Payment gateway for initiating QR-based instant payments
pay@WEB is a Payment Gateway solution/service for banks which enables the fast, safe generation of MNB standard QR codes and instant feedback for customers upon successful money transfer completion.
The pay@WEB service enables online merchants to have a simple way of presenting MNB compatible QR code presentation in their webshops, thus adding instant payment as a viable payment option in the checkout process.
Optimized to present the QR code as fast as possible
Based on Node.JS and NoSQL
Security above all
Using AES-128 encryption to present transactions, generating new key to each
Operations and development documentation
Optimized to cloud operators infrastructure
Supporting sector-standard infrastructure and technologies
Every service is accessible via REST services
Mimicking card payments' UI processes for a steep learning curve
Instant payment through pay@WEB? What's happening exactly?
The instant payment (AFR) infrastructure makes it possible for payments to be executed between Hungarian accounts within 5 seconds, 0-24, every day of the week.
The pay@WEB infrastructure allows the merchants to get the acknowledgment of the fulfillment of payment - there's no need for additional infrastructure.
The customer sets up the basket in the webshop
Merchant sends the requested amount to the bank and forwards the browser to the received link
pay@WEB presents the QR code
Similarly to the card payments, the account number, merchant and amount is shown
Customer scans and initiates instant payment
Using his/her own bank's mobile bank to scan and start the transaction.
Banks handle the instant payment
Money is transferred from customer's account to the merchant's account immediately
pay@WEB UI notifies the customer
The page is redirected to the merchant's webshop
Merchant uses pay@WEB interface to check status
Ascertaining the fulfillment of the transaction, and continues it's processes