Payment Guarantee (Enterprise Acquiring) adds a full suite of merchant processing features to Vesta’s Payment Guarantee solution.
Enterprise Acquiring performs the following functions:
- Full Service Transaction Prosessing - Vesta handles all aspects of transaction processing including settlement, reconciliation, bank deposits, and refunds and works with multiple acquirers to provide backup transaction processing services in cases of processor outages.
- Fraud Detection - Vesta analyzes device, behavioral, and transaction data to identify and reject fraudulent transactions before they are submitted for approval.
- Chargeback Management - Vesta manages all aspects of the chargeback process including logging, deposit adjustments, and disputes as well as providing a guarantee for all fraud-related chargebacks.
Incorporating transaction processing with our fraud prevention tools can provide the following benefits:
- Improved Fraud Detection - Handling the relationship with acquiring banks gives us additional data to enhance our fraud detection capabilities.
- Increased Transaction Acceptances - Improved fraud detection means rejecting fewer good transactions, and with Enterprise Acquiring, we connect with backup transaction processors in the event of outages.
- Reduced Compliance Requirements - Our transaction acquiring services and our hosted payments page enable us to handle most of the compliance requirements for you.
- Enhanced Regulatory Maintenance - We keep track of changing regulations and update our transaction processing and fraud detection services so that you do not have to.
- Improved Customer Experience - We use our fraud detection expertise to reduce friction during customer authentication and increase transaction acceptance rates.
Enterprise Acquiring includes the following features:
- Hosted Payment Page - Embed our transaction processing services in your application to reduce your exposure to PCI requirements. See the HPP documentation for details.
- Strong Customer Authentication (SCA) - Our SCA features improve our risk decisioning capabilities and meet all identity verification requirements. Our 3DS implementation fulfils the requirements for SCA as laid out by the Payment Services Directive 2 (PSD2) legislation in Europe.
- vPortal - Dashboards and reports provide insight into chargebacks and fraud and make it easy to manage your Vesta account.
- Support - Vesta’s applications run on a secure, highly-available network operation center (NOC), which provides a 24/7/365, real-time payment service monitoring solution. In addition, backup acquirer services ensure transactions can be processed even if one acquirer experiences an outage.
See the following pages for additional information:
- How It Works - Descriptions of the technology that Vesta uses to protect your business and example workflows that show how to seamlessly integrate Enterprise Acquiring with your application.
- Integration - Step-by-step developer guides that cover setting up your Enterprise Acquiring account and integrating the Enterprise Acquiring services with your application.
- HPP - Product, configuration, and integration details for the Hosted Payment Page.