Online Payment System: ProPay


Updated on May 18, 2008 | Link: http://propay.com
Type online payment system | 529 views | 2 clicks | Comments (1)

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General information

ProPay offers a simple, safe, and affordable service that gives you the ability to accept your customer's credit cards. No special equipment is required to use ProPay and there are no complicated contracts or commitments. Users can process cards over the internet or, for mobile transactions, using any touch-tone telephone, including cell phones, with ProPay?s "Push to Pay" functionality.

Currencies

VISA,MasterCard,Discover,American Express

Users

all

Fees

 

Basic

Premium

Premium Plus

Platinum

Annual Fee

 $34.95 $59.95 $119.95 $299.95

Accept VISA / MasterCard
3.50 % + $0.35
3.25 % + $0.35
2.99 % + $0.30
2.69 % + $0.25

Accept Discover

  
3.25 % + $0.35
2.99 % + $0.30
2.69 % + $0.25

Accept American Express

  
3.75 % + $0.35
3.49 % + $0.30
3.19 % + $0.25

Process via Internet

Process via Telephone
 

Linked Prepaid
MasterCard Card
 

Annual Statement
 

Checking Account
Transfers

Transfer Fee

 $0.35 $0.30 $0.25 $0.10

Processing Limits
(per transaction / monthly)
Note: There are NO monthly
minimums.

 $250.00 / $1,000.00 $500.00 / $3,000.00 $1,000.00 / $5,000.00 $3,000.00 / $15,000.00

Integration approaches

on-line

Information for developers

Enter your customer's credit card information using ProPay's website or a touch-tone phone.

To process a credit card, you will need to collect your customers:

  • Credit Card Number
  • Card Expiration Date
  • Zip Code
  • Transaction Amount

Once you enter this information, ProPay will give you an immediate authorization or decline so you know if the payment is valid.

  

Corporate Solutions

Merchant Accounts

ProPay can provide special discounts for companies that sign up large volumes of merchants. ProPay was chosen as the DSA (Direct Selling Association) Vendor of the Year and provides merchant accounts to the distributors of several multi-million and billion dollar companies.

Commission Payments

By paying commissions to a ProPay Account, you can decrease or even eliminate the cost of printing and processing checks. The person receiving the payment has the flexibility of spending it directly using a linked Prepaid MasterCard Card or transferring it to a checking account of their choice.

Branded loyalty/commission Prepaid MasterCard Cards

ProPay has partnered with MasterCard to provide a branded card linked to a ProPay Account. The user may spend his ProPay funds anywhere MasterCard Debit Cards are accepted or withdraw funds from over 900,000 ATM's worldwide. These branded cards can promote your business, build brand recognition and loyalty, and can be used as:

  • pre-paid cards
  • gift cards
  • budget cards
  • commission cards
  • bonus cards

Customized Payment Intranets

Payment intranets is a fancy way of saying that ProPay can be integrated into corporate payment systems to provide one or a combination of the services above. For example, one direct selling company offers ProPay accounts to their distributors and allows them to receive their commission payments directly into their ProPay Account. The distributor can then use all of their funds from direct sales and commissions to buy back inventory using their branded Prepaid MasterCard Cards.