Buyer-Initiated Payments
Also referred to as ‘Push Payments’ or ‘Straight Through Processing (STP)’, this solution sees the payment process initiated by the Buyer’s system.
Push Payments is a straight-through payment service that enables buyers (cardholders) to initiate card payments to their suppliers (merchants).
The buyer sends a bulk payment request to ITS and our gateway processes this to ensure prompt payment to the suppliers.
Simplifies onboarding by reducing work for the supplier. This can help drive supplier acceptance facilitating expansion of the buyer’s Purchasing Card programme.
Our tokenised Card Alias service means that neither the buyer (cardholder) or supplier (merchant) are exposed to card details – greatly reducing scope for PCI-DSS.
Participating suppliers only need a merchant account (MID) – and ITS can help with this!
- Buyer-initiated bulk upload of card payments.
- Simplifies supplier onboarding.
- Tokenise card details to reduce PCI-DSS scope.
- Process all major credit & debit cards - Visa, Mastercard & Amex
Contact us to discuss your requirements or get set-up with one of our payment solutions.