchant acquiring bank and typically defined in your customer agreement. Many bank acquirers offer 1 – 2 business day funding.