Failsafe Payments is the payment system, that was worked out and start on spaces of the internet at the beginning of 2008 by a company Failsafe Payments Europe Ltd, well-known on software development for the electronic payment systems.
A company Failsafe Payments Europe Ltd was registered in April 2007 to the year in city Nicosia, Cyprus, as there is a billing company, giving to the local and international merchants doing business in the internet, different decisions, in area of e-Payments, including concomitant services, such as, for example, verification of transactions with the use of technology 3 – D Secure, facilities of protecting from a swindle and possibility of reception of alternative manners of payment.
In2008 acompany worked out and started to the electronic market the own payment system that presently is a success for clients from Europe.
In 2010 pay Failsafe Payments placed to the market a new product under the name CertoConnect created, to extend your possibilities on the reception of payments in the Internet and it easily to begin to accept alternative payments, using the known in-plant and international pay systems.
Principle of work with this payment system consists of that is opened bank account of merchant ekwayer and soft the pay sluice certificated on the standards of PCI DSS.
An account of merchant is a bank account, that allows merchant to take payment for supplied with goods and services from clients disbursing credit and in-clearing cards. Pay sluice – executes the task of technical treatment of card payments.
The payment system scores first to the user merchant in the European bank ekwayer, that an user could accept payments on basic international and local credit and in-clearing cards: Visa, MasterCard, American Express, Discover, Diners, JCB, Delta, Carte Bleue and other.
In dependence of necessities of client, his type of business and his accordance to the requirements of bank of эквайера, Failsafe Payments offers to the user to open either Direct merchant account or Sponsored merchant account.
In case of opening of Direct of merchant account merchant the payment system gives to the user free of charge protected, with wide possibilities and certificated on the standards of PCI DSS pay sluice of CertoDirect, that an user could process card payments.
Sponsored merchant account, given within the framework of product of the payment system CertoPay, that is a fully complete decision for a reception and treatment of payments on credit and in-clearing cards, and also payments, by alternative pay methods.
Direct merchant account is intended and comfortable for the use mainly large companies that usually already have processing history. And also to the companies that needs the billing descriptor and own pay page. Within the framework of product of CertoDirect.
Sponsored merchant account it is recommended to open to businesses, that satisfy requirements and parameters of safety of Failsafe Payments and general requirements produced to merchants for scoring first of this kind. In other words such type of account well befits to the companies that want to begin quickly to accept payments for itself on a web-site.
In completion it is desirable to mark circumstance that the payment system develops headily. So already now the interface of basic web-site of the system is translated into the Russian language, and it talks about future penetration of Failsafe Payments to the electronic market of Russia and countries of former Soviet Union.