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Access Net  > Access21 for Web Instant Publishing  > Service Costs  > Shopping Cart, Optional ( Cybertrader, Cybermoney )  >
CyberMoney Module    
For secure, encrypted acceptance of customer credit card details and for charging the customer's credit card in real time.
Facilities
  • provides secure, encrypted acceptance of browser credit card details using Access Net Versign Digital Signature under Access Net Cybermoney.com.au domain name.

  • provides for real time validation of a supplied transaction value through Access Net Merchant Account

  • provides for real time charging of validated transaction value to the card holder account for deposit to the Access Net Customer's Account

  • Optional feedback to browser as to whether card accepted (giving Authorisation number) or Declined.

  • Merchant has secure online access to CyberMoney processed transactions for audit via Access Net Member Account Services

  • Merchant may select for reversal any one transaction, i.e. for credit back to specified credit card (max. any one credit $A100).

  • Advisory email sent to the Merchant (client defined email address) when acceptance confirmation cannot be recorded

    Credit Cards available
    Credit Card acceptance is available for Bankcard, Diners, Amex, Mastercard, Visa.

    Merchant Fees
    An Access Net invoice is raised weekly for Merchant fees charged for transactions effected.

    Settlement
    Reconciled Credit Balance of Customer Account is remitted on a weekly cycle by Access Net to Merchant by Credit Card or by Cheque.

    Processing
    Four transaction message exchanges are involved:
  • two for acceptance of card details and
  • two for acceptance of the financial transaction.

    Security:
    Access Net Verisign digital certificate is used for encryption of exchanges between the shopper and the server. Cybermoney acceptance of CC Details is performed using Access Net's CyberMoney which is secured using the Access Net encryption certificate thus, a separate secure site is not required.
  • Agreement   
    Financial Institutions are becoming increasingly concerned about maintaining the integrity of online banking facilities. Access Net is providing Cybermoney services as an extension to the banking network and as such we are obliged to close the loop with our clients. Accordingly, terms below must be formally acknowledged by those clients wishing to use the Cybermoney service.
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