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abas PAY

What is abas PAY?

abas PAY is a payment processing solution powered by Vantage that improves the control and accountability of business-to-business payments while lowering costs for abas users. Today, B2B commerce and invoicing are being transformed by the use of commercial card products like corporate, business, purchasing and GSA (government) purchasing cards (p-cards). Interchange is the single largest component of a merchant’s discount rate pricing and is collected and paid to the card issuing bank. abas PAY ensures that users receive the best available interchange rate, keeping costs as low as possible.

Level 3 Processing

Level 3 processing refers to passing the line item detail from the invoice when submitting the sale transaction for settlement. Using abas PAY, merchants benefit from passing required Level 3 Data with sale transactions, which is additional information about a transaction commonly found on an invoice, such as product/service descriptions, quantities and other details.  This allows users to save by receiving the lowest available interchange rates issued by Visa and MasterCard.

Tokenization

In B2B commerce where repeat and recurring business and government orders are the norm, tokenization is an important component of your payment acceptance strategy. Tokenization replaces sensitive data such as primary account numbers (card or checking) with a “token,” and removes the value of the data to criminals while maintaining its value to your business.  Limiting contact to sensitive payment data can dramatically reduce your Payment Card Industry Data Security Standards (PCI DSS) compliance scope and provide significant risk mitigation. abas PAY requires you to use tokenization to improve overall security.

How abas PAY ensures security

abas PAY increases security in a number of ways. There is an option available to e-mail a secure payment form to your customer that will then create a card or ACH token that can be used in the future, so you never have to handle the customer’s sensitive payment data at all. This would be the best practice for you and your customers because they are the only ones handling their confidential information and the abas user only interacts with the token number. The post authorization infosystem also supports multiple charges with one credit card transaction. This is beneficial in scenarios where the customer requires a specific amount, such as the lump sum of multiple invoices, to be charged as a single transaction in order for payment authorization to take place. When customers never want their payment method stored to their profile, even as a token, then a one-time use token can be used. abas PAY is also able to securely handle Automated Clearing House (ACH) payments. ACH vendor payments can be accepted in all the same ways as card payments, tokenized and securely stores as a payment method in your customer’s profile.

Benefits of abas PAY

  • Qualify for the best card payment processing rate
  • Process consumer, commercial and international card payments at lowest possible costs
  • Meets GSA & P-card Level 3 data requirements
  • Store customer and payment profiles in PCI DSS data vault
  • Process recurring and repeat payments
  • Eliminate the need to re-key data when entering payment information
  • Increase card data security
  • Minimize time spent on payment processes

Contact us to learn more about abas PAY, or find out more about Vantage.

703-444-2500
+43 1 319 15 19
+49 721 96 72 30
703-444-2500
+38 061 21 37 855
+420 241 931 544
+31 (0)85 3033 555
+421 903 717 980
+55 - 11 5054 - 5500
+852-2793-3317
+91 77559 04373
+62 (21) 293 19 366
+603-56124999
++94 76 666 9070
+66 81 6297375
+359 2 423 61 56

Contact

Your consent can be withdrawn at any time by sending an email to [email protected] . We assure you that we will treat this information as strictly confidential and that it will be used by abas Software AG and abas partners only (privacy policy).

North American Headquarters

703-444-2500
abas USA
45999 Center Oak Plaza
Suite 150
Sterling, VA20166

North American Headquarters

703-444-2500
abas USA
45999 Center Oak Plaza
Suite 150
Sterling, VA20166

Infocom Ltd.

+38 061 21 37 855
bul. t. Shevchenko, 56
Zaporozheye
69001

amotIQ sro

+420 241 931 544
Belnická 603
252 42 Jesenice u Prahy

ABAS Business Solutions Nederland BV

+31 (0)85 3033 555
abas Netherlands
Beilerstraat 24
9401 PL Assen

amotIQ sro

+421 903 717 980
amotIQ sro
Palarikova 36
900 28 Ivanka pri Dunaji

SHP Informática Ltda

+55 - 11 5054 - 5500
SHP Informática Ltda
Alameda dos Jurupis, 452, 7°andar - Conjunto 73/74
Sao Paulo - SP 04088-001

abas Business Solutions Limited

+852- 2793-3317
abas Hong Kong
1621, New Tech Plaza
34 Tai Yau Street
Hong Kong

abas Force India Pvt. Ltd.

+91-77559-04373
abas India
303, Aspiro Complex, Opp. Thyssenkrupp,
Pimpri Stn. Road, Pimpri,
Pune 411018

PT. abas Information Systems

+62 (21) 293 19 366
abas Indonesia
11620 Taman Aries, Jakarta barat Jakarta
Grand Aries Niaga G1-2H

Synchro RKK Sdn Bhd

+603-56124999
abas Malaysia
Sunway Geo Avenue,
Jalan Lagoon Selatan
Sunway South Quay,
Bandar Sunway
Subang Jaya Selangor 47500

Providence Global Pvt Limited

+94 770415387
Providence Global Pvt Limited
752/1
Dr De Silva Mawatha
Colombo 09

Wisdom Information Systems

+66-29340451/52/53
Wisdom Information Systems
208/5 Ladprao Soi 126
Bangkok 10310

abas Бизнес Сълюшънс България ООД

+359 2 423 61 56
abas Бизнес Сълюшънс България ООД
жк. Младост 1А, бл.553А, офис 1
1729 София