Recurring: Batch Payments
Manage variable recurring payments.
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Easily manage submission of Credit Card batches – no card storage!
How it Works…
Batch payments enable merchants to upload a monthly batch file with variable amounts to be debited off a credit card. This is most commonly used in industry verticals such as insurance, telecoms, media, gyms and bill payment for the collection of services rendered. In order to process credit card batch payments, sensitive card data such as PAN and Expiry date are required to be stored for subsequent transactions to be submitted. Merchants can replace cardholder data with a Wirecard token that can be used for subsequent submissions.
Key Benefits
Card storage not required
Ideal for accepting variable recurring payments
Ultimate flexibility
Complete control over transactions
PCI compliant solution
Key Features
Upload all payments via a single batch
Batch submission results can be downloaded
Integrated tokenisation system
Files can be submitted and received via CSV or XML
View historical transactional information