There are myriad options for both merchant accounts and payment gateways, though they can vary greatly. A payment gateway is the online equivalent of a point-of-sale system (like a credit card machine) in a brick-and-mortar store. When an online shopper selects “Pay Now” on a website, their payment information is passed through your secure server [...]

Payment processing is the electronic means of exchanging account information from the store level to your payment gateway originating through a credit card purchase which initiates a secure encrypted transaction request electronically sent to the gateway allowing the transcation to clear. Your payment gateway then immediately corresponds with your merchant account, which corresponds with your [...]

In Asia and Europe, mobile payment is a new and rapidly-adopting alternative payment method. Instead of paying with cash, cheque or credit cards, a consumer can use a mobile phone to pay for a wide range of services or hard goods such as. Music, videos, ringtones, online game subscription or items, wallapers and other digital [...]

Before choosing a payment provider, you must confirm that it has the necessary licenses from approved authorities to undertake such operations. Consumer review websites usually report unscrupulous activities of online payment services. You can watch out for reviews about such services before deciding on the right one. Portals like epionions.com or ConsumerSearch.com carry comments from [...]