Payment Processing Software Development Services

About Payment Processing Software Solutions

Financial transactions are the lifeblood of retail businesses, and with the surge in digital purchasing, ensuring a smooth payment experience is paramount. Software for payment processing caters to a diverse range of payment alternatives: from credit/debit cards to mobile payments and a whole host of digital wallets, including those facilitating international transactions. They also play a pivotal role in enhancing transactional security, deterring fraudulent activities, and achieving essential compliance.

The automation prowess embedded within these solutions negates the need for manual data entries, minimizing human-induced errors and ensuring rapid transaction processing. Consequently, businesses can offer faster checkout experiences.

By accepting varied electronic payments, businesses organically expand their clientele, as customers are more likely to make purchases if they can conveniently pay with their preferred method. Advanced features even allow the addition of region-specific payment gateways, amplifying the user experience.

Modern solutions also prioritize data security. Making use of advanced encryption, tokenization, and fraud detection mechanisms, these platforms ensure payment information remains secure. Their versatility further shines through in their ability to integrate seamlessly with other operational software, such as accounting systems, CRM platforms, and ERPs

Features

Payment processing system

Payment gateway integration
Visitor tracking
Email campaigns
Lead scoring
PCI compliance
Payment tokenization
Split payments
Third-party system integration
Multi-channel support

Supporting multiple payment methods
Fraud detection and prevention
Event tracking
Forms and landing pages
Recurring billing
Customizable checkout
Digital invoicing
Customer authentication
Batch processing

Lead management
Automated data entry
Audience segmentation
Subscription management
Real-time reporting and analytics
Refund and dispute management
Multi-currency support
Payment retry
3DS protocols

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Work Process

Payment processing software development includes several stages, each requiring its own team of specialists. As a rule, special attention is paid to integrations with other e-commerce software.

1

Project planning

We create tasks, plan our work, and set priorities.

Team:

Project Manager

2

Business analysis

We analyze the client’s infrastructure, develop task specifications, and look for solutions for the client’s problems.

Team:

Project Manager
Business Analyst

3

UI/UX design

We create usable and appealing interfaces for various audience groups.

Team:

Project Manager
Business Analyst
UI/UX Designer

4

Back-end development

We develop the server side.

Team:

Project Manager
Business Analyst
UI/UX Designer
Back-end Engineers
Manual QA Engineers

5

Front-end development

We develop the user side.

Team:

Project Manager
Business Analyst
UI/UX Designer
Front-end Engineers
Manual QA Engineers

6

Integrations

We analyze the software to be integrated and complete two-side integrations.

Team:

Project Manager
Business Analyst
UI/UX Designer
Front-end Engineers
Back-end Engineers
DevOps Engineers

7

Testing

We perform various types of testing: manual, automated, unit, and integration.

Team:

Project Manager
Manual QA Engineer
QA Automation Engineer
Back-end Engineers

8

Implementation and training

We develop training materials and implement the system in the client’s company.

Team:

Project Manager
Technical Writer
DevOps Engineers
Support Engineers

Our company specializes in projects for
Retail & E-commerce

Why Do You Need It?

When it comes to handling financial transactions, retailers face many challenges, including high levels of declined payments. But by working with payment processing software developers, you can eliminate almost all of them, including the following:

High transaction volume

Your company handles vast transaction volumes

Security issues

You want to improve payment security

Multiple sales channels

You work with various sales channels

Manual processing issues

You deal with manual processing errors

Lack of analytics

You want to receive robust payment and sales analytics

Ineffective reconciliation

Payment reconciliation is inefficient

Unorganized transactions

Your transactions lack organization

Fraud issues

You deal with financial losses due to payment fraud

Few payment options

You offer limited payment options for your customers

Elaborate transactions

You receive complex international payments

High commissions

You have high transaction commissions

No subscription

You can’t offer a monthly subscription

High level of refusal

The high refusal rate for card payments

Transaction loss

You lose a part of your payments

International payments

Many transactions from other countries

Our Standards

In our work, we follow international approaches and standards such as:

Management:	PMP
Design:	ISO 9241-210
Programming:	Coding conventions, MDN Web Docs, Naming convention
Python:	PEP 8
JS/TS:	ECMA, JavaScript Standard Style, Google TypeScript Style Guide, ESLint
PHP:	PSR
С#:	ReSharper
HTML/CSS:	W3C
Security:	GDPR
Testing:	ISTQB