Maldives Payment Gateway
Maldives Payment Gateway (MPG) offers the means of making and receiving payments electronically to all our customers. Merchants with a valid enabled account can use the system to submit, authorize and capture card transactions in a 3D Secure environment without the need for a separate terminal for transactions. MPG facilitates new opportunities for businesses to expand further and the opportunity for creation of new businesses. MPG is a real-time transaction processing system that functions as a payment gateway switch using secure transaction servers on the internet.
MPG provides the tools to process payments between customers, businesses, and banks. Some of the main features of MPG include:
- Software application designed especially for ecommerce, which can be used to authorize payments
- Encryption of payment and personal data
- Communication between the financial institutions involved and the business and the customer
- Authorization of payments.
Moreover, MPG takes advantage of the Internet to send and receive information and uses a specially designed application that facilitates purchase transactions and allows for more accurate and immediate authorization of payment and is much faster than older credit card processing dome via the phone line.
A Payment Gateway being one of the most important services to the tourism industry, Maldivian businesses and different government organizations would find this service to be among the most useful. In addition to those tourists arriving via operators, tourist resorts could provide services directly to their customers from their own websites. Furthermore, travel agents upon registering to this service would be able to make booking and financial transactions online which in turn would reduce the selling rates for these services.