Virtual AccountsE-Wallet and Stored Account SystemsSupporting Repeat Customers and E-Wallet SystemsVirtual accounts bring particular benefits to business sectors that accept several payments from a single customer, making payments and activities simple to manage and reconcile. Insurance payments, leisure memberships, micro-payments, e-purse transactions and tuition and accommodation fees are all payment types that are simplified by the use of the Intera virtual accounts. Virtual accounts support a full range of credit & debit card, BACs and direct debit transactions and frequencies to allow businesses to seamlessly manage and track transactions for returning customers, recurring or continuous authority payments, credit payments and refunds. Virtual accounts are created for each cardholder, allowing individual payments to be matched to the customer and their order. Payments are audited and reconciled within the system to provide instant reporting on outstanding payments, balances and turnover. Any Questions?Contact us for a competitive quotation and find out how PayChannel can benefit your business. |