CloudPayments Credit Card Processing Center

2023

Mir Pay Connection

CloudPayments partners (part of the Cloud group) can now offer their customers to pay with Mir Pay. The payment method can be independently enabled in your CloudPayments account. This was announced on August 10, 2023 by representatives of CloudPayments.

The Mir Pay payment method, developed, NATIONAL PAYMENT CARD SYSTEM allows you to make payments on the saved in. application to the card It is enough to link the card once "Mir" in the Mir Pay application, which is available for c. smartphones OS Android After payment, the client automatically returns to the page online store and can continue purchases.

CloudPayments partners have been testing Mir Pay since mid-July 2023, and the share of payments is already 5%. In general, CloudPayments estimates that the use of pay methods increases the payment conversion of online stores.

"The development of local pay services and card wallets is a trend in the domestic payment infrastructure. Mir Pay is an up-to-date development of NSPK in the modern landscape of technologies. We are glad to offer our partners another payment method, "said Artem Sannikov, Director of the CloudPayments Product Development Department.

Tinkoff Pay Connection

Service Internet-acquiring CloudPayments connected an additional payment method that Tinkoff Pay will allow you to pay for purchases from partners in a few clicks without entering card ones. data CloudPayments announced this on June 26, 2023.

You can enable Tinkoff Pay on the CloudPayments payment form of online stores in your personal account. Thus, all CloudPayments partner stores will be able to improve the user experience for customers when paying, increase conversion to purchase, and therefore their profits.

Payment through Tinkoff Pay allows you to pay for purchases in online stores immediately from the Tinkoff application, choose a debit account and save cashback. Thus, the card details are not transferred to third parties, which increases the security of payment. This is a more secure way than paying for online purchases using card data and SMS code.

We at CloudPayments want to give our partners maximum opportunities in the field of payment technologies. The addition of technological and demanded payment solutions will always be in our focus. Tinkoff Pay is convenient and secure. In our experience, shoppers prefer Tinkoff Pay to other ways to pay with convenience, extra options and increased security, and for an online retailer, it's a conversion enhancement tool that offsets the departure of Apple Pay and Google Pay wallets. As of July 2023, the share of Tinkoff Pay payments is at least 20% if there are alternative payment methods on the payment form. And according to our forecasts, this share will only grow, "said Artem Sannikov, director of the CloudPayments product development department.

We created Tinkoff Pay as an assistant in solving business problems. Tinkoff Pay increases the share of successful payments by 19% compared to paying with cards and allows entrepreneurs to earn more even with constant turnover. Now all CloudPayments partners will be able to increase conversion to purchase by connecting Tinkoff Pay and increase customer loyalty thanks to the convenience of paying without a card, "said Sergey Khromov, vice president of Tinkoff and head of Tinkoff Cash.

All users who have an account with Tinkoff and the bank's installed mobile application will be able to pay for purchases online using Tinkoff Pay through the CloudPayments service. The average payment time with a bank card is 73 seconds, and with Tinkoff Pay - 8 seconds. When paying from the desktop, the client is shown a QR code that needs to be scanned from a mobile phone, after which the bank's application will open.

2015

Accept payments in any currency

On October 7, 2015, CloudPayments announced the launch of a technology that allows you to accept payments not only in rubles, but in any foreign currency. This simplifies the entry of Russian Internet business into international markets.

Payment for goods and services can be made in dollars and euros, yen, tenge - more than 57 types of currencies in total.

According to the company, Russian Internet companies no longer need to open representative offices abroad, spend time and money on the CEO, employees, office rent, taxes, collection of documents, finally, to study the laws of another country. There is no need to collect the country's local currency, convert it and export it: cash debits take place in local currency. For example, a buyer from Kazakhstan receives an SMS notification about the withdrawal of the amount in tenge from his account, and the funds immediately go to the current account of the Russian Internet company.

Using the new CloudPayments technology, any LLC or individual entrepreneur can translate his website into a foreign language and issue invoices to buyers in local currency, debit funds from foreign cards and send them to his account without violating the laws of the Russian Federation.

Multidisciplinary Processing Center for Credit Card Processing

As of October 2015, CloudPayments is a multidisciplinary processing center for processing payments using bank cards of international payment systems Visa and MasterCard.

The system is aimed at Russian Internet companies.

CloudPayments is a designer of IT solutions for e-commerce market participants. CloudPayments partners receive a complete set of key technical options to create a customer-centric payment system on the site or in the mobile application. Payment acceptance is possible in rubles and other currencies of the world.

Payment on the site via widget

For online payment on the site using IFRAME technology, the system offers a payment widget - a pop-up window for entering bank card details and processing payment. The widget works in all browsers and is optimized for mobile devices.

System Demo Widget (2015)

Using the widget prevents the customer from moving from the store site to the payment gateway site, which minimizes the number of payment steps, focuses attention and increases conversion.

Payment on the site via API

If you need to accept cards on your side, manage the payment process and 3-D Secure authentication, the system offers a way to reduce the cost of PCI DSS certification using checkout technology.

Billing via Mail

To accept payments without integrating with the site, you can use email invoices. An order is created through a personal account or API, the amount and address of the payer are indicated, and after a few seconds the company's client receives an email inviting him to pay the invoice and a link to the payment form. Upon completion of the payment, the company will receive a notification.

Holding of funds

Holding - blocking money on the payer's card in anticipation of further debiting or canceling the lock. The system offers without including additional options, any payment to choose a company - to be made according to a one-stage or two-stage scheme (with holding).

Depending on the setting, the system can automatically credit blocked payments for any day at the company's discretion. The standard period for blocking funds is 10 days.

When debiting, you can also adjust the amount downwards.

Cancellation and refund

The system allows you to cancel any erroneous payment through your personal account or API. For two-stage payments - on any of the days before the end of the blocking period, and for one-stage payments - until the end of the day. The money on the payer's card will be unlocked almost instantly.

If the buyer refuses to buy, the company can return the entire amount of money or only some part through the personal account or API. Returns are made on any day after payment with no expiration date. The money will return to the buyer's card within a few business days.

Recarring

For payments in one click, the system proposes to use tokens: the first payment of the client is made with the entry of card details, then the system assigns a payment token to the client and transmits it through the notification system. This token can be used for non-acceptance payment without entering CVV and without. 3D-Secure authentications

Recurrent

The system offers the possibility of using recurring payments (subscription payment). The first payment is made by the buyer with the entry of card details, then a payment plan is created, for example, once a month, according to which the system will automatically debit the specified amount from the card. If the next payment is not made due to the lack of money on the card or any other, the system will send a notification and try again in a day.