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Secure Vault

PayG’s Secure Vault for Every Business

Secure Vault

  • Guaranteed funds with rapid settlement increases cash flow.
  • Safe payment method enhances customer trust.
  • Saves money on payment processing compared to credit cards.
  • Secure vault payments eliminate the burden of collecting, storing and protecting consumer and bank information.
  • The more ways customers have to pay you, the more sales you will get.
secure vault payments  –  PayG

Secure Vault is a card tokenization which empowers dealers utilizing the service to save their customer’s card information in PayG's PCI DSS Level 1 database and get a token to be needed at the time of processing future transactions instead of utilizing the card number.

The customer’s vault enables dealers to safely store payment data in a PCI compliant environment that can come to use for future payments. A business can spare different payment techniques with a single customer vault ID for online web transactions. Electronic payments and the credit card both can be spared utilizing a similar client record. The client vault operates payments through a safe payment gateway and followed by all PCI compliance Security Council rules.

PayG can store your customer's card details in our secure vault. On their next checkout, customers no longer need to re-enter the card details and can enjoy a more seamless experience. All credit card information is handled through inscribed payment gateway captures, channels and approvals, refunds and settlements are overseen remotely without putting away any cardholder information locally.

Zero

setup fee

Account Activation

few minutes

Accept Payments

in minutes

Advantages of Secure Vault:

  • All the card information is saved inside a PCI secure vault.
  • The need for the dealer to save the card details is put to the end
  • Perfect for dealers needing to actualize a fast checkout process for known clients.
  • Replaces the use of card number while processing the re-occurring payments.
  • Card numbers can be pushed consequently to the vault and supplanted with tokens.
  • Consistent procedure to include an erase card numbers inside the vault.
secure vault payments  –  PayG
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secure vault  –  PayG
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How it functions

Basically — tokenization is a fraud-prevention technology intended to secure sensitive payment credentials, such as:

  • Credit card number
  • Cardholder names
  • Expiration dates
  • CVV codes
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Step 1

Cardholder initiates transaction and enters their sensitive credit card data.

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Step 2

Credit card information goes to the merchant acquiring bank in the form of a token.

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Step 3

Acquirer transmits the token to the credit card networks for authorization.

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Step 4

When approved, the client's information is being put away in the banks made sure about virtual vaults and the token gets coordinated to the client's record number.

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Step 5

The bank further verifies the funds and allows or declines the transaction.

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Step 6

On the off chance that the approval is fruitful, a one of a kind token is then come back to the vendor for current and future exchanges.

Zero

setup fee

Account Activation

few minutes

Accept Payments

in minutes

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Do more of what you always wanted

On the whole,using a PayG Merchant Dashboard system to supplement your regular Dashboard lets you increase your sales and build new customer relationships beyond the confines of your location, which in turn spurs growth and provides new opportunities to expand your business.

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