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The Breakdown and Process of Payment Gateway Services
A payment gateway service is an e-commerce application service provider that can authorize payments by credit card for online businesses or retailers. A payment gateway service acts as a mediator between the payer and the payee. Essentially, payment gateways facilitate communication between banks, specifically between the acquiring bank and the issuing bank. Typically The typical…
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The Top Three Reasons for Credit Card Chargebacks
Secure payment options — especially for card not present transactions and credit card payment services that offer fraud detection and chargeback protection — are getting harder and harder for merchants to find. The many types of credit card payment options, both online and in-store, seem to be multiplying everyday, while the number of security threats…