Online Billing and Payment Solutions

TSoft delivers solutions to efficiently manage multiple revenue streams and one-off and recurring revenue, support customized payment terms and real-time billing.

Functionality that Works

We develop and support a wide range of web-based and mobile payment and billing solutions including but not limited to SaaS based e-billing, real-time billing solutions for telecom, online banking and mobile payment gateways:

Invoicing

  • Standard Invoices/Invoice Templates/ Customizable Invoices
  • Quotes/Estimates
  • Tax Calculations/Multiple Tax Scenarios
  • Multiple Currencies
  • Finance Charges Calculations
  • Billable/Non-Billable Expenses
  • Service/Items/Products/Custom Units Support
  • Tangible/Non-tangible Goods, Subscriptions
  • Expense, Time, Mileage

Billing

  • Real-Time Billing
  • Billing Summaries
  • Receipts
  • Overdue Statements
  • Recurring/Subscription Payments
  • Partial Payments
  • Payments from Retainer/Deposit
  • One Payment to Multiple Invoices
  • Tariff Management

Customer Management

  • Customer Self-Service Portals
  • POS
  • Customer Analytics
  • Debt Collection
  • Discount & Loyalty Programs
  • Dispute and Chargeback Management

Meeting Industry-Specific Needs

We offer expertise in developing and implementing service-oriented solutions for financial institutions, payment service providers and companies with specific industry needs:

Finance

Payment Gateways
Investment Banking
Retail Banking
Exchanges & Brokerages
Market Data
Insurance

Advertising

Ad Networks
Digital Services

Travel & Hospitality

HoReCa
Online Travel
Booking & Reservations
GDS

Media & Entertainment

Games
Media Distribution
Online/Mobile Services

ISVs

eCommerce Solution
SaaS Invoicing
Billing Vendors

Telecom

Landline & Wireless
VoiP
ISPs

Retail

B2B & B2C eCommerce/ Mobile Commerce
Online Auctions

eLearning

Corporate Education
Higher Education & Schools
Subject Matter Trainings

Integration Matters

TSoft facilitates easy integration and synchronization with your back office (ERP, CRM, SCM, CMS, DMS, etc.) and customer-facing front office application. Plus we deliver robust integration solutions to ensure seamless integration with third-party systems (payment gateways, related banks, and more).

It’s All About Security and Compliance

Complying with government and industry regulations is one of the major concerns nowadays when personal information has become a very valuable asset, and there is literally no industry as saturated with sensitive data and therefore as regulated as online billing and payment sector. Understanding that compliance is an ongoing process, not a one-time event, TSoft is ready to be your long-term partner helping you prevent security breaches and theft of payment card data, not just today, but in the future.

Pre-certification and Compliance

TSoft expertise covers preparation for PCI DSS / PA-DSS certification and ensuring OWASP compliance:

Open Web Application Security Project (OWASP)

It is the worldwide not-for-profit vendor-agnostic community that produces the most respected guidelines in software security. The main principles are as follows:

  • Defense in depth
  • Positive security model
  • Open design
  • Simple security
  • Intrusion detection
  • Secure defaults

Plastic Card Industry Data Security Standard (PCI DSS) and Payment Application Data Security Standard (PA-DSS)

Represent an actionable framework for developing a comprehensive financial data security process. PCI DSS / PA DSS Compliance can bring major benefits to businesses of all sizes, and includes the following main building blocks:

  • Secure network and systems (regularly monitored and tested)
  • Cardholder data protection
  • Vulnerability management program
  • Strong access control measures
  • Information security policy

Fraud Prevention and Risk Management

In today’s changing world fraud risks are constantly changing. That’s why we invest significant resources continuously to stay ahead of the trends in Risk Management delivering solutions to help uncover hidden trends in large amounts of data to identify fraudulent transactions on the fly. Moreover, understanding that very different risks are associated with different industries, we are ready to develop unique solutions based on industry-specific fraud rules.

Security Testing

When it comes to online transactions, security is the axiom. Itransition can help you identify the vulnerabilities of your Billing and Payment solution, emulate the workflow of the attacking side, and deliver and implement expert recommendations on how to protect your system from penetrating attacks. We utilize both Automated and Manual Testing, along with our expertise in building secure online systems, for this purpose.

Smart Prototyping for Startups

If you have an idea that will revolutionize the today’s world of Billing and Payment solutions, we are here to create a working prototype for you. Of course, NDA is a must here, plus our track record of working with yesterday’s startups and today’s leaders guarantees that no idea will be leaked.

Flexible Engagement Models

Depending on project-specific characteristics, we propose 3 major engagement models

Fixed Price

Fixed budget and deadline.

TSoft covers all project risks.

Time & Materials

Costs on the basis of man hours actually worked, and can be flexibly adjusted to the changing needs for time and resources.

Dedicated Team

You assemble your team of professionals of required qualification, taking full control over project progress and budget scheme.