Former Executive Chef at the Pentagon Sets the Stage to Honor Veterans at …
Oakwood Common offers one and two bedroom senior living apartments located at 16351 Rotunda Drive, within a beautiful 29-acre community that includes exquisite landscaping, nature trails and scenic views along the historic Rouge River Gateway in …
Read more on Marketwired (press release)
How Obamacare Went South In Mississippi
Families are crippled because of health crises that tear their lives apart, and by the burden of debt caused by the inability to pay for the health care that they need," the letter states in part. Demonstrators carried a large check for $ 8.7 billion …
Read more on Jackson Free Press
Los Angeles Metro taps Cubic for TAP upgrade
Cubic will also be providing its PA DSS-certified Cubic Payment Application (CPA), a secure card payment processing gateway, as well as an interface to Metro's bank of choice, Bank of America. The agreement also includes Cubic-supplied upgrades to …
Read more on RailwayAge Magazine
CardinalCommerce and PAY.ON Join Forces to Offer Premium Consumer …
A modular payment gateway connects to more than 350 system-relevant payment providers worldwide and offers more than 200 payment methods via a single API. PAY.ON helps payment providers address current market challenges and gives them a …
Read more on GlobeNewswire (press release)
Discover Looks To Tap The Asian Market
Earlier this month, the company entered an agreement with Bangkok Bank in Thailand, and is also associated with the RuPay payment gateway system that was launched in May 2014 in India. Discover is the third largest credit card company in the U.S. after …
Read more on Trefis
MICROS and Elavon Deliver Secure Payment Technology
Powered by the MICROS Payment Gateway™ and Elavon's Fusebox™ gateway solution, this next generation payment environment is built upon decades of proven PMS and payment processing expertise. Robust scalability offers a great fit for businesses of …
Read more on Newswire Today (press release)
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
When you think about the Internet in view of national borders on earth, you might begin to feel a sense that the human race is outgrowing its own world. Humans are moving about internationally, and across hemispheres, such that it could be said the original purpose of national borders is in question. On a daily basis, using the Web, we also cross borders freely.
Perhaps you are willing to consider that the Web in particular can act as a kind of training space, where we are all gradually re-thinking of the planet, as a whole. Social theorists in the '50s and '60s and '70s talked about the coming global condition of connectedness, a high-tech village atmosphere everywhere, when the planet seems to shrink for humans.
Certainly, in a less grandiose vision of the future, the Web is helping us all integrate at our own local levels. As a new, alternative globe or map, the Internet has already allowed countless cities and areas to become destinations for people who are searching for exactly those kinds of places. In that process, people learn how to let their minds travel freely in this world.
Why did we originally need guarded borders between countries? You could easily answer that question, from your basic history knowledge, and even common sense. Today, things at borders are much more complicated because money, goods, creatures and news are not the only things moving across the thresholds.
Cultures, languages, plants, ideas and ways of life are moving across borders very freely, because the physical borders mean much less to us. Our borderless online world may offer us powers and variety, in other words, that we shall begin to expect on the ground — including decreased awareness of people's nationalities. Aren't we all becoming global citizens?
If we're moving toward a borderless sort of world — at least in the ways that people feel about their world, in the beginning — then how the Web is guiding us in that direction is interesting.
We might say that we believe in the Web, as a reflection of our human world, for the reason that it is comprehensive. Enough people are sharing, creating and making use of online content that the library of life produced gives us confidence.
When anybody can come up with anything online — from learning a trade, to finding out about the next national border you could cross, or doing a craft project by yourself, to playing at a Tablet casino — it fulfills its purpose of bringing us all together, across our old borders and separations.
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
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
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
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! 😉
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!
Question by kumaran: What is Internet Payment Gateway?
An internet payment gateway is the most important part of any online business. What an internet payment gateway enables is a way for your site to process credit and debit card payments. One is a gateway which processes the credit card numbers and the second method is an internet payment gateway which collects the numbers and necessary information with you needing to run the numbers yourself on an offline credit card machine. Many companies, banks and websites offer this service online.
Best answer:
Answer by Sky Lin
An online Internet payment gateway allows you to process credit card orders from your website in real time. This way, the customer knows immediately whether or not their credit card was approved.
A shopping cart is usually used before the payment gateway. This function allows your customers to pick and choose the various items they want to purchase from your website, including options such as size, color, etc. At checkout the shopping cart totals the items, adds tax and shipping and collects the customers shipping and billing information.
The payment gateway captures the credit card transaction, encrypts the transaction information, routes it to the credit card processor and then returns either an approval or a decline notice.
This is a seamless process and your customer does not directly interact with the payment gateway as data is forwarded to the gateway via your shopping cart and a secure connection.
There are three vital things that an online payment gateway does when a customer attempts to make a purchase from your website using a credit card or a debit check card. These include authorization, settling, and reporting.
What do you think? Answer below!
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!
