ECash is a computer generated system which allows items to be purchased by credit card, check or by money order, providing secure on-line transactions and processing.


Overview
Ecash provides access to rapid, secure and reliable, real-time payment processing worldwide.

How ECash Internet Payment Processing Works

[1] Customer places order at Merchant’s web site.

[2] Merchant securely transfers order information to ECash over the Internet via a proprietary Electronic Commerce Messaging Protocol (ECMP). ECash receives order information and performs requested services simultaneously.

[3] ECash routes transaction authorization request through payment processor to the appropriate card system.

[4] The card system contacts issuing bank (customer’s bank) to request transaction authorization

[5] Issuing bank returns authorization to card association, or If the transaction is not authorized, ECash returns a message to the merchant's system, to be requestioned or cancelled.

[6] ECash receives transaction authorization and, if physical fulfillment is requested, sends a ECMP EDI message to the merchant or distribution center authorizing order fulfillment. Merchant or distribution center sends ECash a ECMP fulfillment notification to permit settlement, and ECash sends a settlement request to the issuing bank (customer’s bank). If authorization is for the sale of a digitally delivered product or service, the settlement request is made synchronized with the authorization.

[7] Issuing bank approves transfer of money to acquiring bank (merchant’s account).