IPSP & 3rd Party Processing Solutions
As the world of e-commerce continues to expand, many so-called one-stop-shop or all-in-one payment solutions have emerged. “IPSP” (Internet Payment Service Provider) and “Third Party” Processing solutions typically combine a sponsored or shared, aggregate credit card processing account with all the necessary technology and services needed to fully manage the payment process and the commerce related risk. This kind of approach can vastly simplify the rollout of e-commerce for very small merchants, and merchants with very limited technical resources.
Still, even with the dramatic growth in these kinds of solutions, only a handful around the world will accept — or have the expertise to support — hard-to-place or high-risk merchant types. And even those that do may not have the tenure, experience or stability that both merchants and banks rely upon. That’s where IPS comes in; IPS brings IPSP and 3rd party solutions that are more flexible, more experienced and with specific focus in these categories. Merchants will benefit from:
- Multiple payment methods, including credit cards, online check (ACH), EU payments, e-wallet payments and more
- Comprehensive customer payment interfaces, multilingual pages, email receipts, self-service account management systems
- Comprehensive merchant tools, reporting, invoicing, customer management, transaction adjustments and more – 360-degree, 24-7 customer response, fraud prevention and risk management services
- Greatly reduced paperwork, bank requirements and policy limitations
- Faster, simplified setup and launch
One of the greatest benefits to merchants of IPSP and 3rd party processing is the support of a true business partner who shares the risk with you, and whose interests are completely aligned with yours.
This model allows all kinds of merchants the ability to truly focus on creating and marketing great products and services, and leave the complex and critical details of safe and effective payment systems to a trusted partner like IPS and our hand-picked partners.