Category Archives: Online Banking Payment

Payment Gateways, secure way to collect money online

Doing great online business, selling the stuff, and handling awesome services is not just enough, to survive in Online ecommerce business.

Collecting money, is of paramount importance?

How, and by what means, is a welcome question, it is worth a consideration. If you are running any online business setup, say online store, service provider or anything of certain value, the money should be collected in your Merchant account.

As all our setup and hard work can go vein, if our way of collection is not secure, efficient and low cost. This step to collect money online by customers is accomplished by the latest software called the Payment Gateways.

How can you use Payment Gateway?

There are many latest Payment Gateways, which need to be installed. But the thorough survey, is very important as these installations are not free, for the simple reason, you can check the fees (PayPal is at 2.9%+$0.30 per transaction, and apart from that you need to give $30 per month as rental).

 But no need to worry for all that arrangement as Radiant Pay is a payment solution company based in London, which can give these services at much negotiable rates, and give your Ecommerce proper guidance, as what gateway can suit your type of business online. 

If Your Online Transaction Fails or Decline, Don’t worry, Radiant Pay is in control

Can you get the money back if the online transaction fails somehow, and your amount is deducted?

Where can you go to claim that?

At many big showrooms, and megastores we used to see, something is written alongside some glass decor or any brittle object, “nice to see, good to hold, and if broken, considered Sold” because no business can bear loss. As simple as that.

But have you ever thought of the uneasy and restless condition of a customer, who feels helpless in no man’s land, after discovering that the amount from his or her debit or credit card is deducted during the transaction, without getting anything?

Or in other cases, the payment transaction gets declined when one needs that service or product drastically. 

The above mentioned two situations are worst to be in, for any client after looking to get that product.

 So what are the solutions?

In recent times, RBI in India came up with some customer-friendly advisory for all Banks operating in India. In the case of a failed transaction, the Banks will have to give fine to the clients. These guidelines are of course very customer-friendly. 

Because one can understand the dilemma of the customer, as to what to do? Where to approach and what should be the process that they should go through, all these incidents are annoying to be an inn, as when and how to get the money back into their account after that. 

RBI issued the guideline in a T+5 format, or the fund is deposited in the account back in 5 days otherwise Rs 100 should be the fine on the related Bank every day in the case of ATM failed transaction, and if UPI it is T+1, that is only one day, the fine should be given to the client at Rs 100 daily while online payment of PayPal, Google Pay, or any other. That sounds like something reliving.

What Is Radiant Pay’s role for smooth Transaction Online?

Radiant Pay is a leading Payment solutions provider in many countries like the UK, and many European countries, where the major transactions in many online businesses are taking place at every moment today. Radiant Pay is a London based online payment agency which is helping to give seamless and flawless payment solution to some of the leading offshore ecommerce companies.

Radiant pay is a trustworthy establishment and a step ahead of all its competitors, it is a fourth runner in acquiring the latest digital software or payment gateways to outperform many other solution providers.

Radiant Pay is involved in boosting your Ecommerce business day and night, rendering many exclusive and sharply shaped payment packages to multiply your type of business online.

We are more active at any juncture when the need arises, to clear a transaction if some issue related to its volatile and high-risk nature arrives. Our team of troubleshooters and qualified experts finds an instant solution and makes the payment possible into your merchant account, to reduce the chances of declined transactions, and loss in the precious business opportunity.

We, at Radiant Pay, are expertly facilitating our clients with high-value payment acceptance with our networks and known understanding at many offshore issuer Banks and establishments, to get the transaction cleared at any cost for a business deal.

Radiant Pay is a solution provider in your online business, as the online users are using many methods to pay you via Credit Cards, Debit cards, Online direct debit, payment via PayPal, Google Pay, or any type of online payment which you can think of.

The process ACH & Check Processing, High-Risk Processing, and providing the Merchant Accounts in many offshore banks are done with great ease and mastery at our, only the Radian Pay.  

So if you and your ecommerce business are finding any sort of issue related to the online payment within your beloved business, come to Radiant Pay, and get everything fixed at one stop. Your Online business should be sitting on a goldmine, rather than wandering in unwanted hustles related to the online payment process.

How Online Payment Processing Offers Multiple Benefits?

Banks are still the main source of the payment processing system, which largely allows users to make payments, setting accounts, nowadays it also offers a reliable and secure way of banking through online banking system it offers to process of credit card and wire transaction and many other ways of transferring funds in the processing of buying and selling of goods and services. The process is changing quickly as other institutions have become involved in the payment process, and banks no longer have the monopoly that they once did.

The online payment processing systems involve a complex system of transferring funds with more than two parties.  While conducting an online transaction, the payment processor will be contracted by the merchants, to guide in processing the transaction on behalf of banks that acquire the credit.

To enable an online payment system all you need is a merchant account. This will make Real-time online payment processing that runs rapid and secure ways for merchants to be paid for their goods or services. The almost immediate methods that offer high security from fraudulent purchases as the online payment needs verification and that is necessary before that transaction gets completed.

Online payment processing, benefits, not only the merchants, who accept almost instant payment for the goods or services that they offer, but it also provides great convenience of making immediate payments to the customers also. The most popular form of transferring funds with the use of cards, businesses missing accepting credit card payments may be facing doomed failure.

One of the biggest benefits of online payment processing is derivative from the ability to keep records of the different types of payments. With a steadfast merchant account, a merchant can easily access payments from the customers and can also gain entrance to processes such as automated payments and recurring billing, which can all be used to rise the growth of the business, as customers can grow to appreciate the convenience.

Online payment processing is now at the heart of eCommerce, as it offers consumers the suitability of a fast and secure payment method for the purchase of goods and services with the use of credit and debit cards. It also helps merchants by professionally grip a large amount of transaction.

