PayOnline System

PayOnline System is an electronic payment system. The scoring system of monitoring of transactions by a processing center of PayOnline System allows to minimize the risks connected with actions of unfair payers without subjecting clients to tough and long checks.

The electronic payment system of PayOnline works at the Russian market since 2009. More than three thousand online stores, online services and mobile applications became clients of the company. Integration with ten large banks in Russia, Europe, Asia and North America was carried out that allowed the company to cooperate with the enterprises registered in 50 countries and to process payments in more than 25 currencies. Additional offices in Yekaterinburg (Russia), Almaty (Kazakhstan), Prague (Czech Republic) and Miami (USA) were opened.

2016: PayOnline by the principle of the designer

Since November 1, 2016 PayOnline proposes to the market single payment solution which is set up by the principle of the designer: the uniform basis and ten additional instruments of increase in conversion which are provided to all clients free of charge and are connected on demand through the personal manager. The department of risks of PayOnline which helps the client to save 100% financial safety of business on the way to profit increase and maximum conversion to successful payments which can reach 99.2% also takes part in the choice of additional tools for each certain client.

Such tools as enter advanced functionality of PayOnline:

• autopayments,
• card binding to the account of the payer on the website of online store,
• "freezing" of means on the card of the payer,
• billing on payment by e-mail,
• setup of protocol 3-D Secure,
• integration of a payment form into the page of the website or mobile application;
• expansion of geography of payment acceptance.

Except the listed instruments of development of a usability of process the check miss, PayOnline offers experienced Internet entrepreneurs an opportunity of thin setup of 150 filters of a monitoring system of fraudulent transactions.

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The service component of PayOnline did not undergo significant changes:

• the personal manager for each client;
• free technical support service;
• the round-the-clock call center for payers;
• electronic document management;
• the online interface for management of payments and the analysis of financial flows;
• open zone of information search in payments for payers;
• the loyalty program for payers.

Financial policy of the company also changed - according to market demands and growth of the competition among payment service providers and banks. The upper limit of a commission rate was reduced by 1%. Since November first the range of the rates provided to the Russian enterprises of e-commerce was from 0.4% to 2.9%.

2014: PayOnline completed transition to the safe cryptographic TLS protocol

On October 14, 2014 the description of the found critical vulnerability of the cryptographic SSL protocol was published in the blog of Google "Online Security Blog" corporation. The processing center of PayOnline in 2012 transferred process of data exchange between participants of processing of cashless payments (the payer, a processing center, merchant acquirer) to the safe TLS protocol. However for convenience of the clients continuing to use the protocol SSL, PayOnline continued support both the SSL protocol, and the TLS protocol. After vulnerability detection, aiming to ensure the maximum safety of the clients, PayOnline stopped support of SSL. Transition to the TLS protocol was complete on October 21, 2014.

Not all representatives of the market of e-commerce know what is cryptographic protocols. It is explained by the fact that in work of most online stores and online services information which needs to be transferred in encrypted form is not used. Define whether information is ciphered on any website, it is simple: it is necessary to pay attention to an address bar. If at the beginning of the website address you see https://, so the website uses HTTPS (HyperText Transfer Protocol Secure) - the expansion of the HTTP protocol supporting enciphering. The data transferred under the HTTPS protocol are ciphered using the cryptographic SSL or TLS protocols.

The SSL protocol was drafted in the first half of the 90th. The first version (1.0) was not published. The second version (2.0) "was issued" in 1995 and was characterized by a set of shortcomings of security relation. Their completion led to development of the third version of SSL (3.0) released in 1996. For nearly 20 years the SSL protocol was used for protection against the attacks based on listening of network connection. The set of vulnerabilities with the different level of criticality which were liquidated was during this time revealed. Experience of development and development of SSL formed a basis for creation of the TLS protocol. TLS developers considered experience and errors of predecessors, and created the safest a data encryption method today.

The processing center of PayOnline for which data security issues always were in a priority transferred process of data exchange between participants of processing of cashless payments several years ago (the payer, a processing center, merchant acquirer) to the safe TLS protocol. Because a number of clients of PayOnline continued to use the SSL protocol, the processing center for several years supported both protocols. After detection of the last serious vulnerability specialists of PayOnline made the decision on completion of support of the unsafe protocol. Recommendations about transition to the cryptographic TLS protocol were submitted to all clients of a processing center using HTTPS. Process of transition was complete on October 21. PayOnline supports the TLS protocol of all existing versions.