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  2. Payment gateway - Wikipedia

    en.wikipedia.org/wiki/Payment_gateway

    A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payment processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. [1] The payment gateway may be provided by a bank to its customers, but can be provided by a specialised ...

  3. Payment service provider - Wikipedia

    en.wikipedia.org/wiki/Payment_service_provider

    Payment service provider. A payment service provider ( PSP) is a third-party company that allows businesses to accept electronic payments, such as credit card and debit card payments. PSPs act as intermediaries between those who make payments, i.e. consumers, and those who accept them, i.e. retailers. [1]

  4. Payment processor - Wikipedia

    en.wikipedia.org/wiki/Payment_processor

    A payment processor is a system that enables financial transactions, commonly employed by a merchant, to handle transactions with customers from various channels such as credit cards and debit cards or bank accounts. They are usually broken down into two types: front-end and back-end. Front-end processors have connections to various card ...

  5. 7 Best Payment Gateways for Small Businesses - AOL

    www.aol.com/finance/7-best-payment-gateways...

    This payment gateway offers a flat fee and has no monthly charges or cancellation fees. 7. Square. Cost of service: 2.60% plus 10 cents per transaction.

  6. Merchant services - Wikipedia

    en.wikipedia.org/wiki/Merchant_services

    Merchant services. Merchant services is a broad category of financial services intended for use by businesses. [1] In its most specific use, it usually refers to merchant processing services that enables a business to accept a transaction payment through a secure (encrypted) channel using the customer's credit card or debit card or NFC / RFID ...

  7. Payment terminal - Wikipedia

    en.wikipedia.org/wiki/Payment_terminal

    A payment terminal, also known as a point of sale (POS) terminal, credit card machine, card reader, PIN pad, EFTPOS terminal (or by the older term as PDQ terminal which stands for "Process Data Quickly" [1] ), is a device which interfaces with payment cards to make electronic funds transfers. The terminal typically consists of a secure keypad ...

  8. OVO (payment service) - Wikipedia

    en.wikipedia.org/wiki/OVO_(payment_service)

    OVO, officially a product of PT Visionet Internasional, is a digital payment service based in Jakarta, Indonesia. It was established in 2017 with an e-money license from Bank Indonesia, [1] and in 2019 was Indonesia's top digital payment service. [2] Owned by Grab and local investors, [3] in 2019, OVO became Indonesia's first finance-tech ...

  9. Card scheme - Wikipedia

    en.wikipedia.org/wiki/Card_scheme

    Payment gateway. A payment gateway is a key party, responsible for online transactions, passing card data from consumer to merchant, and to a relevant bank through the card scheme. The process usually takes place at POS terminals in retail locations, or by means of online payment services for websites. A payment gateway imparts whether the ...

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