Clarity Payment Hub^™

Our payments hub ensures that customer information is protected with encryption and PCI compliance, the highest standard for security and data protection for local payments, global payments, and corporate payments.

PCI DSS compliance is a merchant account requirement that companies cannot store credit card numbers. To process credit card payments, companies integrate with a PCI provider, which verifies the card entered and hands a token back to the store, which refers to a specific card for all future purchases. This acts as another way to reduce payment fraud.

In order for the payment hubs to automatically batch-process orders for individual or corporate payments, the tokens for the cards linked to those orders need to be on file.

Clarity Payment Hub™ can be an on-premises or cloud-based modular payment solution, whatever works best for your business. With either option, you get all the functionality and opportunity of a fully integrated payment hub for your business and facilitate real-time payments (near-instant payments). Depending on the size of your business, it could take just one API.

Clarity Ventures has been in the eCommerce and integration business for more than 15 years, delivering over 1,300 sites and 3,000 integrations with eCommerce, CRM, and EMR solutions. Clarity provides a unique opportunity with all but connection and transaction capabilities to any website, CRM, or ERP, for near-instant payments to provide an more accurate view of cash balances.

The first benefit of a payment hub is that it provides a centralized platform for managing multiple payment channels with financial institutions, enabling businesses to streamline their payment operations and reduce complexity. It also allows for the consolidation of various payment methods, currencies, and payment service providers (PSPs), simplifying the integration and management processes. It's also an excellet way to help prevent payment fraud.

A payments hub also provides a unified view of all payment transactions, facilitating better visibility and control over financial data. This helps businesses deposit data to improve reconciliation processes, track payments more efficiently, better cash management, receive instant payments, and gain insights into their overall payment performance.

A payment gateway is a technology that acts as a bridge between an online merchant and the financial institutions involved in processing transactions. Payment hub vendors help businesses securely transmit transaction data—such as instant payments—from the merchant's website or application to acquiring bank accounts, payment processors, or other financial institutions.

Payments hubs ensure the encryption of sensitive data, verifies transaction details, and facilitates the authorization and settlement processes. It enables businesses to accept various payment methods, such as credit cards, debit cards, and digital wallets, and other payment types, all while helping streamline the payment flow. This can be done for local, regional, and global payments.

On the other hand, payment hubs are centralized platforms or systems that consolidate multiple payment channels and provide a unified view and management of various payment types. It serves as a hub for processing and managing payments from different sources, such as online channels, point-of-sale (POS) systems, mobile devices, and other payment interfaces. A payments hub allows businesses to handle diverse payment methods, currencies, and payment service providers (PSPs) through a single interface. It often includes features like transaction routing, reconciliation, reporting, and fraud management. Both can help in the prevention of payment fraud.