Category Archives:Payment Gateway
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Boom time for e-commerce in India; but customers face heightened risk of fraud

Boom time for e-commerce in India; but customers face heightened risk of fraud
NEW DELHI: As more Indians step up to make online payments, there is a proliferation of payment gateways and mobile wallets, many of which are facing the risk of being misused by unscrupulous merchants. Payment service providers like Citrus Pay and …
Read more on Economic Times

Digital River and Klarna form online payments alliance
As part of another agreement, Klarna is using the Digital River World Payments solution to process consumers' credit card and online bank transfer payments through Digital River's international payment gateway. In 2013, Digital River processed more …
Read more on Finextra

Japanese Exchange BitFlyer Raises 6k in Growth Funding
As well as allowing people to buy and sell bitcoin, bitFlyer partnered with GMO Payment Gateway to provide a bitcoin payment option to 48,000 online merchants in late September. Earlier the same month, the firm launched Japan's first bitcoin …
Read more on CoinDesk

Q&A: What is a secure payment gateway?

Question by sean: What is a secure payment gateway?
How does it work to a merchant’s advantage?

Best answer:

Answer by happy
You need a payment gateway to process your on line payments as well as your normal credit card processing card company. They take your customer’s card details over the Internet and perform security checks on your behalf. It’s not to your advantage, because you have to pay twice and it’s not something you can do yourself.

It depends on the volume of business you transact through your site as to whether using a payment gateway is financially viable. For low volume transactions, a company such as paypal to take your online payments will be much much cheaper and it’s very straight forward. Google has also introduced a similar service recently.

Add your own answer in the comments!

Lastest Payment Gateway News

SC Verdict: Thur, Aug. 2013 –1 Year In Retrospect
Our slogan, “Gateway to Africa” could clearly be interpreted by them to mean, come to “the Lions' Den in Africa” where members of government continuously cherish in the “create, loot and share” ideology and majority of our judges who, by their …
Read more on spyghana.com

Clay Telecom Partners with PayU
They can now also access premium & the most effective fraud prevention technology, PayU payment gateway on www.clay.co.in," said Clay Spokesperson. The thought behind this association is to reinforce customers' trust and comfort on the financial …
Read more on IT News Online

RisePay to integrate Spindle payment processing aggregation in strategic

RisePay to integrate Spindle payment processing aggregation in strategic
Spindle, Inc., (OTCMKTS:SPDL) a leading provider of mobile commerce solutions, announced it has signed a strategic agreement with RisePay, a developer of payment gateway systems for small businesses, service providers and mobile vendors. Through …
Read more on LeapRate

Meru Cabs asks RBI to extend recurring payment rules to foreign players like Uber
Meru says foreign players like Uber are able to circumvent the mandated two-stage credit card authentication by routing their transactions through foreign payment gateways, on which RBI has no jurisdiction. This allows them to store credit card details …
Read more on MediaNama.com

Ed FitzGerald: LeBron's return worth millions to Cleveland, Cuyahoga County
FitzGerald said he expects that between increased attendance and playoff games, the county will save $ 3.5 million a year on its Gateway payments while the Cavs sell out games. 2. More fans downtown means more jobs, increased sales tax collections.
Read more on The Plain Dealer

GuestLogix Deploys Technology Upgrades Across Royal Air Maroc in

GuestLogix Deploys Technology Upgrades Across Royal Air Maroc in
Backed by 90 payment and operational certifications, GuestLogix' end-to-end retail solutions including its Transaction Processing Engine(R) (TPE) and Global Payment Gateway(TM) enable the Servair Group to offer secure retailing technology to its …
Read more on MarketWatch

Bitcoin 101: Understanding the Basics
Other services act as a gateway to major retailers that don't have much incentive to offer a payment method that's still employed by only a small section of society. eGifter allows customers to buy giftcards in bitcoin that can be spent via iOS/Android …
Read more on Techlicious

Jam Track Central Launches New Site With Metal Tracks

Jam Track Central Launches New Site With Metal Tracks
Jonny Carpenter, Jam Track Central Manager, said "The new website layout, complete with new features and a new payment gateway, has been designed to make our customers experience even more enjoyable. It is now easier than ever to learn fantastic …
Read more on Metal Underground

