Category Archives:Payment Gateway
High Risk & Low Risk Merchat Services

Webmasters Payment Gateway Providers?

Question by brianluke1: Webmasters Payment Gateway Providers?
Can you refer me to a cash processing gateway? Yes, I have merchant accounts with Amex and MC and Visa I need a way for customers to place their orders.

Best answer:

Answer by Ron
6 Payment Gateways Reviewed: http://www.sitepoint.com/article/money-where-mouse-is-gateways/

Ecommerce Payment Gateway Primer: http://www.websitepublisher.net/article/payment-gateway/

What You Should Ask A Payment Gateway Provider: http://michellenewman.wordpress.com/2007/07/19/what-you-should-ask-a-payment-gateway-provider/

Ron

Know better? Leave your own answer in the comments!

Best Payment Gateway Provider?

Question by kavinrocky@1: Best Payment Gateway Provider?
My site is a freelancing site and i need the best Payment Gateway Provider..
These should be included :

Check – Regular Mail
Check – FedEx Overnight
Paypal
E-Gold
Moneybookers
Payoneer Debit Card
Bank Wire

Thanks

Best answer:

Answer by Michelle C
sitepoint.com/article/money-where-mouse-is-gateways

Add your own answer in the comments!

how do i MAKE a payment gateway?

Question by TheHermit: how do i MAKE a payment gateway?
okay don’t be so quick to judge.. i understand its not easy and its gonna take a LOT of work.. but it seems like the internet doesnt want me to know the answer to that! i could find NO sources for this.. ok lemme split this questions into sub-questions so its easier to answer (..?)
* is there any reading material for this?
* how much investment are we talking here?
* is there a proper tutorial that gives any pointers?
* on a scale of one to ten how retarded do u think this question is.. as in how hard is this gonna be for a good PHP programmer (me)

thanks in advance!
and we could do without the wisecracks thank u!

Best answer:

Answer by Shedy G
if you that stupid why ask its a10

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Lastest Payment Gateway News

Why a Currency Based on an Internet Joke Should Be Taken Seriously
EGifter is working with GoCoin, a cryptocurrency payment gateway, to allow consumers to pay with the two altcoins. GoCoin allows clients to immediately exchange digital currencies into U.S. dollars to avoid price volatility risk. GoCoin charges 1% per …
Read more on American Banker (subscription)

Canadian websites hit by Heartbleed vulnerability
Heartbleed is a vulnerability in the OpenSSL encryption code that is used by two-thirds of all websites. A popular method of encryption because it is open source and freely available, OpenSSL ensures your private information is securely transferred to …
Read more on ITBusiness.ca

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 โ€“ including Xerox โ€“ 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

which technology is used for payment gateway ?

Question by James Bond: which technology is used for payment gateway ?
I mean there is technology that transfers money. We use some technology there are lots of its just tell me some so i can know something about

Best answer:

Answer by stymiee
This isn’t a project you would write with a language like PHP. You would need to use a higher level language such as C or C++. Something compiled that will be much faster and more robust then PHP. You can power your web based front end with PHP (i.e. user control panel) but the backend stuff, including payment processing, will need to be in the higher level language. You’ll also need an enterprise level database as open source databases could never handle a task like this. Basically you’re looking at using an Oracle database which is expensive but also designed for this sort of thing.

Your first major issue will be PCI DSS compliance. This is the security practices dictated by the major credit card companies (Visa, MasterCard, Amex, Discover Card, JCB). It dictates how you will secure your data in terms of hardware, software, and practice. It is expensive to do and maintain. You will need to hire a company to certify your compliance on a regularly scheduled basis. Failing your certification can mean you get shut down.

Your second major issue will be getting certified by the processing networks. To be a successful payment gateway you must be certified on every processing platform and there are at least 16 of them that I can think of off of the top of my head. Being certified takes about two months for each. You can do them simultaneously but you would be looking at at least a year to be certified on all of them. And each one has a different API so you will need to code your payment gateway to work with all of them.

Your third major issue will be the data you store. Not only do you have the PCI DSS issues to deal with, but you will need to capture and store every transaction that runs through your system for years. That kind of data will require tons of storage space (that will also need to be secured).

