E-commerce
E-commerce
Riyad Bank eCommerce solution provides the merchants with a highly secure solution to process payment transactions through the internet, so that the merchant links the website or the mobile application through electronic payment gateways as (MasterCard payment gateway - MPGS) to allow the card holders to pay through the merchant’s website or application electronically.
E-commerce
Riyad Bank eCommerce solution provides the merchants with a highly secure solution to process payment transactions through the internet, so that the merchant links the website or the mobile application through electronic payment gateways as (MasterCard payment gateway - MPGS) to allow the card holders to pay through the merchant’s website or application electronically.
Benefits:
- Providing digital payment solutions with advantages and payment options that suit the merchant's needs in different commercial activities, that will streamline your online business with ensuring a high efficiency.
- The ability to accept and use global and local payment networks: MADA, Visa and MasterCard.
- It is easy for the buyer/cardholder to pay by card in a secure manner and through Apple Pay mobile devices.
- Supporting the security authentication protocol EMV 3DS, to decrease the fraudulent transactions.
- Provide to your customers a various payment options and modes, the supported payment transaction;-
Features:
- Purchase; A type of transaction that results in a deduction from the cardholders’ credit card or MADA debit card by an amount charged by the merchant for the goods or services purchased using the card
- Authorization and capture; A temporary amount authorization or reservation placed by the merchant on the customer's credit card and MADA Debit card, keeps the customer's authorized amount for a future payment process called “Capture”
- Recurring Payment; Recurring installment: The e-commerce merchant provides an agreement with the credit card or debit card holder that allows the merchant to automatically debit the card holder's account at agreed time for fixed or variable amounts on monthly basis for subscription services.
- Mail Order/Telephone Order (MOTO); a type of payment where the customer provides payment card information over the phone or through the mail.
- Refund and Void; A process initiated by the Merchant to return funds/purchases to the Cardholder in connection with a prior purchase of goods or services or price adjustment
- Card On File (COF); when a business, with the cardholder’s consent, stores the payment card data. The cardholder can then reuse the details for future payments and faster checkouts. Also to use tokenized (Tokenization) card in several payment types such as subscription.
Benefits:
Providing digital payment solutions with advantages and payment options that suit the merchant's needs in different commercial activities, that will streamline your online business with ensuring a high efficiency.
The ability to accept and use global and local payment networks: MADA, Visa and MasterCard.
It is easy for the buyer/cardholder to pay by card in a secure manner and through Apple Pay mobile devices.
Supporting the security authentication protocol EMV 3DS, to decrease the fraudulent transactions.
Provide to your customers a various payment options and modes, the supported payment transaction:
- Purchase; A type of transaction that results in a deduction from the cardholders’ credit card or MADA debit card by an amount charged by the merchant for the goods or services purchased using the card
- Authorization and capture; A temporary amount authorization or reservation placed by the merchant on the customer's credit card and MADA Debit card, keeps the customer's authorized amount for a future payment process called “Capture”
- Recurring Payment; Recurring installment: The e-commerce merchant provides an agreement with the credit card or debit card holder that allows the merchant to automatically debit the card holder's account at agreed time for fixed or variable amounts on monthly basis for subscription services.
- Mail Order/Telephone Order (MOTO); a type of payment where the customer provides payment card information over the phone or through the mail.
- Refund and Void; A process initiated by the Merchant to return funds/purchases to the Cardholder in connection with a prior purchase of goods or services or price adjustment
- Card On File (COF); when a business, with the cardholder’s consent, stores the payment card data. The cardholder can then reuse the details for future payments and faster checkouts. Also to use tokenized (Tokenization) card in several payment types such as subscription.
Features:
- Purchase; A type of transaction that results in a deduction from the cardholders’ credit card or MADA debit card by an amount charged by the merchant for the goods or services purchased using the card
- Authorization and capture; A temporary amount authorization or reservation placed by the merchant on the customer's credit card and MADA Debit card, keeps the customer's authorized amount for a future payment process called “Capture”
- Recurring Payment; Recurring installment: The e-commerce merchant provides an agreement with the credit card or debit card holder that allows the merchant to automatically debit the card holder's account at agreed time for fixed or variable amounts on monthly basis for subscription services.
- Mail Order/Telephone Order (MOTO); a type of payment where the customer provides payment card information over the phone or through the mail.
- Refund and Void; A process initiated by the Merchant to return funds/purchases to the Cardholder in connection with a prior purchase of goods or services or price adjustment
- Card On File (COF); when a business, with the cardholder’s consent, stores the payment card data. The cardholder can then reuse the details for future payments and faster checkouts. Also to use tokenized (Tokenization) card in several payment types such as subscription.
Please fill & sign the below editable PDF agreement in the box, and kindly reach the nearest location as shown below.
E-commerce
Download Agreement
