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E-commerce is the future of shopping. Thus it would be apt to quote "The future is here, it is just not widely distributed". The Internet economy will continue to grow robustly as India becomes the 3rd largest country for use of internet for online payments with a remarkable rise of 100% each year for online shopping.

Apart from merchant account services, EBS now recognizes all those clients who are looking for a successful online business, but are not given opportunity by various authorities to benefit from the escalating online growth. To fuel e-commerce growth, EBS now introduces first time in India a new option of accepting payments online facilitating funds to your existing current account where at the same time your name would be appearing on the customer's card statement, which brings value to your brand.

EBS has launched its own Payment Processing engine which accepts Visa & Diners Card along with Net banking of Axis Bank, Citi Bank & HDFC Bank. It also accepts payments through Itz Cash Card & Oxi Cash. Many more net banking & other payment options will be made available soon.

EBS Gateway gives the ability to small & medium size merchants to test the
E-commerce waters & help them to get accustomed to the procedural business part of E-commerce

Advantages of EBS Gateway:

  • Ability to go online in 96 hours.*
  • Small & medium sized companies can go online.
  • Single platform for processing major credit cards & other payment options
  • 100 % server uptime with multiple acquiring banks on the same platform.
  • Affordable pricing for merchant to exploit E-commerce opportunities.
  • Seamless integration process with most online applications.
  • One time integration for future upgrades.
  • State of Art Risk Management system & Fraud detection tools.
  • 'Brand name' in Credit Card statements**.
  • User friendly backend with detailed reports.
  • Technical & Transaction support.
  • 128 Bit SSL Versign Secured.
  • Verfied By Visa & Master Card Secure Code enabled gateway.
  • PCI DSS 1.1 Certified systems & Architecture.
  • Authorize & capture facilities.
  • Cancelation / Refund / Partial Capture available.
  • Virtual client payment processing available.
  • Online Bill collection facility available.
  • Integrates with almost all Platforms / Languages.
  • Funds will be credited to your existing bank accounts.
  • T+3 payment settlements.

Pricing for EBS Payment Gateway:

Account
Type
One Time
Setup Fee
TDR
AMC
    
Starter INR. 6000 6.00 % INR. 2400
RegularINR. 12,000 5.00 % INR. 2400
SilverINR. 18,000 4.00 % INR. 2400
Gold
INR. 24,000
3.75 %
INR. 2400
Platinum
INR. 30,000
3.25 %
INR. 2400

Procedure for EBS Payment gateway

  • Send filled application form through courier fax or scanned copy by mail.
  • Approval status for the same will be given in 3 - 4 working days.
  • After approval mail send documentations along with the requisite payment for processing the account. For the list of documents click here
  • 14 working days will be required for process after receiving all documents.
  • On satisfactory verification, integration kit will be forwarded to merchant with test ID and login details
  • Payment Gateway will be set on live mode, after receiving live request

Documentation Required for Enrolling with EBS Payment Gateway:

  • Application Form with Authorized signatory and company stamp on each and every page.
  • Agreement on Rs.500-stamp paper or franking from bank for the same. This agreement is supposed to be duly filled, signed and stamped by an authorized signatory on all pages.
  • Stamp & signature on chargeback & Risk Monitoring Letters on organisation’s letter head
  • Address Proof
    • Electricity Bill (of previous month- Paid).
    • Telephone Bill (of previous month-Paid).
  • Photo Proof
    • Concern person passport copy or
    • Pan Card /Election Card/Driving License copy with Merchant Residence Address Proof.
  • Financial Proof
    • Audited balance sheet and P & L statement for the last 2 years OR
    • Current account statement for the last 1 year.(with bank seal and bank logo)
  • Sales Tax registration/ Income Tax registration/ Municipal registration.
  • Bank Current Account No (For transfer of funds)
  • A letter from bank, signed and stamped, stating that you are holding a current account in this bank.
  • Company Proof
    • Private Limited / Public Limited -MOA or AOA
      • Form - 32 along with Board Resolution (on your company’s letter head signed and stamped by all the director)
      • Certificate of Incorporation
    • Partnership firm - Partnership Deed
      • No Objection Letter Resolution ( on your company’s letter head signed and stamped by all the Partners )
    • Proprietorship firm - Shop Establishment Certificate / Company Registration Certificate / Trade License
    • NGO / Charitable Trusts / Non Profit Organization – Trust Deed, Memorandum of Understanding
      • Resolution Deed - (on your company’s letter head signed and stamped by all the Directors/ Trustees )
  • Payment gateway statement (of 3 months if used previously)

 

     
 
Visa Mastercard Diners Club Axis bank Citi bank HDFC bank  
 
 
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