The iPhone 6 could replace your credit card
The iPhone 6 is not the only player who can take advantage of this method of making payments. Payment gateway PayPal already has a deal in place with Samsung that allows the fingerprint sensor in the Galaxy S5 to be used to authenticate payments and …
Read more on htxt.africa

bn group: Tracing the journey of new icons
It delivers to over 250 cities and towns with its own logistics network, has its own payment gateway that is used by sites like Makemytrip, Caratlane and Trendin and is now partnering with the government to train and bring artisans online. While this …
Read more on Economic Times

what is fashion pay payment gateway?

Question by Jessie: what is fashion pay payment gateway?
I want to buy some shoes online and under payment method it said FASHIONPAY payment gateway

Best answer:

Answer by Mohammad
1. FASHIONPAY payment gateway is a system to confirm availability of funds in the credit/debit card of the purchaser.

2. The website of Fashionpay gives the following information about the Payment Gateway:

“Payment Procedure

“Online Shopping Payment Procedure

1. Online shopper visits the merchant’s website and attempts to pay for service product.
2. Merchant’s website sends transaction enquiry to the payment system.
3. Online shopper’s bank debit card makes payment to the bank.
4. Fashionpay checks the merchant information and finds no transaction request errors.
5. Payment request is produced and sent to fashionpay gateway which checks the transaction information between the payment system and merchant’s website.
6. If there are no errors, the payment order is produced and sent to the bank’s payment platform.
7. Fashionpay returns the result from the bank’s payment gateway to fashionpay server.
8. Fashionpay server notifies both the merchant’s website and the customer that the transaction is completed.”

http://www.fashionpay.com/sht/en/pay.html.

.

Know better? Leave your own answer in the comments!

Ingenico Group's Fully Managed IPhone-based Payment Solution Selected By

Ingenico Group's Fully Managed IPhone-based Payment Solution Selected By
In addition, Ingenico Group will also manage all the European transactions through its central gateway. This fully PCI DSS compliant solution will help Loewe control costs, providing end-to-end security in compliance with international payment …
Read more on RTT News

Apriva Partners with GoCoin to Offer Bitcoin and Altcoin Payments
International payments platform GoCoin has announced a technology partnership with point-of-sales (POS) service provider Apriva. Apriva's Gateway connects payment devices, merchant acquirers and payment processors to deploy and manage wireless …
Read more on CoinDesk

RBI shuts overseas payment gateway for credit card transactions within India

RBI shuts overseas payment gateway for credit card transactions within India
Aprameya Radhakrishnan, cofounder and director of Taxi for Sure, a Bangalore-based online taxi aggregator and Uber rival, said, "It will impact only foreign companies who are operating in India through an international payment gateway or by storing …
Read more on Economic Times

Eason Inks Payment Gateway Deal with TNS
DUBLIN–(BUSINESS WIRE)–Eason, Ireland's leading retailer of books, stationery, magazines, cards and much more, has chosen the TNSPay gateway from Transaction Network Services (TNS) to handle payment transactions made across its store network …
Read more on Business Wire (press release)

Google working with Airtel as payment gateway for digital purchases
While having a credit card is like having a company ID in the US, not all countries have that kind of relationship with that plastic rectangle that makes you buy stuff. In India, for example, most smartphone owners don't own a credit card, making it a …
Read more on Android Community

Lastest Payment Gateway News

MS University launches online admission for the new academic year
Instead of personally visiting the university campus for collection of forms, aspirants can register online and make payments through secure online payment gateway through credit or debit card. "Students not possessing debit or credit card facility can …
Read more on Times of India

MYOB unveils limited release of new mobile payments app for SMEs in Australia
Bendigo Bank will act as the merchant accounts provider for MYOB PayDirect, whereas Mint Wireless will provide the mobile payments gateway for the service. Later this year, the company will allow its clients to combine with the MYOB Essentials range …
Read more on Banking Business Review