Integration

Around the World payment solutions and payment solution provision across all formats is becoming increasingly fragmented as an ever increasing number of providers, solutions, technologies and applications actively compete. As a result both end users and merchants are faced with an uneven playing field of increasing complexity. For example check out our Mobile Commerce summary here...

The SeniTech Global model is positioned to address this situation by providing a universal template where any subscribing merchant, irrespective of content type need integrate only ONCE to be able to accept secure guaranteed payments from multiple providers across technological, operational and regional boundaries.

Content Availability

Without a historic debt culture the emerging markets lack an historic electronic payments culture. As a result not only are local issued credit cards few and far between and significantly more expensive than their western counterparts but local merchants lack the means to meet international merchant gateway requirements. In addition international merchants are often reluctant to accept payments from the region and so lack the tools and resources to accept payments from the entire community.

Lacking the requisite smart phones with mobile browsing capability the emerging markets are already falling behind in the mobile payment stakes despite the wealth of mobile remittance and mobile banking operations criss crossing the region. The SeniTech Global Model is geared to overcome this shortfall by upgrading existing solution offerings to include content payment resources through a single point of integration to the SeniTech Global operational model.

Technology

Historically the emerging markets remain net importers of technology. And while the expansive importance of the mobile device across the region cannot be underestimated competing providers create an increasingly fragmented and technologically diverse playing field. Ultimately compromising the possibility of a universally acceptable mobile payment technology supporting the region.

The Company's solution goes someway in remedying this process by providing an enabling architecture between the aforementioned divergent elements. Current billing methods are maintained into new partnerships and new solutions.

Interoperability

The solution can quite literally communicate with and between any payment service provider, billing method or merchant technology and/or website irrespective of its code structure, methodology or platform architecture. Current billing methods remain in force enhanced into new channels and new partners.

Payment

Our solution does not initiate, authorise or authenticate an exchange for financial value in return for goods and services. Neither does it handle or gain access to any currency. Since it facilitates the payments between provider and vendor without ever handling of currency it reduces the security risks and overcomes the compliance issues that are typically associated with other competing or currently evolving technologies.

Notification

Our solution leverages existing client methodologies to create a universally accessible, smooth and uninterrupted customer centric service to all participants in the value chain.