Overview
Last updated
Last updated
PayShield's transaction processing (also known as "TxProcess") facilitates the online processing of Credit Card, Bank Transfer, wallet and many other payment options, while supporting the many different Transaction Types associated with the payment method. PayShield's transaction processing uses the 3 main different transaction workflows / lifecycles for an online transaction.
The combination of the different transaction types, payment methods and workflows makes PayShield's transaction processing able to handle any payment integration. Currently PayShield's transaction processing has over 400 integrations to different payment processors around the globe. PayShield's transaction processing can facilitate the Authorization transaction (the transaction collecting payment) for 3D Secure transactions. Along with supporting 3D Secure Authorizations, PayShield's transaction processing has the ability for rule based processing to limit exposure to fraud, and adhere to limits enforced by payment processors, to help maintain good merchant relationships with the processor.