“We plan to launch the new version of our flagship product – the beGateway platform for payment service providers. We are also planning to launch a couple of totally new products – a white label of the software of the e-wallet system and a payment hub platform with smart transaction routing for a single integration and interaction with several payment providers for online merchants. We have several more projects I would like to keep in secret for now.”
Startup.info spoke with Alexander Mihailovski about himself, eComCharge, COVID-19 and our plans: https://startup.info/alexander-mihailovski-ecomcharge-llc/
The eComCharge development team continues to improve the beGateway white label payment processing platform rented by payment service providers around the world, and talks about an important feature that merchants with mobile apps need – mobile SDKs for Android and iOS.
“If a merchant of goods or services wants to accept payments in a mobile app, they need to embed the payment page in their mobile app. I can list at least three ways to do this, but only one of them is right in terms of simplicity, aesthetics, technology and functionality. I believe that today every payment service provider should have mobile SDKs for the Android and iOS operating systems, and offer them to their customers as the most suitable way to embed a payment page in a mobile application,” says Alexander Mihailovsky, Business Development Director.
“Using the ready-made SDKs, the mobile app developer gets the necessary set of functions with well-defined parameters from the beGateway library and gets clear detailed responses,” the expert explains.
All transaction types accepted through the beGateway white label payment gateway are available in the mobile SDK for Android and the SDK for iOS. You can change the font and colour on the payment page, as well as the text on the payment button.
EComCharge, a developer of payment acceptance technologies and software for processing companies and acquiring banks from Europe, the UK, the CIS and other countries around the world, officially became a resident of Hi-Tech Park Belarus on October 3, 2019.
Alexander Mihailovski, founder and Chief Business Development Officer of eComCharge, explained why residency is so important for the company and its foreign clients.
“Joining HTP Belarus means, first of all, an opportunity to strengthen our development team. The funds that used to be spent on taxes (income, VAT and NSSF), can now be spent on hiring more programmers, which will accelerate the development of our online payment processing platform,” says Alexander Mihailovski, founder and Chief Business Development Officer of eComCharge.
“This is an important, but not the only advantage that membership in HTP Belarus gives, – he adds. – HTP residency allows signing electronic contracts with clients from around the world. By law, we used to work with signed originals of documents, while now all we need is a scanned copy. This makes it so much easier to get started with a new client. The same goes for service delivery reports. As an HTP resident, we can issue them independently, without burdening our client with unnecessary papers,” explains Alexander Mihailovski.
“Besides, as an HTP resident, eComCharge is now able to use the services of foreign companies, in particular Amazon, and to use electronic invoices as the primary accounting document, which makes accounting easy. I am sure this will have a most favorable impact on the development of our business and the business of our foreign clients,” Alexander Mihailovski concludes.
Developer of payment platforms with 14 years of experience. The company is a developer of a payment gateway and infrastructure for accepting payments over the Internet for electronic payment processors and acquiring banks under their own brand worldwide.
The company’s product portfolio includes SaaS solutions for rent or licensed copies to own with the source code:
1. beGateway, a branded payment gateway
2. SMART-routing of payment transactions,
3. beProtected, a fraud detection and risk management system
1. We offer a payment gateway for unified integration with acquiring banks, payment service providers, e-wallets, bank transfer systems, prepaid card systems, voucher systems, the Baltic States bank link systems.
About Hi-Tech Park Belarus
Hi-Tech Park Belarus (HTP) is a special economic zone with unique tax and legal treatment for the development of IT business. HTP customers include companies from 67 countries of the world. More than half (53%) of HTP resident companies are foreign companies or joint ventures: 20% of the above are joint ventures, while 27% are companies with 100% foreign capital.
We are flying to Oman to participate in OEC2019 | Sept 16th & 17th | Muscat- Oman. Let’s schedule meeting with Alexander Mihailovski, co-founder and CBDO at eComCharge.
