Guide

Payments 101

 

If you are new to payments, or just want to understand what you need to process payments online, you are in the right place.

1. To accept payments, you first need a gateway.

A payment gateway is the technology layer that links your customer’s financial institution to yours when processing a payment. Every payment made goes through a gateway. Bambora’s gateway is bank agnostic allowing it to plug into virtually any acquiring banks within North America.

 

2. You will also need a merchant account.

I already have one

No matter which financial institution holds your account, you will be able to seamlessly connect to Bambora’s bank agnostic gateway with a gateway only account.

I need one

Bambora’s merchant accounts are transparent, with no locked contracts, flexible settlement, and simple pricing.

 

3. Then, you will need a way to accept payments

RESTful APIs + SDKs

Are you building a custom solution? Our RESTful APIs and SDKs can power your website or software to accept payments.




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Checkout

Checkout is our hosted payment form. With just a few minutes and a single link, you can add Checkout to your website; no developer required.



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Virtual Terminal

Created for merchants who process orders over the phone or through mail-in-orders. Bambora’s Virtual Terminal is a simple and secure online interface.

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4. Pick the card types that matter to your business

Bambora let you accept accepts Visa, Mastercard, Amex, Interac, Diners, JCB, and Discover


5. Don't forget about security

PCI-Compliant

All companies that process, store or transmit credit card information must maintain a secure environment. This includes all merchants, vendors, or software providers who handle credit card information. Bambora is PCI Level-1 (the highest level) certified service provider. Before you start processing credit card transactions online, you will have to complete a PCI DSS self-assessment questionnaire.

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Tokenization

With Bambora’s Tokenization, you can send any piece of sensitive information to Bambora where it is encrypted and stored on our PCI-certified servers. Bambora then returns a token back that represents the customer’s sensitive information. Simply utilize the unique token whenever your customer makes a repeat purchase.



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Bambora also use cookies from third-party providers. These are used mainly to analyze user behaviour with the purpose to improving user experience, and to offer more relevant advertising.

 

You can choose if you want to accept cookies.

If you do not want to accept the use of cookies, you can adjust the system settings in your browser to delete all cookies that are already on your computer and, in most browsers, to prevent them from being placed. Certain functionality on our website can only be used if your browser allows cookies and may not work if you choose not to accept cookies or adjust your browser cookie settings.

 

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We are open for business!

Welcome to the world of payment solutions. Choose your country and start accepting payments from customers all over the world.