Products and Services offered by Parallel Solutions

Products & Services

Domestic Credit Card Processing
Parallel Solutions offers US based merchants high-risk merchant solutions. We have partnered with 1st tier processing partners to offer a wide range of high-risk merchant account payment processing solutions for your growing business. Whether you need a retail brick and mortar merchant account, online e-commerce merchant account, or mail order/telephone order (MOTO) merchant account, Parallel Solutions is your high-risk credit card payment processing solution.

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Offshore Credit Card Processing
Parallel Solutions has the bank relationships in place to offer you a dedicated or sponsored merchant account through our partners in the European Union (Europe) and the Caribbean region. Payments are reliably made directly by the bank to the account of your choice. In most cases, merchant account setup can be completed in as little as 2 weeks. Once you are approved, you will be able to accept several different types of credit cards.

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Check Processing (ACH & Check 21)
Would your business benefit from accepting the most used method of payment in the U.S? Parallel Solutions makes it easy to accept checks from anyone, anywhere, anytime. Our ACH product uses the Federal Reserve's Automated Clearing House (ACH), also known as Electronic Funds Transfer (EFT), to process checks received through your web site. Our ACH product integrates seamlessly with your shopping cart or web site payment page. All of this is done on Secure Servers (SSL Encryption)and each account is pass code protected for maximum security for you and your customer.

Gateway Processing Solutions
Processing card present (Retail) and card not present (eCommerce & MOTO) transaction has never been easier. Parallel Solutions provides you with our patent pending Payment Gateway that allows transactions to be sent to the processing company via internet connection through a safe and secure connection. Some of the features of the technology are:

Virtual Terminal-Authorize, process, and manage credit card and check transactions from any computer that has an Internet connection and a Web Browser.
Card Present Technology-Our solution dynamically allows you the option of processing transactions in a card-present environment through the use of a MagTek card reader.
Batch Upload Processing-With batch upload processing you will be able to you charge your customer's cards or checking accounts in one step. This will allow you to manage your monthly customer's accounts in the most efficient manner possible.
Electronic Check-Our Electronic Check payment solution enables you to accept and process electronic check payments directly from your location or through a central processing area utilizing the Virtual Terminal. By accepting electronic checks, you are able to expand the payment options available to your customers and increase sales while decreasing your cost of processing payments.
Recurring Billing-Allows you to create a recurring charge on the customer's card to bill your customers monthly without any further involvement from your accounting department.
Multi-Level Access for Employees-This feature allows you to tailor the amount of access each employee has to payment processing information.
Reporting-Our system allows you total access to your transaction processing information including batch, transaction, deposit, chargeback and retrievals. We have the ability to link together multiple Merchant Identification Numbers (MID's) as well as multiple locations. This will allow you the ability to view a summary of all MID and location activity or a specific MID or location from the same interface anywhere in the world with an Internet connection.
API Integeration-Finally, with our API Integration solution you will utilize the highest level of secure transaction infrastructure available. Our API uses secure sockets layer (SSL) digital certificate technology to connect securely and directly between your locations and our payment network. Our engineers will work with any software provider to ensure full integration of our gateway into their software for a totally seamless experience. In addition, if you integrate your software with our solution, we will pay you. We have created an additional revenue stream for you, our partner, through our Referral Partner Program.