Your fourth major issue will be processing volume. A gateway must be able to perform transactions in a second or less. This means your hardware solutions must be able to scale for heavy traffic especially over the holiday season. It will need to be able to handle hundreds of transactions per second (thousands if you become successful). That is a big reason why you’ll need to use a higher level language over PHP.

Your fifth major issue is that you will need to create a powerful yet easy to use API for web developers to use to connect to your payment gateway. They need to be able to do everything a credit card terminal can do through code. Documenting that should be fun! ๐Ÿ˜‰

Minor issues include:

– Making sure you are ECI compliant (Electronic Commerce Indicator is required for all Internet transactions)

– Securing all data transfer (SSL)

– Offering a user control panel

If you want to be successful you will also need to have the following in place:

– Anti-fraud tools

– Have a reseller program in place

My estimations would say it would take 2 – 3 years to build your own payment gateway and get it up and running. That includes being PCI DSS certified, certified on every major processing platform, and to create your API. Costs would be around $ 250,000 as the developers you would need to write that kind of code will not be cheap plus you will have large infrastructure costs (hardware and software) just to run everything.

Know better? Leave your own answer in the comments!

Lastest Payment Gateway News

SmartTrans continues to ramp up mobile and online revenue
It also earns royalties for providing a payment gateway for other app providers to sell into the Chinese market. Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX โ€œSmall and Mid-capโ€ stocks with …
Read more on Proactive Investors Australia

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

Benefits of Binary Options

 

Benefits of Binary Options

In finance, binary option can be defined as a type of option whereby, the reimbursement is designed to be a particular amount of money or nothing at all. Binaryoptionsbluebook.com can help you select the best performing ones. Thus, for a binary option to be defined as successful it will only be determined by two options. In finance, some of the benefits of binary option include:

 

Simplified trading. Binary options make trading simpler. It only leaves the investor with one single option while the broker is left to take care of the rest of the variables. In this case, there are only two outcomes expected and this will not be affected by whether there is a rise or fall in the market.

Secondly, with binary options, there is limited risk. This is because it leaves the investor with only two options to choose from. The investor is able to know the exact amount of loss that is likely to be incurred in case the business is unsuccessful or the amount of profit that will be gained in case it turns out successful. If the speculation turns out to be correct then the returns are likely to be very high.

Binary options also provide high potential yields in business. This is because they attract traders regardless of the rise or fall in the market. It still allows traders to make money regardless of these conditions. There is some speculation that binary options may pose a very big risk to investors but this is not the case. This is because the binary options are accessed easily by both the experienced and new investors.

Binary options also enable an investor to calculate the latent profit as well as the specific exposure. This enables them to get rid of all the uncertainties prior to placing a trade. In this case, the price of a particular asset will be of less importance and the investor is left to focus only on its direction. This is what attracts many traders because of the unpredictable nature of the binary options.

Due to competition, brokers have been giving out a variety of binary option products. However, regardless of the two choices left in a binary option, there are foreign traders who have allowed traders to walk out of trade before the expiry. The earlier the trader exits the trade, the lower the loss due to a lower payout that will be determined by the broker. However, this will be of benefit to the trader as they will not lose their entire investment. So If you need some money to invest in binary options, there are a lot of Iphone casinos that can help you do that!

Lastest Payment Gateway News

GoSwiff debuts integrated mobile commerce platform
Gateway: goSwiff Gateway consolidates a merchant's payment processing into one solution covering every payment transaction type and method. This enables payments to be processed quickly and accurately, all on a secure and authenticated platform.
Read more on Finextra

Tanpa Payment Gateway, RI Kebobolan Rp7,5 Triliun per Tahun
VIVAnews – Direktur Jenderal Aplikasi dan Informatika Kominfo, Bambang Heru Tjahyono mengatakan, bisnis transaksi elektronik di Indonesia bakal terus kebobolan jika tak memiliki payment gateway. "Semua transaksi ke luar negeri, setiap tahun, kita …
Read more on VIVA.co.id