Online Payment Services

Comtrust has pledged to play an active role in providing state of the art infrastructure to facilitate growth of e-trade in this region. The fundamental concern for banks, card associations, merchants and consumers is the transactional security involved in electronic transactions over the Internet. In order to address this issue that was truncating e-commerce growth, Comtrust responded with a family of services and products designed to ensure a much higher level of security for Internet-based transactions than has been available previously.

Comtrust Online Payment Service enables merchants and e-commerce enabled organisations to initiate the authorisation and settlement by their acquiring bank of online transactions, as well as to perform adjustments such as reversals and credits on previous requests.

Comtrust is currently providing a robust and secure infrastructure to the Acquiring banks in the UAE to offer merchants and consumers a secure and efficient way to conduct Internet based transactions. The service allows merchants to accept credit card transactions online. The service is expected to provide UAE based businesses, a significant advantage for them to compete in the online world.

Comtrust offers capabilities for securing credit card transaction processing in two key areas: SSL (Secure Sockets Layer), today's best resource for online transactional security, and certified SSL where both parties have Digital certificates.

In SSL and certified SSL environments, transactions are protected by an extensive encryption protocol. To participate in these environments, all users are required to have SSL certificates that ensure they meet the encryption and decryption requirements of the protocol.

Comtrust Payment Services are designed to provide merchants a secure, easy to use gateway to acquire credit card payments over the Internet. Merchants utilize these services for various applications from merchandising products over the Internet, rendering online services to accepting fines and tokens. The flexible and modular design of this infrastructure provides the customer a choice of service options.

A merchant account needs to be established by the merchant, with an acquiring bank. Comtrust will provide details on the banks which can provide online acquiring services. Comtrust will create payment account on our payment server to provide the interface with credit card companies and banks to ensure that web shoppers are authorized to make purchases on their card. And electronically transfer your customer's funds to your business account, once the online credit card sales transactions are complete.

For more info on our products please email us at info@comtrust.ae