3D-Server Authentication
Version 2.3.1
Payment Authorization
Switch
TMS For Post Authorization
Process
FRM - Risk Management
Solution
Clearing & Settlements
Solution
Reconciliation & GL Accounting
Solution
Transaction Profitability
Analytics
Chargeback Dispute Management
Solution
API Based Add-ons
solution
No, Mylapay is not a payment aggregator; it operates as a payment enabler known as Acquiring side of Processor TSP in the card payment industry. Mylapay provides comprehensive solutions for payment aggregators and Gateway banks to enhance their business. While it works closely with payment aggregators, it does not function as a standalone payment aggregator.
Mylapay has three core products: 3DS Authentication Solution, Authorization Switch, and IntelleEngine(Post auth Processing solution) , offering comprehensive solutions for end-to-end card payment processing.
Mylapay's Gateway Products comprise a suite of services, including 3DS Authentication Solution, Authorization Switch, and IntelleEngine. Combination of these products enable end-to-end processing of card payments with own bin sponsorship benefits for Payment Aggregators .
Mylapay Switch combines core products like 3DS Authentication Solution, Authorization Switch, and IntelleEngine to provide end-to-end card payment processing services. It caters to banks providing gateway services and payment aggregators offering card payment collection platforms.
IntelleEngine is a technology-driven solution designed for acquirers (Banks or Payment Aggregators) to manage end-to-end transaction processing. It includes functions like FRM-Risk, Clearing, Settlements, Reconciliation, Nodal accounting, Transaction level profitability (Interchange, scheme cost calculations), and Dispute management.
Yes, Mylapay's Gateway Products and Switch processing services along with IntelleEngine, are designed to handle both card-present (POS) and card-not-present (Payment gateway) transactions.
Mylapay, with its error free and zero revenue leakage products, provides payment aggregators and Banks with a intuitive dashboard and comprehensive view of their transactions, enhancing transparency and efficiency in payment processing.
Mylapay products are hosted at highly secured cloud-based environment and following industry best security standards & audits, which results in maximum uptime and security.
With Mylapay, clients enter into an integrated ecosystem designed to meet all acquiring card payment processing needs in a single place with no revenue leakage and highest processing efficiency.
If you have any questions or need assistance, you can reach our customer support team by Contactus@mylapay.com . Our support team is available 365 days 24/7 hours.
They offer solutions in both the self Hosted Model and On-Premises Model, providing flexibility in deployment options.
Yes, Mylapay is designed to cater to a global market, providing solutions to Payment Aggregators and Banks worldwide.
Mylapay serves as a one-stop solution for complete payment processing, eliminating the need for banks or payment aggregators to engage multiple vendors for processing the same transaction.
Mylapay stands out with its integrated ecosystem, providing end-to-end solutions for payment processing. Our cloud-based, versatile offerings cater to both Payment Aggregators and Banks worldwide.
Yes, as a Technology Service Provider (TSP), Mylapay offers flexibility in adapting to dynamic business models. We provide customizable solutions and flexible pricing strategies.
Mylapay serves as a one-stop solution for complete payment processing, eliminating the need for banks or payment aggregators to engage multiple vendors for processing the same transaction.
Mylapay caters to businesses of all sizes. Our solutions are scalable and can be tailored to meet the specific needs of both small and large enterprises.
They offer solutions in both the self hosted Model and client premises hosting model, providing flexibility in deployment options.
Mylapay Secure is a Merchant plug in (MPI) designed for secure online Payment transactions.
Mylapay Secure supports the latest version 2.3.1.1 of 3D Secure, certified with EMVCo.
Mylapay Secure provides a highly secured and frictionless authentication process for users.
Mylapay Secure incorporates an integrated risk engine that completely mitigates fraud risk.
Mylapay Secure provides value-added services like interchange, scheme cost, BIN data, FX rates for DCC, and Pre-auth Risk.
Online Payment gateway providers & Merchants , who wants to enable MPI can use Mylapay Secure for secure and reliable transactions.
Mylapay Switch combines core products like 3DS Authentication Solution, Authorization Switch, and IntelleEngine to provide end-to-end card payment processing services. It caters to banks providing gateway services and payment aggregators offering payment collection platforms.
As a TSP, Mylapay utilizes its technological expertise to accommodate dynamic business models, provide flexible pricing strategies, and minimize per-transaction costs.
Mylapay Switch caters to: a) Banks providing gateway services to payment aggregators. b) Payment Aggregators offering payment collection platforms to merchants.
Mylapay Secure provides value-added services like interchange, scheme cost, BIN data, FX rates for DCC, and Card type and product.
Mylapay Switch’s cloud-based processing ensures a robust 99.99% uptime.
IntelleEngine is an innovative, technology-driven solution designed for acquirers (Banks or Payment Aggregators) to manage end-to-end Post Authorization transaction processing within the Mylapay ecosystem.
IntelleEngine covers functions such as FRM-Risk, Clearing, Settlements, transaction-level Reconciliation, Nodal accounting, real-time profitability calculations, and Dispute management—all seamlessly integrated within a unified platform.
IntelleEngine systematically streamlines day-to-day processing, eliminating the necessity for manual interventions and optimizing costs.
IntelleEngine is proficient in managing both card-present (POS) and card-not-present (PG) payment scenarios with complete automation and a remarkable accuracy rate of 99.999%.
Yes, IntelleEngine is cloud-compatible and can be hosted or deployed within an acquirer's infrastructure for data Compliance. This ensures that the data does not leave the premises of the bank or payment aggregator.
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