Charles Elliman talks about PayU and the payment gateway landscape in South Africa

2. 2012
$289 billion U.S
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3. 2016
175 million online
shoppers in the
USA
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4. 2013
26 million online
stores worldwide
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5. 233 Million
Domain names
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6. 51%
South Africa, individuals
with internet access shop
online
*14 million internet users in SA
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7. What to look for when
choosing a payment
Gateway ?
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8. 1. Experience
Confirm how long the company
has been in the payment business
from trusted sources
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9. 2. Reputation
A good payment gateway has a
good reputation on how it provides
services to its clients.
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10. 3.Software Efficiency
Every payment gateway company has
various software packages to provide to its
customers. For a good company, they must
have worked with the software for a long
time and should be able to give you a test
drive for some time.
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11. 4. General cost of service
bundles
The general cost of services provided by a
payment gateway company should be open
and clear. Ensure you are not presented
with ambiguous tier percentage based
pricing
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12. 5.Security for clients
• SSL -Certificates secure all the data on your ecommerce
site
• PCI DSS -The Payment Card Industry Data Security
Standard (PCI DSS) is a set of requirements designed to
ensure that ALL companies that process, store or
transmit credit card information maintain a secure
environment
• 3-D Secure is an XML-based protocol designed to be an
additional security layer for online credit and debit
card transactions
• Fraud and risk monitoring tools
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13. 6.Additional services and payment
instruments
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Any extra service package offered by a payment gateway comes in hand with
better financial transactions for that company. E.g.
PayPal
E Bucks,Discovery
Visa ,Mastercard
Amex ,Diners
Vouchers
EFT
Debit cards
Wallets
Cash
Mobile
Call centre payment options
Fraud and risk management
PCI compliance card storage for 1 click shopping
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14. 7.Reporting and reconciliation
Even the most humble small business has
plans (usually big plans) for future growth.
When things get busy, a full suite of
backend reporting functionality is a musthave.
Bank reconciliation and markoff data
matching is crucial
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15. 8.Shopping cart and ease of
integration
• eCommerce shopping cart software has greatly evolved to
include far more than a basic virtual shopping cart for your
customers to add products to; it offers all the essential tools
you need to manage all the facets of an eCommerce
website.
• Ensure your gateway has API’s to integrate with your
shopping cart
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Magento
Bigcommerce
Volusion
CS cart
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16. 9.Disaster and recovery
• Disaster Recovery Plan (DRP) are to protect resources and
employees, to safeguard the organization’s vital records, and
to ensure the ability to function effectively in the event of a
severe disruption to normal operating procedures. The
primary role of the DRP is to plan for response, recovery,
resumption, restoration, and return after severe disruption
in service.
• ensure sufficient measures of redundancy are built in to
services
• to minimize the effect a disaster will have upon on-going
services and or operations.
• Choose a gateway that has multiple bank integrations
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17. 10.EASE OF USE ! And
Support
• For you as the merchant
• And for your Shopper
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18. •
4 continents
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16 countries
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13 years of experience
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Over 25 000 Merchants
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Over 50 cooperating banks
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Tens of thousands of supported merchants
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A few hundred million transactions
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Safe processing of billions of dollars
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10 language versions
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151 payment types in Africa
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11 tender types in SA
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Many currencies
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Local and global payment methods in 1 system
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1 click shopping experience
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PayU instalments (up to 36 instalments, )
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Dedicated solutions for the largest auction
platforms all over the world
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Part of international group Naspers
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19. A few of our Top Merchants ...
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20. Payment Tenders
American
Express
Diners Club
MasterCard
PayU wallet is an online and mobile payment method that enables credit card and
cash customers to quickly and safely transact. No bank account is required
Auto Pay allows Standard Bank customers to shop online using their
current, savings or transmission account
Cell Pay Point allows FNB customers to shop online using their current, savings or
transmission account via cell phone banking.
eBucks allows eBucks members to shop online using their eBucks
Visa
EFT
Recurring
payments
MiMoney is electronic cash which can be used for online purchases
Secure Payment allows Nedbank customers to shop online using their
current, savings or transmission account
PayPal PayPal is the safer, easier way to pay and get paid online. The service
allows merchants to trade internationally
PayD enables you to accept certain debit cards as an online payment method
USSD
Ukash is a cash payment method for those who wish to shop online but do not
have a bank account or credit card , and can be purchased at multiple retail outlets
country wide .
Discovery
Miles
WiWallet allows users to shop online using a mobile
wallet
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21. Anti-Fraud & Security
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PayU Anti-Fraud Services
• proprietary engine (developed since 2004)
• full and easy customization capabilities for
each merchant
• artificial Intelligence Engine
• monitored 24x7
• ready for integration with 3rd parties
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PCI-DSS compliance (Level 1) – since 2009 -
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McAfee Security – daily network scan
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3D Secure ready
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KYC procedures
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22. Contact us:
@: charles.elliman@payu.co.za
THANK YOU!www.payu.co