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goatandsheep/beanstream-onboarding.md

Last active January 16, 2017 19:01
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beanstream-onboarding.md

##Payment Information

###Acronyms

  • Electronic Fund Transfer (EFT):
  • Payment Service Provider (PSP): account type that results in processing an online application

##ToS

You need to have generated a provider id first.

###Acronyms

  • Automated Clearing House (ACH): US-only
  • Bankers' Automated Clearing Services (BACS): UK version of EFT
  • GateWay (GW):
  • Single Euro Payments Area (SEPA): Europe-only
  • Terms And Conditions (TAC):

##Payment Form

Change your payment form Configuration > payment profile webform and modifying the header / footer

Email Receipts:

  • Send Message: Yes

  • Show receipt after transaction: Yes

  • Send a Declined Transaction Notification to the primary contact email address for all declined transactions submitted through the Process Transaction API payment gatewa: Yes

configuration > payment profile configuration > Hash algorithm > SHA1

#Questions

  • Difference between EFT and PSP? Should I support both? Do providers have to agree to 2 agreements?
  • Do vendors register their courses on Beanstream or my website?
  • Wordpress website is out of date (4.6.2)
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