Electronic payment (E-Payment) facilitates a money-secured transfer from a consumer's account to the retailer's account. E-Payments are not exclusively limited to online transactions. Their scope includes in-store, card-based transactions (credit, debit, gift card) as well as check processing and credit notes. Retailers are adopting E-Payment more readily as it continues to lower costs for their business. The more payments they can process electronically, the less they spend on paper and postage. Offering electronic payment can also help businesses improve customer retention, both in store and online.

Simplify the payment process

Raymark's E-Payment™ solution keeps our customers competitive, simplifying the complete payment process to meet retailers' needs seamlessly in conjunction with our POS solution, regardless of the payment method. The solution is designed to support all payment structures - cards (both debit and credit), checks, credit notes, gift certificates, house accounts or a combination of more than one payment method.

By integrating all payment functions into Raymark's E-Payment™, we eliminate the challenges a retailer may encounter both domestically and internationally when a single payment processor cannot serve their specific needs to the standards outlined by their financial institutions.

Raymark's E-Payment™ manages the various parameters necessary for communication with processors/gateways according to specific protocols and specifications of the merchant bank and processor. The system is carefully designed to log the transaction data flow and rectify any problems within the transaction, which helps in identifying various parameters and errors. Its seamless design was developed to test, certify and integrate numerous complex processor and business requirements for electronic transaction processing.