PayHalal Payment Gateway Explained

What is a payment gateway and what is its role in ecommerce?
PayHalal is a Islamic payment gateway for the Islamic ecommerce service that processes payments from CASA,E Money to credit card payments for online and traditional brick and mortar stores.
PayHalal Payment gateways facilitate these transactions by transferring key information between payment portals such as web-enabled mobile devices/websites and the front end processor/bank.
PayHalal Payment gateways fulfill a vital role in the Islamic ecommerce transaction process, authorizing the payment between merchant and customer.
PayHalal payment data processor analyzes and transmits transaction data. PayHalal Payment gateways authorizes the transfer of funds between buyers and sellers.

How PayHalal payment gateways work

When a customer places an order from an online Islamic store, PayHalal payment gateway performs several tasks to finalize the transaction:
* Encryption:
The web browser encrypts the data to be sent between it and the vendor’s web server. The gateway then sends the transaction data to the payment processor utilized by the vendor’s acquiring bank.
* Authorization Request:
The payment processor sends the transaction data to a card association. The credit card’s issuing bank views the authorization request and “approves” or “denies.”
* Filling the Order:
The processor then forwards an authorization pertaining to the merchant and consumer to the payment gateway. Once the gateway obtains this response, it transmits it to the website/interface to process the payment. Here, it is interpreted and an appropriate response is generated. This seemingly complicated and lengthy process typically takes only a few seconds at most. At this point, the merchant fills the order.

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Clearing Transactions
The steps outlined above are repeated in an effort to “clear” the authorization via a consummation of the transaction. However, the clearing is only triggered once the merchant has actually completed the transaction (shipping the order). The issuing bank changes the “auth-hold” to a debit, allowing a “settlement” with the vendor’s acquiring bank. The processor is then relied upon to settle all of the vendor’s approved authorizations with the acquiring bank at the end of the day.
Other PayHalal Payment Gateway Functions

PayHalal also screen orders with a myriad of helpful tools. This screening process filters out as much non halal and fraud as possible. Examples of gateway fraud detection tools include:
* Delivery address verification
* AVS checks
* Computer finger printing technology,
* Velocity pattern analysis
* Identity morphing detection
* Geolocation

PayHalal Payment gateways even calculate tax amounts to authorize requests transmitted to the processor.

PayHalal is the leading halal E-Payment Solutions for Halal ecommerce platform for growing and mid-market Islamic retailers. Use PayHalal For Receiving Web Payments And Invoices?If you’re accepting payments regularly, sign up for a PayHalal Dagangan business account to get more helpful solutions and enjoy discounted rates.See fees for businessEnjoy safer shopping for Halal goods and servicesSign Up NowSimple, straightforward fees for businesses.There’s a one time set up minimum fees which gives spread of API technology goodies . We simply charge a small fixed transaction fee based on your total sales volume which is void of gharar ( uncertainty and speculative charge s). The more you sell, the lower the fee.Fee estimates based on your sales volume.

Fee 2.9% + MYR1.00

See the fees breakdown existing customers can apply for discounted rates.

Use PayHalal For Receiving Web Payments And Invoices?If you’re accepting payments regularly, sign up for a PayHalal Dagangan business account to get more helpful solutions and enjoy discounted rates.See fees for businessEnjoy safer shopping for Halal goods and servicesSign Up NowSimple, straightforward fees for businesses.There’s a one time set up minimum fees which gives spread of API technology goodies . We simply charge a small fixed transaction fee based on your total sales volume which is void of gharar ( uncertainty and speculative charge s). The more you sell, the lower the fee.Fee estimates based on your sales volume.Fee2.9% + MYR1.00See the fees breakdownExisting customers can apply for discounted rates

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*The fixed fee is based on overseas payments received in USD, or whatever the relevant currency is. Additional currency conversion fee may apply.1 Your application for discounted rates is still subject to approval.

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* If the information in your withdrawal request is incorrect or incomplete, the funds will be returned to your PayHalal account and a return fee will apply. Your bank/card may charge additional fees.

http://www.payhalal.net

salam@payhalal.net

Published by PatSalam

PayHalal Islamic Payment Gateway

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