Direct Debit Payment Gateway

Posted on Posted in Blog

Direct Debit Payment Gateway

 

At the core of Direct Debit Payment Gateway is the DD Service Provider which performs the following functions:

  1. Receives DD Authorization from the consumer on behalf of the merchant.
  2. Provides the merchant an interface to create, edit, suspend, delete payment plans for its consumers.
  3. Communicates with the consumer’s bank over a secure file transfer protocol providing information about credit accounts, debit accounts, amounts etc.
  4. Provides the merchant with transaction status reports.