Please, contact Alex:
Phone no.: +375 333 442840
We see the common trend for E-commerce market – it is growing fast worldwide. This train is moving fast and those who haven’t looked at this direction are turning to it now. This encourages banks and PSPs that did not use to provide services to receive online payments, to look at the industry of the Internet acquiring as a new and very promising market.
But how to jump into this train fast?
It is necessary to possess a quality platform to provide services for convenient and safe online card payment acceptance and processing. Up-to-date high quality and secure infrastructure and software is the base for a successful online business of any acquirer or PSP.
Now here the question arises: whether it is best to create this database on one’s own or to use a ready-made proposal from an experienced vendor?
Today’s reality is that to succeed in business one must focus on its core. Non-core activities should be outsourced. This is a major trend in the world of finance.
Therefore we consider the most efficient formula to be fast to market with possibly low cost is LEASE-TO-BUY. Very simple: on the first stage of launching own acquiring you are leasing the platform and when you reach stable volumes you are buying out the platform by deducting the amount you have already paid for its lease.
All questions are welcomed!
eComCharge, a European payment software developer, is proud to present bePaid, a Belarusian partner in online card payment software developing. We are announcing the launch of a service for Belarusian market – online card payment acceptance under bePaid brand (bepaid.by). bePaid will break the old-fashioned quality and service standards for domestic online business by bringing the best European approach in client service, safe payments and shortest time to market.
As planned by the developers and owners, bePaid will make the process of online card payment acceptance much easier for online business in Belarus. By delivering simpler solution for card payments acceptance for websites and mobile applications the time to market will be reduced, profits will increase and online card payments will reach the highest standard of safety and reliability.
Each client applying for bePaid can count on an in-depth educational program on card payment acceptance through his or her website, as well as on qualified tech support and consulting throughout the cooperation.
Taking into account that online card payment acceptance is developing on Belarusian market, there may be a lot of questions from legal, accounting and other related areas. “We will lead our clients by the hand through the whole registration and integration process. We will answer all client’s questions. We engage experts in law, accounting and banking to simplify the process for the client and to provide full expert support in the Internet card payment acceptance, to comply with Belarusian laws and the international payment system rules. We are the main contact for the client while accepting card payments via the Internet.” said Aliaksandr Мikhailouski, the owner of bePaid service in Belarus and the main partner of eComCharge in software development.
Peteris Pildegovics, the head of Business Development at eComCharge comments: “The part of our business development strategy is to focus on developing countries, where e-commerce market is not yet saturated. Our strategic development partner has opened new opportunities for our clients in Belarus by taking e-commerce market to the next level. We can make the difference on Belarusian market due to our experience in highly developed European market of e-commerce. We can simplify the process of online card payment acceptance by making it reliable and safe and much more profitable for online business owners.”
We are sharing our knowledge, vision and main trends in online payment market in the spotlight interview for about-payments.com, the payment source for online merchants.
– What makes eComCharge different from other software and solution providers in ecommerce market?
– What are triggers to switch to eComCharge payment platform for PSP and Acquirers?
Head of Business Development, Peteris Pildegovics is sharing knowledge highlighting 3 do’s from eComCharge for PSP and acquirers willing to start providing payment services online.
For the full interview please follow the link: http://goo.gl/JP5mSU
eComCharge gave an interview in one of the leading informational source for payment industry – thepaypers.com
Is it best to create a payment processing system of one’s own or to use a ready-made proposal from a vendor?
Peteris Pildegovics, Head of Business Development at eComCharge has brought an expert opinion to this question giving an interview to thepaypers.com – leading independent source of news and analysis for professionals in the global payments industry. More questions are observed in the interview:
- SaaS products or in-house development? What is the right way to go for bank or PSP dealing in ecommerce?
- What do banks and PSPs need to undertake in case they are not satisfied with the existing payment gateway, but have invested a lot in its development?
- Does SaaS product include everything that is needed for a PSP or bank willing to work in ecommerce?
Please find a full version of this interview by clicking the following link: