My Gateway has implemented a Payment Gateway facility to enable merchants, payment processors and payment service providers to accept common payment cards for Electronic Commerce (EC) and Point of Sale (POS). This document is specific to EC merchants only. The service is known as the My Gateway Switch (or MYGW) and provides internet front-end payment and account management functions and an on-line administrative platform to a web hosted application. The purpose of the MYGW gateway is to provide a high function payment service that simplifies the payment acceptance process for merchants. My Gateway Switch Benefits The My Gateway Switch provides an outsourced proposition to acquirers, merchants and payment processors (collective referred to as Payment Service Providers or PSPs in this document) for this type of service providing: Significant cost savings – costs incurred for redundant hardware, software, telecommunications and internal operational overheads for an in-house system are avoided. Faster time to market – MYGW makes it possible for a user to be “live” with their service within a much shorter time frame than usual. Reduced risk – MYGW clients avoid many of the risks associated with an in-house system such as high initial and on-going costs; recruitment of skilled technical resources; data security requirements and ability to say up to date with the latest industry requirements, compliance and trends. Business transparency – MYGW is an “out-sourced” packaged service running on Amazon Web Services. All costs are clear to the merchant or processor and agreed up front. Reduced burden of merchant administration - MYGW provides a web-based merchant administration portal for merchants and processors to manage their payment transactions. The system allows merchants to report on transaction types and perform financial transactions on-line such as refunds, voids and reconciliation. Wide applicability - MYGW can be used to enable individual merchants regardless of size and number of transactions. It is an ideal solution for the small to medium enterprise (SME) but can also be readily tailored to suit larger enterprises that operate call centres and web sites to service their clients. Rapid merchant payment enablement - MYGW deploys a flexible connection mechanism based on ‘web-services’ communication. Range of payment methods - MYGW currently supports credit and debit card payments from many popular card brands and wallets including UnionPay cards and Alipay mobile applications. Transaction types include Purchases, Void and Refunds. Secure payments - Data passed between the merchant and MYGW is encrypted using industry standard cryptography. MYGW can reduce the transaction risk by storing card details and other sensitive data on behalf of the merchant. Future proofing - MYGW will continue to be compliant with new industry initiatives. Services Provided to the Merchants The services provided to merchants and processors by MYGW through the hosted platform are functionally divided into the following groups: 1.Client Account Management 2.Payment Enablement and Processing 3.Merchant Administration Functions | 
