Last
week, Signio, Inc., announced availability of the Payflow LinkSM
service, the newest addition to their Payflow payment service platform
aimed at resellers. The Payflow Link platform enables small-and-medium
sized businesses to authorize, process, and manage unlimited credit,
debit, and Internet check transactions for a flat monthly fee. For
resellers, Payflow Link is an easy to use Web hosted payment solution for
their small and medium-sized customers.
Now
Back to Payflow Link
The
announcement of Payflow Link means that resellers now have the ability to
deliver to customers a cost effective Internet payment solution that
includes consolidated payment services for credit cards, debit cards and
Internet checks for a flat, low monthly fee. Payflow Link enables
merchants to connect their customers to a secure Signio-hosted
Payflow Link order form and use it to automate order acceptance,
authorization, processing, and the management of transactions.
Payflow
Link can be used to manually enter transactions without the need for an
Internet storefront, or can be added to any new or existing e-commerce
storefront site. Transparent to customers, purchasing data is processed by
Signio and sent to the appropriate financial institution or transaction
processor. Automatic clearinghouse (ACH) transactions are also available.
Payflow
Link also supports Signio Manager, a new Merchant Administration Service.
The Signio Manager service allows management of transaction activities and
configuration of the Payflow Link service. A suite of features includes a
transaction terminal, pre-defined or customized reports, search tools, and
the transaction details.
Benefits
of Payflow Link
Payflow
Link provides resellers with benefits, including:
-
Connectivity with more payment processors than any other solution
in the industry
-
Seamless and immediate deployment of payment services for virtually
every payment type—including credit cards, debit cards, automated
clearinghouse transactions, and Internet checks
-
Unlimited credit card and Internet check transactions at a fixed
monthly fee
-
Integrated fraud screening and risk management in partnership with
eHNC
-
Integration with major shopping carts and leading B2C and B2B
platforms including Intuit’s QuickBooks and CommerceOne’s MarketSite
-
Real-time credit card and check authorization averaging 2.2 seconds
-
Customizable back office reporting tools
-
24x7 Customer Service
“The
Payflow Link service enables small-and medium-sized businesses to conduct
secure automated transactions over the Internet in a fast and easy way.
With a cost-effective payment platform, resellers can now provide a quick
and robust solution to merchants of all sizes,” said Philippe Courtot,
Signio’s chairman and CEO. “With Payflow Link, Signio now delivers to
resellers an easy to deploy payment platform that can be activated in
minutes allowing their customers to focus on their core business.”
Some
Background
If
Signio is a new name to you, here’s some background. Signio is a
provider of payment services connecting online merchants, business to
business exchanges, payment processors, and financial institutions on the
Internet. Signio provides seamless connectivity across the
Internet, from e-commerce applications to all major back-end payment
processors and quickly enables companies to authorize, process, and manage
multiple payment types, including electronic checks.
Signio
boasts an impressive list of customers, including CBS Sportsline,
Store.com, furnitureonline.com, Network Solutions, Prime Sports
Interactive, wine.com, woman.com, and WebMD. Signio’s list of investors
is equally impressive, with names such as Intuit, Bank of America, and
Wells Fargo. Signio currently counts close to 2000 online merchants and
more than 200 resellers in its payment services network and has linked its
services with payment processors including EDS, FDC, Nova, Paymentech,
Telecheck, and Vital.
Signio’s
payment platform delivers a robust, easy-to-deploy payment solution that
enables a Web site to transform into an online storefront in a matter of
minutes.
Pricing
and Availability
Payflow
Link is available now for as low as $19.95 a month for unlimited
transactions. For more information about Payflow Link, or for information
on becoming an authorized reseller, visit http://www.signio.com.
Also
worthy of note, in December, VeriSign, Inc., a leading provider of
Internet trust services (the folks that issue digital certificates)
announced plans to acquire privately held Signio, Inc.
“With
the dramatic growth in online storefronts and B2B exchanges, customers are
looking to deploy trusted, reliable, and frictionless payment
solutions,” said Stratton Sclavos, president and CEO of VeriSign.
“Signio’s industry-leading payment services and deep relationships
with payment enablers allows us to expand our range of service offerings
and to further build out the trust infrastructure for the Internet.”
VeriSign
plans to offer Signio’s services through both its direct and indirect
sales channels and will collaborate with the Signio team to further
enhance the services that Signio delivers. Philippe Courtot, Chairman and
CEO of Signio. “By linking Signio’s payment services with VeriSign’s
widely-recognized brand, sizeable customer base, and global network of
resellers and affiliates, we can now further accelerate market adoption of
our payment platform.”
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