Internet Acquiring (E-com)

What is Internet acquiring service?

Internet acquiring is a banking service, a type of acquiring for acceptance of cashless payments for goods and services on the website of online store or other online platforms. The commission fee for Internet acquiring is not charged.

The scheme of the Internet acquiring service is the following:

1. The customer chooses goods or services and clicks the checkout button.
2. A secure payment form opens on the website, where the customer enters card details or makes the payments via digital wallets Apple Pay/Google Pay.
3. The payment data is transmitted in the encrypted form to the processing center of the acquiring bank, payment system and the issuing bank for the card verification and the required amount debiting.
4. If the authorization is successful, funds are debited from the account.
5.  The seller and the customer receive a notification on the result of the transaction.

How to connect Internet acquiring?

Acquiring by Raif may be ordered conveniently during the account opening:

Step 1. Select a registration method: with or without QES key. Specify the required data in the online application for the service connection.

Step 2. Open an account in Raif online, if you have a QES or visit any branch of the Bank or file an application via the Contact Center.  

Step 3. Submit documents package confirming your status of an individual entrepreneur or legal entity.

Step 4. Sing an agreement.

After that you will be able to integrate the bank’s payment form into your website.

Payment methods

Provide your customers possibility to choose a payment method via the Internet acquiring:

Using the card details

The customer needs to enter the payment data (card number, expiry date and security code CVC/CVV2) in the respective form on the website and confirm the payment in the Internet banking.

Using digital wallets

Apple Pay and Google Pay services for quick cashless online settlements. The customer needs to choose the payment via the respective wallet and the funds will be immediately debited from the card.

Apple Pay

Google Pay

Who can use Internet acquiring?

Internet acquiring for legal entities and individual entrepreneurs.

Can be used by:

• Online stores – accept payment on the website for goods or services from customers from all over the world. Easily integrate the payment system into your website.
• Service companies – offer customers convenient online payments for subscriptions, consultations or any other services.

And other types of businesses operating online.