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Q3 2023 - Silverflow Product Updates

Welcome to your quarterly update on the latest and greatest additions to the Silverflow portal. Find out what's new and see what the Silverflow portal can now offer you!
Q3 2023 Silverflow Product Updates

Welcome to your quarterly update on the latest and greatest additions to the Silverflow portal. Find out what's new and see what the Silverflow portal can now offer you!


Network Tokens - NOW LIVE!

Over the past quarter, we have enabled processing transactions with network tokens through our API for Mastercard and Visa. Using network tokens to process transactions offers a number of benefits:

  • Improved security for storing payment credentials of cardholders, lowering the impact of a possible data breach and stolen card fraud.

  • Improved authorization rates for recurring transactions by minimizing unnecessary declines because of life-cycle events. Account Updater is effectively part of the functionality.

  • Latest innovations from the schemes such as Click to Pay and delegated authentication can be enabled through network tokens.

  • Improved security for storing payment credentials of cardholders, lowering the impact of a possible data breach and stolen card fraud.

  • Improved authorization rates for recurring transactions by minimizing unnecessary declines because of life-cycle events. Account Updater is effectively part of the functionality.

  • Latest innovations from the schemes such as Click to Pay and delegated authentication can be enabled through network tokens.

If you have an integration with a token requestor or token service provider, you now have the ability to process transactions through our API. We have also finalized our own Token Service, which will allow you to request and make use of network tokens through our integrations with Mastercard SCOF and Visa VTS.


Apple Pay and Google Pay are LIVE!

One of the latest additions to our platform is the ability to process transactions originating from Apple Pay and Google Pay digital wallets. If you are a processor and enabler of Apple Pay and/or Google Pay for your merchants, our Charges endpoint allows you to take ApplePay or GooglePay payload and use it in the same way you would process payments via our /Charges endpoint. Ready to test? Try this on our sandbox.


Additional ISO Fields in Responses

We have recently added the card network response code and response description to the following endpoints:

  • Refund a charge

  • Increment a charge

  • Reverse a charge

  • Cancel or refund a charge

Adding this information to our API responses on these endpoints provides our customers with greater insights into the card network responses if any of these actions are not authorized. It’s also aligned with our design approach to make all information provided by the card networks available to our customers in order to improve their processes and improve their performance as an acquirer.


Daily Funds Transfers Report added to the portal

We have added a Daily Funds Transfer report in the Reports section in the Silverflow portal. This is a representation of our Network Funds Transfers endpoint, providing customers an overview of all settlements received (or expected) from the Card Networks on a specified Funds Transfer Date. These settlement amounts should match with the bank transfers actually performed by the Card Networks.


Merchant Overview Added to the Portal
Merchant Overview Screenshot

Merchant Overview Screenshot

We have added a new Merchant section to the Silverflow portal. This section allows our customers to access a list of Merchants created on our platform and go into the details of each. The details include an overview of the merchant hierarchy provided by the list of Merchant Acceptors and the key information like MIDs, MCCs, Settlement Currencies, etc. Customers can also see details of Enrollments configured for the Merchant including ISSM, VTS, and SCOF enrollments.

Questions about any of these updates, or want to learn more? Contact us today!

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