Secure Vault Payments puts data protection and authentication where it should be: with the customer’s financial institution.

Enhance your relationships with customers by allowing them to use what they're already comfortable with—their online banking interface—to complete transactions securely and privately.

The SVP Transaction Model

1. When customers visit your site to purchase goods and services or to pay bills they choose the Secure Vault Payments option on the checkout page.
2. Your company sends the purchase or bill payment information securely to the Secure Vault Payments Switch which routes the customer to their financial institution’s website for payment authorization.
3. The customer is authenticated via their on-line banking method then chooses the account they wish to debit.
4. Their financial institution authorizes the transaction, sends a real time authorization to your business and then schedules the ACH Credit payment.
5. The customer is then routed back to your receipt page and they are presented with the details of their purchase or payment. The purchase or payment, from the consumer perspective, has been completed.
6. Payment is received by your organization, via ACH Credit, from the consumer’s financial institution within 24 hours. The transaction is now complete.