Payment Gateway

4,777 views

Published on

One of my guest speaker sessions at universities

Published in: Economy & Finance, Business
1 Comment
2 Likes
Statistics
Notes
No Downloads
Views
Total views
4,777
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
332
Comments
1
Likes
2
Embeds 0
No embeds

No notes for slide

Payment Gateway

  1. 1. Payment Gateway Asif Hussain Asif Hussain 1
  2. 2. Asif Hussain• Project Manager & Lead Business Analyst Sapphire Consulting Services [www.sapphirecs.net] http://pk.linkedin.com/in/asifhossain Skype: aasifhussain• Bahria University [BE, Computer]• CBM (IoBM) [MBA, Marketing ]• PMP & Oracle Siebel CRM Certified• CRM , Online Stock Trading & Islamic Financial Consultant Asif Hussain 2
  3. 3. Payment Gateway• What is Payment Gateway?• How Payment Gateway works. Asif Hussain 3
  4. 4. What is Payment Gateway• Payment Gateway refers to an E-commerce service that authorizes payments for E- business & online retailers.• Payment gateways encrypt sensitive information, such as credit card numbers, to ensure that information passes securely between the customer and the Asif Hussain 4
  5. 5. How Payment Gateway works?• Merchants web server in encrypted format. This is usually done via SSL (Secure Socket Layer) encryption.• The transactions details are then forwarded to the concerned Payment Gateway.• The transaction information is then passed on to the merchants acquiring bank by the Payment Gateway. Asif Hussain 5
  6. 6. How Payment Gateway works?• Merchants acquiring bank then forwards the transaction information to the issuing bank.• Bank sends a response back to the Payment Gateway.• The response is then forwarded by the Payment Gateway to the merchants server.• Encrypted response is relayed back to the customer. Asif Hussain 6
  7. 7. How Payment Gateway works? Asif Hussain 7
  8. 8. Some Payment Gateways Asif Hussain 8
  9. 9. Q A Asif Hussain 9

×