About the Payment Gateway

The payment gateway is called ZynlePay. Its the only true and indegnius payment gateway in Zambia.

ZynlePay allows merchant or organization to receive money from their clients using debit/credit card. It has been integrated to card brand networks for card authorizationn, capture and settlements.

Currenly receiving internet payment with debit/credit cards like VISA, Mastercard,Maestro and American Express.

Merchants Accounts

In order to receive payments merchant are provided with merchants account linked to their bank account. Merchant accounts also called interent accounts are provided by Zynle Technologies Limited working with VISA and MerchAct . And organizations can use bank account of their own choice.

Type of Merchants Account Provided

1. Real Merchant Accounts :

These are internet merchant accounts that are liked to a bank account. Settlement is done directly to an organization bank.

2. Virtual Merchant Account :

These are accounts that are virtual in nature and not linked to any bank account and provided to high risk merchants . Settlement to these accounts are done to a collection account and later electronically sent to the individual bank accounts of the merchants.

Using the Payment Gateway

1. API

ZynlePay provides APIs for integration from third party website/ERP/System . Zynle also provide cart plugins for famours content management system like wordpress, joomla, drupal and cakephp

2. ZynlePay portal:

Merchant can receive funds through ZynlePay portal by simply sending payment link to buyer of service or products

(www.zynlepay.com)

3. Virtual Terminal :

This is a web-terminal that allow merchants to receive payment via phone,or email or fax . Merchants using option 2 and 3 need not have their website where buyers can access their services or products.

Security

Zynle understand the risks associated with payment over internet and endeavours to keep best practices in its operational procedures, software developemt standards, customer data transmission and data storage.

Compliant with PCI standards and works with securitymetrics of US to enahcne security and audit systems.

Costs

1. The cost of using our payment gateway is affortable. Their is once off-setup fee of as low as 3500 and transaction fee of as low as 2% on transaction.

Future Enhancement

1. MNO Money Transaction integration

2. Mobile Money services integration

3. Electroni Cheque clearance

4. ZynlePay Debit/Credit Cards

Clients

A number of organizations receiving money via ZynlePay payment gateway is growing and growing fast. Below is a list of some of our clients:

1. Smart business Centre (using Virtual Terminal and ZynlePay Portal)

2. Zambian open University (using Zynle API)

3. Eureka Soft eWallet and Utility payment Mobile App (using ZynlePay API)

4. Texila American University in Africa (using Zynle API)

5. Soon iConnect – (using Zynle API)

6. PANOS southern Africa receiving donations (using ZynlePay portal)