iBuy is a fully integrated system that changes the way the small online merchant’s clients make online payments. It is a generic, scratch card based system tailored towards the peculiar situation in Nigeria. Its generic nature gives it the benefit of being usable on any merchant’s website that wants to make use of the service.
The scratch cards are bought with cash in denominations so that with iBuy the merchant’s clients make online payments as though they were spending cash by combining denominations where necessary. Residual money from transactions is left on the last card in a combination. Checking the balance on an iBuy card is done online or via sms. The option of purchasing a blank card with any required denomination is also available.
Affirming the robust and secure nature of the service, the iBuy server is contacted for verification whenever a scratch card is used at a merchant site. Using the My Security Key feature, security can be applied on your iBuy card by registering it. Implementing the My Security Key feature makes it impossible to use the card without the registered security key.
With these security features in place, merchants can rest assured that their clients have a reliable means of remitting payment for their goods and services via iBuy. Taking it a step further, merchants can monitor the transactions taking place on their site and they can generate specific reports from the logged transaction details that the service keeps.
Affirming the robust and secure nature of the service, the iBuy server is contacted for verification whenever a scratch card is used at a merchant site. Using the My Security Key feature, security can be applied on your iBuy card by registering it. Implementing the My Security Key feature makes it impossible to use the card without the registered security key.
With these security features in place, merchants can rest assured that their clients have a reliable means of remitting payment for their goods and services via iBuy. Taking it a step further, merchants can monitor the transactions taking place on their site and they can generate specific reports from the logged transaction details that the service keeps.