Comments on: Payment Gateway

By: Will Cell Phones Replace Credit Cards?

Will Cell Phones Replace Credit Cards? — Tue, 10 Aug 2010 00:23:10 +0000

[...] novel, mechanism for processing credit card payments, to do just what a POS terminal or a payment gateway [...]

By: How to Manage Chargebacks Resulting from Declined Authorizations

How to Manage Chargebacks Resulting from Declined Authorizations — Thu, 01 Jul 2010 14:24:13 +0000

[...] a decline. Today authorization requests are sent out automatically by most POS terminals and payment gateways. Floor limits are typically specified in merchant processing agreements. For card-not-present [...]

By: Managing the E-Commerce Authorization Process

Managing the E-Commerce Authorization Process — Fri, 11 Jun 2010 23:40:55 +0000

[...] a physical possession of their cards at the time of the transaction. It is a feature that all major payment gateways support and your payment processing provider should make it available to [...]

By: How to Select a Merchant Account Provider

How to Select a Merchant Account Provider — Mon, 07 Jun 2010 13:56:39 +0000

[...] Payment gateway fee – specific to the e-commerce industry. Payment gateway is the service that connects an e-commerce website with the merchant’s processing bank and transmits transaction information between them. You will only need it if you want to let customers pay you over the web and it should not cost you more than $15 per month. Some gateway providers may charge you a set-up fee, which varies by provider and gateway, but should not exceed $50. [...]

By: Overview: Accepting Credit Card Payments Online

Overview: Accepting Credit Card Payments Online — Sun, 06 Jun 2010 16:39:22 +0000

[...] payment processing service provider and mentions several names. She then goes on to review the part payment gateways play in the process and here is where it gets confusing. The article doesn’t explain what a [...]

By: How to Handle Credit Card Processing on Multiple Websites

How to Handle Credit Card Processing on Multiple Websites — Fri, 04 Jun 2010 21:27:25 +0000

[...] websites is also an option, but here the challenges are of a different kind. Technically, your payment gateway can easily be set up to process information between each of your websites and your processing bank. [...]

By: Dedicated Merchant Accounts vs. Third-Party Payment Services

Dedicated Merchant Accounts vs. Third-Party Payment Services — Mon, 31 May 2010 20:02:51 +0000

[...] which is SSL-secured on the server hosting the merchant’s website. Then the merchant’s payment gateway gathers the transaction information, encrypts it again and sends it to the card issuer for [...]

By: MasterCard's Card Validation Code 2 - CVC 2

MasterCard's Card Validation Code 2 - CVC 2 — Sun, 30 May 2010 20:39:31 +0000

[...] CVC 2 is a security feature that all major payment gateways and virtual terminals support and your payment processor should make it available to [...]

By: How to Protect E-Commerce Merchant Accounts from Intrusion

How to Protect E-Commerce Merchant Accounts from Intrusion — Sun, 30 May 2010 15:41:54 +0000

[...] criminals looking for credit card data are an e-commerce website’s shopping cart and the payment gateway that connects it to the merchant’s processing bank’s system. Criminals usually attack [...]

By: Visa Card Verification Value 2 - CVV2

Visa Card Verification Value 2 - CVV2 — Fri, 28 May 2010 22:19:19 +0000

[...] possession of their cards at the time of the transaction. It is a feature that all major e-commerce payment gateways support and your payment processing provider should make it available to [...]

By: Credit Card Transaction Processing Basics

Credit Card Transaction Processing Basics — Thu, 27 May 2010 23:43:15 +0000

[...] provides a service used in the card payment transaction process: point-of-sale (POS) terminals, payment gateways, web hosting, SSL certificates, shopping carts, [...]

By: How Payment Gateways Work and Integrate with E-Commerce Merchant Accounts

How Payment Gateways Work and Integrate with E-Commerce Merchant Accounts — Sat, 22 May 2010 22:06:12 +0000

[...] What is a payment gateway? Payment gateway is a web-based service that integrates into an e-commerce website’s shopping cart and collects payment information provided by customers at the check-out. The gateway then encrypts the data and transmits it to the card issuing bank for authorization. The authorization response is then sent to the merchant and is displayed to the cardholder. In essence, the payment gateway serves for web-based merchants the same purpose that a point-of-sale (POS) terminal does for brick-and-mortar businesses. We have previously written in greater detail about the e-commerce authorization process and the gateway’s place in it and you can review the article here. [...]

By: How does an E-Commerce Merchant Account Work

How does an E-Commerce Merchant Account Work — Sat, 22 May 2010 20:57:14 +0000

[...] gateway. Payment gateway is a service that connects a shopping cart with the merchant’s payment processor’s [...]

By: How does an E-Commerce Merchant Account Work

How does an E-Commerce Merchant Account Work — Sat, 15 May 2010 06:38:44 +0000

[...] gateway. Payment gateway is a service that connects a shopping cart with the merchant’s payment processor’s system [...]