Live Payment Gateway,LPG, is the first MENA region local currency based payment gateway enabling online merchants to accept payment from millions of wealthy
people who live in this region in their own local currency and by their local debit cards without the hassle of
international payment card rules such as "charge back" or "unfair currency exchange rates".
LPG will facilitate these transactions by connecting International or Local Merchants to huge potential consumers who hold millions of local debit or credit cards and take the roll of a Dynamic Currency Exchange Platform .
For the first time, millions of wealthy people can become the
new customer for online merchants by using their own local cards.
Features
Online Settlements
- Multiple and customizable Electronic Funds Transfer (EFT) format support.
- Flexible end-of-day timing for merchants to define their settlement cycle and time.
- Flexible end-of-day timing for the Acquiring Banks to ensure all settlements are performed at a time of
convenience for the bank and its merchants.
- Full, partial and balance settlements to cater for different types of settlements.
Online Authorization
- Easy processing of each transaction in a real time.
Online Reversals
- Full and partial reversal of authorized amount for cases where the customer asks for the cancellation of
an order or where the merchant is unable to deliver ( subject to each network availability).
Merchant Integration
- Integrate the merchant's system with all the leading operating systems and web
server platforms by providing a
plug-in.
- Easy integration with stand-alone applications, whether developed in-house or purchased.
- Open published APIs for tighter integration with merchant's processes and systems.
- Open standard based XML structure for all transactional information which simplifies integration.
- Support for all leading shopping cards.
Security
- Merchant authentication through the use of digital certificates, ensuring the highest level of encryption
currently available (currently a 128 bit SSL with 196 bit keys).
- A simple range of buyer authentication mechanisms including:
1. Card Number
2. Card Verification Value 2 (CVV2) and/or Card Personal Identification
Number (PIN)
3. Card Expiry date Merchant Account Support
Broad range of merchant features linking:
- Multiple bank accounts
- Multiple payment accounts
- Multiple currency acceptance
Multiple e-Payment Channels
-
Internet based online Payments Gateway
- Interactive Voice Response Systems (IVR Support)
- Internet/dedicated kiosks
- Physical and Virtual POS
- SMS payment gateway and Java based application for mobiles.
Reports and Management
- Web based reporting interface for anytime, anywhere access to key information related to transactions.
This interface is secured and authenticated by digital certificates.
- SMIME (encrypted email) based reporting of transactional information.
- Downloadable Coma Separated Values (CSV) and Excel (XLS) formats to adapt to any custom
reporting requirements.
- Reconciliation services available to reconcile data between the merchant, LPG and the banks.
- Transaction management support.
- Detailed transaction history reports provided on request.
24 x 7 x 365 Support
- Manned support center, with toll free number, is around the clock, 365 days a year.
Authenticated Payments
-
LPG complies with authenticated payment initiatives of each country central bank members.
Currencies and Networks
"LPG" will let merchants to sell their products and services in major currencies as below:
and accept following currencies directly:
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