Online payment platforms simplify and strengthen commercial dealings to your and the applicants' advantage, so continue reading to learn more! 😃

➜ What is an online payment platform?

➜ What online payment platforms integrate with Full Fabric?

An online payment platform is a merchant service that processes online payments between two parties, providing a secure way to transfer funds from one party to another (usually, but not exclusively, from a credit or debit card to a bank account). 💸 It encrypts the cardholder data during the transaction to prevent breaches and theft, verifies the billing information (for instance, credit card number, expiration date, availability of funds, etc.), and authorizes the payment request to safely execute it – all of this in just a few seconds. Put simply, it's the digital equivalent of a physical credit and debit card reader, but one that is accessible 24/7. A good online payment platform will also convert foreign currencies automatically, thus facilitating international transactions. 🌎

Full Fabric supports direct integration with PayPal, Stripe, and Flywire, which enables charging for application fees, Tuition fees, and/or Deposit fees.

Whichever you choose, all three act as middlemen between you, the merchant, and your candidates, the acquirers.
​

You have reached the end of this article. Thanks for reading! 🤓 If you have any questions or comments on the topic at hand, or if you enjoy reads like this and have article requests, feel free to start a chat or email us at support@fullfabric.com. Also, please leave a rating below. Your feedback is highly appreciated! 💖