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

Better Business Bureau cautions attendees as 'Flip This House' star's seminar

Better Business Bureau cautions attendees as 'Flip This House' star's seminar
If you didn't pay cash for the home you will be responsible for the mortgage payment until it sells. If the home you purchase has code violations, you must make those repairs to avoid fines. Beware that many foreclosed homes have unseen damage that …
Read more on The Flint Journal

Coming soon: Feed the meter with the tap of an app
The controversial old plan called for leasing the parking system to the region's port authority and its private partners – including Xerox – for decades in exchange for an $ 85 million upfront payment to use for several economic development projects …
Read more on Cincinnati.com

From Fri, e-pay option for water bills
To facilitate online payments, the state is using SBI's payment gateway. Service charges to avail online payment through debit cards or internet banking will be absorbed by the government, while the service charges to avail online payment through …
Read more on Times of India

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

Lastest Payment Gateway News

Creditcall Announces Certification with 12th Processor in North America and
Creditcall, the EMV-ready payment gateway provider and EMV migration specialist, has expanded its North American reach by certifying with Canadian processor Desjardins, its fifth processor partner in the nation, and 12th in North America. The …
Read more on Parking Network (press release)

TransFirst and InvisiCorp Announce Alliance
HAUPPAUGE, N.Y., Sept. 11, 2014 /PRNewswire/ — TransFirst, a leading provider of transaction processing services and InvisiCorp, Inc., makers of InvisiPay, have announced their alliance to provide increased value to their customers. The companies are …
Read more on IT Business Net

Privacy Policy
All supplied sensitive/credit information is transmitted via Secure Socket Layer (SSL) technology and then encrypted into our Payment gateway providers database only to be accessible by those authorized with special access rights to such systems, and …
Read more on Delphos Herald

GuestLogix Signs 5-Year Agreement with Pan-American Carriers, InselAir and
GuestLogix' Global Payment Gateway™ will also be leveraged to provide enhanced revenue protection via advanced fraud reduction tactics. With this agreement, GuestLogix expands its Americas footprint and successfully grows its presence in Latin America …
Read more on Newswire Today (press release)

Can Amazon Sponsored Links Challenge Google AdWords?

Can Amazon Sponsored Links Challenge Google AdWords?
Now imagine what happens if Amazon extends its reach from the seven percent who buy online, to all the physical retailers that could use Amazon as a payment gateway with its new credit card reader service [Amazon Local Register]. It's a scary scenario …
Read more on The Inquisitr

CWG Eyes New Opportunities, Claims Business Model Affects H1 Financial Report
… Openshoppen, an e-commerce site that provides multiple shop owners the opportunity to open virtual shops online, complemented by an integrated secured payment gateway, thereby allowing online buyers to pay for products and services with their cards.
Read more on The Guardian

MerchantCoin.net Introduces Groundbreaking Approach for Bitcoin Mining
To support newly registered businesses, MerchantCoin will offer a completely free and open-source ecommerce ecosystem, including a web portal, website, storefront, content management system, shopping cart, payment gateway/point of sale solution, wallet …
Read more on Ping! Zine Web Tech Magazine

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

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

TOP 10 SAAS eCommerce Platforms in India

TOP 10 SAAS eCommerce Platforms in India
Features: Store Customization, DIY Store, SEO and Online Marketing, Social Network Integration, Courier Tracking In-Platform, Support all Major Payment Gateways -Pay U, Direct Pay, CCAvenue, Gharpay, Citrus and EBS. Offers free payment gateway, No …
Read more on India Business Blog (blog)

5th Dimension Logistics Launches Partnership with Cornerstone Merchant
Today 5th Dimension Logistics (5thDL), a payment gateway provider recognized as a technology leader in the payment processing industry, announced a new partnership with Cornerstone Merchant Services Inc in Las Vegas, Nevada . Together the partners …
Read more on Insurance News Net

Securing Stored Cardholder Data — Another Layer To The EMV Puzzle
With P2PE, cardholder data is secured via encryption when the card is inserted and can only be decrypted by the bank, processor, or payment gateway. This means that sensitive data can be transmitted or even stored by the merchant without worrying about …
Read more on Business Solutions Magazine

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!