A value-added benefit of the Data Paradigm platform is the eBusiness features and functionality sets. Data Paradigm has consulted with leading companies such as Oracle and Novell.
Our platform has the capability to support and integrate with virtually any form of eBusiness service, including:
ACH/Electronic Funds Transfers
Electronic check processing through an Automatic Clearing House (ACH) debit to the customer's account can take many forms. Check information can be taken over the Internet and processed as a form of online electronic check. It can also be taken over the telephone or through a virtual terminal as well as through an automated system, such as an Interactive Voice Response (IVR) unit, where no human interaction is necessary.
The payments can be the result of a one-time purchase, monthly fees that are due, or even collection calls made by collection agencies or departments. ACH transactions settle within two banking days, which can be much quicker than a paper check. In many instances, electronic transactions take priority over paper check settlement at banks. We also support Automated Recurring Billing (ARB), which is a convenient and easy-to-use tool for submitting and managing recurring, or subscription-based, transactions.
Credit Cards/Payment Cards/Gift & Loyalty Cards
Studies have shown that accepting bankcards can increase a merchant's sales by up to 25%. Regardless of their type - Retail point-of-sale, Mail/Telephone Order, Internet, or even Home-Based - We can provide a Credit or Debit Card, or Electronic Bank Transfer solution for any merchant!
A digital wallet, or eWallet, functions much like a physical wallet. The eWallet is simply a method for storing various forms of electronic money. The eWallet gives users the option to transfer their payment or electronic money information both securely and accurately, which results in better usability and ultimately more utility and flexibility for the customer or representative.