Flashnet eSolutions acts as the intermediary between a vendor and the financial institution via its 'Virtual Vendor' system.
Two distinct services are offered, covering the full spectrum of both credit card and bank account electronic authorisation and settlement. These services include Virtual Vendor and Virtual ACB.

Aside from the advantages in being able to process large numbers of transactions at a time, the vendor no longer requires an Electronic Data Capture (EDC) terminal and radio or telephone link to the bank - this, in itself, offers cost savings to the vendor.

All the vendor requires in terms of infrastructure is access to the Internet and the ability to send e-mail.

All that is required from the card holder or account holder at the time of making a purchase, is his/her credit card number, expiry date and C.V.C. or, in the case of a bank transaction, the account details and permission to debit the facility.

Virtual Online
This service is designed with ease of use, for the merchant, and security for the cardholder in mind. To this end the merchant presents a transaction to Flashnet eSolutions with a unique reference number, a description and amount and is returned the response from the cardholders bank after, our system has requested approval for the transaction.

The merchant is never permitted access to the cardholders card details. The service operates as follows: The merchant registers with Flashnet eSolutions for the 'Virtual Online' service.
The merchant places a Credit Card Payment option button on the payment page and creates two additional web pages, over and above the actual web site.
The additional pages are for APPROVED transactions, this could be used to thank the customer for the business and to explain the procedure for delivery of the goods/services purchased.
And for DECLINED transactions explaining that the transaction has not been approved and displaying the response received from the customers bank that is returned with the decline.

The merchants web site takes the customer through whatever process the merchant offers and once the amount of the order has been calculated a button is pressed by the cardholder. Flashnet eSolutions establishes an SSL3 secure link with the browser and presents the next page to the cardholder. This page contains the merchants logo and displays the reference number, description of the goods and the amount provided by the merchant. It also contains fields for the cardholder to enter the necessary card details. Once the cardholder has completed the fields and pressed the button the transaction is presented on-line to the cardholders bank for authorisation. Depending on the result of the authorisation request the cardholders browser is diverted back to the merchant site.

Virtual ACB
Flashnet eSolutions has extended its service offering to include debit orders to be collected from cheque and/or savings accounts.

The submission and processing of transactions is enabled via a Virtual Terminal. You capture either a single debit or a recurring debit. These are then presented to the ACB or your bank for further processing.