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Commerce Business Rules

Managing Commerce Workflow

Adding payment to software is only a portion of successfully commerce-enabling an application. Layering this integration with cloud-based business rules that tailor payment acceptance to match your workflow is the key to success and, in some cases, essential to the end-user. Commerce Business Rules leverage run-time and out-of-band data across the Platform to create dynamic workflows, and provide governance framework for payment acceptance.

Available Commerce Business Rules

Payment Status Monitoring

Application developers are plagued by an inability to determine the status of transactions after submission. Payment Status Monitoring, an IP Commerce Platform Business Rule, enables intelligence to be built into the Software Company solution based on the actual status of transactions - saving Software Companies time and decreasing support costs related to integrated payments.

Payment Service Bundling

Application developers and their channels now have a simple method for combining core payment services and value-add services, into bundles. Service Bundles simplify delivery of multi-service offerings and create stickiness with end-users.

Serial Service Payments

Leveraging the power of the Commerce Service Bus, and the flexibility of Commerce Business Rules, developers can combine multiple payment services in fixed or dynamic sequences to deliver more value to end users. Serial Service Payments builds on Service bundles by providing easy access to additional in-line services, without additional one-off integration.

Use Cases for Serial Service Payments
 
  • Payment, Security, and Data Services
    A software company delivering a Virtual Point of Sale application, in addition to leveraging Commerce Modules such as Transaction Management, could use Serial Service Payments to provide greater value to small businesses by configuring Tokenization before payment processing, and data publishing to the Intuit cloud after, for added security and seamless integration with Quick Books for AR/AP management. The software company need only develop to the core payment processing APIs for, while the IP Commerce Platform performs the heavy lifting of invocation and management of Serial Service Payments.
  • Payment, Security, and Commerce Services
    A software company serving medium to large online retailers could provide greater value by configuring Tokenization before payment processing, adding Adaptive Payments’ IVR-based PIN debit solution for “Save the Sale” on high risk transactions, and data export to ERP systems on the back-end of the payment processing workflow. The software company need only develop to the core payment processing APIs for, while the IP Commerce Platform performs the heavy lifting of invocation and management of Serial Service Payments.

For further information on Commerce Business Rules, please Contact Us