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Oracle iPayment enables you to perform efficient, reliable, and secure payment processing by building integrations with financial institutions and payment processors or by using one of the certified integrations that are provided out-of-the-box.
Enhance Value by Combining With The Entire Oracle E-Business Suite
Oracle iPayment works seamlessly with other Oracle E-Business Suite products to drive better decision-making, sustainable financial discipline, regulatory compliance, and optimized business processes at the lowest cost.
FEATURES AND BENEFITS Automate Payment Processing Accept and route inbound and outbound electronic payment requests to payment processing systems. Consolidate payments to eliminate redundancy, reduce costs and ease maintenance. Payments can be processed in real-time or on a scheduled basis. Support Multiple Payment Methods Payments can be via credit cards, purchase cards (levels 2 and 3), inbound and outbound electronic funds transfers, and the transmission of bills receivable transactions. Manage Credit Card Risk Oracle iPayment's risk management functionality enables merchants and e-commerce service providers to manage risk using a number of pre-defined risk factors and tools to verify identities and assess customer risk. Use Processor and Gateway Model Payment Systems Choose the best payment processing options for your business using Oracle iPayment's public APIs for credit cards, purchase cards and EFT. Oracle also supports out-of-the-box integration with leading third party payment systems including Citibank, Paymentech, First Data Merchant Services, and Concord EFS.
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