 

The Hottest Trends in Online Banking

The Hottest Trends in Online Banking

Sanding in bank queue is toughness work to pay your card bills or other documents waiting for your bank statements to arrive in the mail? Welcome in the ear of internet banking, the best alternate option of banking when you don’t like to stand in a queue or going to the bank physically for the transaction. Nowadays It uses internet banking with advanced computerized technology to give a seamless experience to users to avoid time-consuming tasks and paper-based work of conventional banking for the better management of financial accounts more efficiently and easily. 

With help online banking system, you can manage and control your banking transaction easily whenever or wherever you want without any hassle with internet access. Online banking gives your high flexibility with huge advantages, gives you the best convenience, easy to use, high security and comes with the latest term of technology and the use is absolutely free of cost. 

Online banking gives you varied benefits and security features for every customer who needs safe and easy banking solutions. almost it offers every facility you need to do from your home or office. Hence, internet banking has been improved with even more user-friendly techniques to make banking easy and fun. 

Bills Payment – when you use online banking there is no need to stand up in the queue. pay your bills online at your convenience. Scheduled payments for the recurring transaction is the best option you can avail with internet banking.  

Account Details – it gives you benefits to keep track of your account details anytime anywhere. you able to view balances, account statement, deposits, interest rate, and loan account easily. You can even print your account statements weekly as per as your requirements. 

Electronic Statements – You can get an electronic statement in your mobile phone, so there is no more waiting for the mail. you can view all details on the app, access past statements for easy financial work. 

Fund Transfers – Easy transfer of funds between your multiple bank accounts in local or foreign banks. You can also request for demand drafts. Create Scheduled transfers to accounts within your bank. Define the amount, effectivity and frequency of your payments.

 

Online Banking Payment—Make Life Easier and Cashless

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With an increasing online portal on the internet, online industries are not leaving any stone unturned to provide customer satisfaction. With the rapidly changing technology, these industries are adopting the online banking payment method that is the preference of all the customer these days. It should happen as online stores provide all kind of facility to the customer in just one click even easy payment option with online banking.

The online banking services are new, and most people have not heard about it, and it is more like dealing with virtual money that does not include any real paper transaction. Hence, most people still hesitate to accept this service.

Here we will discuss the merchant who provides the online banking services for European countries, UK, and London, and now it is stretching its wings all over the world. Yes, Radiant pay is a London based online payment processing company that provides payment processing solution in the UK and other countries.

Online payment processing services are spreading its wings, but still, it has few advantage and disadvantages. Its strength is—it is convenient to use, pay bills, and 24*7 availability because the virtual bank never closes. The main issue with online banking payment is trust. The user does not understand whether the payment is successful or not.

For alleviate, Radiant pay offers online banking processing with a manual guide so that everyone can learn and use it correctly. It is offering secure online banking option for merchants.

What is Online Banking Payment and What are Its Benefits?

Online Banking PaymentOnline banking payments refer to the transfer of money or payments made digitally for the purchase of any good or service.

In the dynamic world, there are lots of benefits of online banking services.

  1. Reduce time

When doing your financial operations, you only need to connect from your home, office or from a mobile to perform any activity in your accounts.

  1. Do procedures where you want and whenever you want

You can use your computer (or your Smartphone, with some banks), you only have to access the internet to check your account status, transfer money and make payments. In general, mobile banking services are free, only consider that you can generate charges depending on the cellular company you belong to and the type of plan you have hired.

  1. You can perform several banking operations

Movements, credit card payments, balance inquiries, service payments, airtime recharge and transfers between your own accounts. Technology can facilitate your financial obligations. According to specialists, 20% of people access online banking services through the Internet using mobile devices.

  1. Take control of your account payments and ask for alerts

Do not waste any more time on visits to the bank! With online banking, in addition to avoiding printed account statements, you can pay your bills and keep all your payment records in one place and very easy to find. If you wish, you can also schedule automatic payments using your debit or credit card, such as the payment of basic water, electricity and telephone services. You can make them as it includes alert option too.

The Radiant Pay team is a powerhouse of excellent minds who work together to provide comprehensive solutions, tailor-made just for your business.

http://www.radiantpay.com/online.html

The advantages of credit and debit cards that did not have told you

online card processing solution, credit cards payment solutions, online card processing solution,

Plastic money, along with mobile payment solutions have become great tools of our day to day. Are you going to travel and besides the cash in the local currency, do you want to go with the peace of mind to be able to pay or get more if you need it? Your online card processing solution is the best option. Have you forgotten the wallet? Nothing happens. You can pay with your smart phone in a lot of places. These are just some of the solutions of your day to day that you can cover. But surely you want to know in depth the advantages and disadvantages of online card processing solution to get the most out of them as a good smart consumer.

Advantages of credit and debit cards: all the details

Probably, when it comes to understanding the advantages of credit and debit cards, the first thing to know is exactly how each one works. Radiant Pay is one of well know credit card solution provider. To know more about its services browse the site http://radiantpay.com/creditcard.html

The credit cards payment solutions are like a credit that the bank grants you. For example, if you make an online purchase at Amazon, it is the entity that advances the payment money to the necessary store and then you return it to your bank within the agreed period. Depending on the chosen modality, you will pay the amount at the end of the month, with a fixed amount or in a specific number of monthly payments by online card processing solution, the interest to pay depends on each entity, but as a general rule if the modality is “payment at the end of the month” there is usually something else, if, for example, you use it to extract cash at an ATM or use another form of deferment.

The debit card works differently. In fact, the same purchase you pay automatically with the money available in your account.

The advisable thing is to have both, since you can use them adapting them to your specific needs. This will give you more flexibility and greater financial freedom.