You are here: Wholesale Banking > Corporates > Payment Gateway Services

Payment Gateway Services
Overview
Business-to-Business
Direct Pay Mode of Payment
Payment Gateway Services
Business-to-Business

HDFC Bank's payment gateway EPI provides seamless real-time transfer of funds transacted on the portal.

It is a state-of-the-art facility which has been successfully implemented by as many as 15 B2B portals, such as VSNL, Sifymall, Fabmart, etc.

HDFC Bank has a dedicated HELP DESK set up in the four metro cities and Hyderabad and Bangalore along with a round the clock maintenance with efficient back-up.

The entire operation takes place through a secure channel. The security features include:
Firewalls
128 - bit encryption
SET certification for digital signature

For more details, write into us at v.venkatagiri@hdfcbank.com
and we will get back to you.
Payment Gateway for Portals features:
The Infrastructure: Key Features
EPI : Some More Features
Payment Gateway : EPI
Portal & Payment Gateway: Handshake
Basic Requirements : The Portal and the Client
System Features
Other Features
Validations performed by Payment Gateway
Advantage to the client and the portal
Additional utility to the portal

Payment Gateway for Portals features
State of the Art
Successfully Applied
Secured
Full Backend Support

The Infrastructure: Key Features
Well Trained and Customer Focussed personnel
CPU : The Core
End to End Connectivity : Seamless Operations
Most advanced software which offers flexibility in integration
World standard hardware
Round-the-clock maintenance with efficient back-up
Dedicated Help Desks

EPI : Some More Features
Immediate Reconciliation hand-off
Accessibility only to Registered Clients
Entire operations through a Secured Channel
Strong Backend Support Systems to maintain synergy between the Bank & the Portal

Payment Gateway : EPI

External Interface (Through Browser) with External Entity (B2B Portal).
Online, Real-time settlement of funds
Portal credited Instantaneously
Customer's a/c reflects Desirable Narration

Portal & Payment Gateway: Handshake
We study the Portal's
  • Business Module
  • Database Management
  • Technology Platform
  • Firewall and Security Systems
Our IT / Product Development Group discuss the issues with portal team
Together We chalk out a roadmap
We do the testing of Dr / Cr. and reconciliation
After successful tests we Provide "Pay Button"
Finalise service / maintenance issues

Basic Requirements : The Portal

Signs off an agreement with HDFC Bank
Is allocated a Specific Identity Code
Opens a Specific Account for credit of funds
Builds Logic for exchange of URLs between the HDFC Bank and Itself

Basic Requirements : The Client

Opens (If not already has) a/c with HDFC Bank
Signs on with HDFC Bank as EPI User
Maintains clear funds for all portal payments
Can't reverse the "once authorised" transaction
Can't part pay for the goods / services ordered (allowed if it is pre-defined)
Can cancel the transaction before authorising
Taxes on Wealth
Gift Tax (since abolished)

System Features

Client has no access to Portal Database
Client has no access to Portal Data maintained with the bank
Bank has no access to the Portal Database
User log-in screen can be customised to display Portal name and features

Other Features

Earmarking of funds
Value Dating
Escrow Accounts
Integration of SCM module

The Payment Gateway Module will perform the following validations

Reject if invalid Internet customer id/password.
Reject if insufficient funds in account selected by the customer to make the corresponding purchase.

The Payment Gateway provides the following advantages to the client:

An User-friendly Interface
An Efficient Funds Transfer Mechanism
Facilitates Purchase of Goods online, round the clock
Instant access to Funds Position and Account Statement
HDFC + a/c facility --- added facilities given by the bank to the customer

The Payment Gateway provides the following advantages to the portal:

Instant and Assured Funds
Online Funds Confirmation
Real Time Risk Management
Straight Through Processing
Automated Reconciliation Process
Reduction in Mid/Back-Office Operations

Additional utility to the portal:

Third Party Funds Transfer Through Net
Opportunity to use Bank's Supply Chain Management (SCM) product for a synergy with suppliers / sellers
Account Access Through Net for complete MIS
Synergy between goodwill of your prominent B2B portal and the Bank: A winning combination.
 
Enet
Agricultural Lending