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Offline Payment Processing in India

Discussion in 'Payment Processing' started by ashras99, Jan 28, 2011.

  1. #1
    Anyone have a idea or information how credit card offline payment processing can be done in India.

    What are the requirements and what's the procedure?

    Thanks in advance.
    SEMrush
     
    ashras99, Jan 28, 2011 IP
    SEMrush
  2. anurag_online

    anurag_online Well-Known Member

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    #2
    do you mean by that card swap machine? Its quite easy. You need to contact one bank in which you hold a current account. Following are the requirements:

    1. Address proof
    2. Current account number and bank statement.
    3. Phone bill (some banks ask)
    4. Photo identity proof (PAN card, voter card, driving licence)
    5. Firm deed or company memorandum.

    The bank people will send someone to your office to install the machine with in 7 working days.
     
    anurag_online, Jan 28, 2011 IP
  3. ashras99

    ashras99 Peon

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    #3
    Offline payment processing is not about just card swap machine, because i already contact the bank which i have my current account and they said only with credit card info and no card to swap, will not be possible. But that's quite common in overseas market.
     
    ashras99, Jan 29, 2011 IP
  4. anurag_online

    anurag_online Well-Known Member

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    #4
    It is possible. Some back must be providing it as if you notice around many magazine subscriptions use it. Contact some other bank to check.
     
    anurag_online, Jan 29, 2011 IP
  5. neo85willson

    neo85willson Peon

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    #5
    A smart card may have the following generic characteristics:
    magnitude similar to those of a credit card. ID-1 of the ISO/IEC 7810 standard defines cards as technically 85.60 by 53.98 millimeters (3.370 × 2.125 in). Another popular size is ID-000 which is technically 25 by 15 millimeters (0.984 × 0.591 in) (commonly used in SIM cards). Both are 0.76 millimeters (0.030 in) thick.
    Contains a tamper-resistant security system and provides security services (e.g., protects in-memory information). Managed by an administration system which securely interchanges information and configuration settings with the card, controlling card blacklisting and application-data updates.
    Communicates with external services via card-reading devices, such as ticket readers, ATMs, etc.
    These are the best known payment cards (classic plastic card):
    Visa: Visa Contactless, Quick VSDC—"qVSDC", Visa Wave, MSD, pay Wave
    MasterCard: Pay Pass Magistrate, Pay Pass MChip
    American Express: ExpressPay
    Discover: Zip
    Roll-outs started in 2005 in USA. Asia and Europe followed in 2006. Contactless (non PIN) transactions cover a payment range of ~$5–50. There is an ISO/IEC 14443 Pay Pass completion. Some, but not all Pay Pass implementations conform to EMV.
    Non-EMV cards work like magnetic strip cards. This is a typical USA card technology (Pay Pass Magistrate and VISA MSD). The cards do not hold/maintain the account balance. All payment passes without a PIN, usually in off-line mode. The security of such a transaction is no greater than with a magnetic stripe card transaction.
    EMV cards have contact and contactless interfaces. They work as a normal EMV card via contact interface. Via contactless interface they work somewhat differently in that the card command sequence adopts contactless features such as low power and short transaction time.
     
    neo85willson, Feb 5, 2011 IP
  6. olddocks

    olddocks Notable Member

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    #6
    If you are talking about accepting credit cards in "cardholder present" situation, then you need to contact ICICI, Axis, HDFC and Citibank. These banks offer card swipe machines for a nominal fee for shopkeepers and merchants. Just inquire with them.
     
    olddocks, Feb 5, 2011 IP
  7. ashras99

    ashras99 Peon

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    #7
    olddocks, as mentioned above we are not talking about swapping the card when you have the physical card. We are talking about when we have only credit card info and no physical card then how to process, that's we call offline card processing.
     
    ashras99, Feb 5, 2011 IP
  8. Red_Virus

    Red_Virus Well-Known Member

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    #8
    so are you looking to do it over the phone ? IVR transactions?
     
    Red_Virus, Feb 5, 2011 IP
  9. ashras99

    ashras99 Peon

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    #9
    Not on phone... manually using some machine for this task.
     
    ashras99, Feb 5, 2011 IP
  10. techiways

    techiways Member

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    #10
    I'm surprised so many of you here are unaware of offline card processing.

    * No hardware to buy and no software to install
    * Use it anywhere you access the Internet
    * No need to buy a card swiper


    When you signup for a merchant account, you are given a terminal / software through which you can bill customers manually.

    All you need is their name / cc numbers / etc.

    Such a facility is available in India however you need to contact your bank and talk to the manager about merchant accounts. In the US, its quiet easy to get a terminal merchant account.

    For US please visit
    http://www.linkpointsource.com/

    PayPal provides this feature but only to US and UK users

    https://merchant.paypal.com/cgi-bin...-content&content_ID=merchant/virtual_terminal


    Google Virtual Terminal credit card processing for more merchants
     
    techiways, Mar 6, 2011 IP
  11. Philipstraffic202

    Philipstraffic202 Peon

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    #11
    Thanks friends good informative details
     
    Philipstraffic202, Mar 7, 2011 IP