Easier and more convenient micropayment

[img_assist|nid=7931|title=|desc=|link=none|align=left|width=100|height=63]As announced by Javien Digital Payment Solutions, Inc. Javien Micropay is the single patented technology of micropayment that can help merchants and retailers comply with Visa's new guidelines for online micropayment transactions of Visa debit, prepaid or credit cards.

What is more, an auditable, provable method of managing online micropayment aggregations that conforms to Visa's new rules had been provided by Javien Micropay. With the increase of consumer demand for small ticket items (under $5), merchants who incur transaction fees associated with processing small payments may find it to be more costly without the advantage of micropayment aggregation.

Now Javien's Micropay made it easier for merchants to aggregate multiple purchases made by the same consumer in order to minimize payment processing fees — in an auditable way that meets Visa's carefully set guidelines. Together with the innovation being effective from April 1, e-tailers must obtain authorization at the beginning of each aggregation session. In addition they are restricted to a maximum of $15 per single consumer multiple transaction aggregation and a maximum time period of three calendar days. Merchants must be able to communicate the details of the transactions to consumers.

"We're glad Visa has chosen to place standards on micropayment transactions to help guide the marketplace," Leslie Poole, CEO of Javien Digital Payment Solutions, said in a statement. "We've been offering merchants the ability to track and aggregate micropayments for years with our patented micropayment aggregation engine," noted Poole. "Our technology helps merchants comply with the guidelines now, without delay."

Javien Micropay is made available within Javien's e-commerce platform or as an 'a la carte' option. Merchants have the opportunity to use Javien's patented technology of adaptive micropayment aggregation to batch transactions according to Visa's new rules.