Merchant services:

processing of cards and alternative payment methods (e-wallets, bank transfers) in EU and CIS.

Functionality:

Payment gateway that includes technology, fund settlement services, chargeback handling etc.

Process:

Client is reviewed by CJ and they submitted for approval to payment processing partners (acquiring banks, e-wallets). Client submits transaction data to CJ; CJ conveys it to processing partners; CJ receives settlement from the processing partners and remits it to client on a periodic basis.