A very understanding presentation about Payment Gateways .
A Payment Gateway is an E-commerce Application service provider. Service that authorises payments for E-business.
please check my slide for further study.
A very understanding presentation about Payment Gateways .
A Payment Gateway is an E-commerce Application service provider. Service that authorises payments for E-business.
please check my slide for further study.
How does an online payment gateway work? What important features do reliable payment gateways have? What should merchants look for in payment gateways? Learn these and other answers from our guide - https://goo.gl/PtDiqj
Start accepting payments on your website →→→ https://bit.ly/2xIN1Oj
A Complete Model of the Payment Service BusinessFrank Steeneken
This slide deck provides a complete picture of the underlying skeletal structure that holds every payment service business together while achieving its goals.
The model introduces a comprehensive framework for managing the complexity of the payment service business structure, and a reusable blueprint for visualizing how a payment service business enterprise actually does business. The model’s clearly-defined core-processes and their functions provide a powerful baseline for improving business performance.
By viewing the payment service business as a single system, fully independent of its implementation, the nature of its underlying core processes becomes clear. Then by managing and improving them as parts of a single system, substantial improvements can be made on critical success factors.
Peter Afanasiev - Architecture of online PaymentsCiklum Ukraine
Payment Service Providers
Merchant Payment Systems
General architecture of a Payment System
Know-hows:
Payment queues with MSSQL Broker
Adapter Polymorphism
Tracing in Service Oriented World
Dynamic configuration editor with ASP.Net MVC
A Payment Gateway is an ecommerce application that authorizes payments for e-business, online retailers etc. Analogy of payment is cash counters which are located in the retail outlets. Payment gateways encrypt sensitive information such as credit card numbers to ensure that information passes securely between the customer and the merchant.
Payment Gateway History: An interview with the InventorWayne Akey
Payment Gateways play an integral role in e-commerce and SAAS applications. Hear from Jeff Knowles-the inventor about the challenges and struggles of creating the first Payment Gateway.
eCommerce Payment Gateways: An IntroductionAidanChard
This blog post gives an introduction to eCommerce payment gateways, including the most popular payment gateways, how a payment gateway works, and how you can use one properly.
Epayments system in India and globally iit project abhiROCKS1103
IIT project on epayments. Including all the method uses and innovations in e payments and the growth of epayments in the modern world and rapid growth in india after demonetization.
What payment is? What Payment Gateway/ Payment aggregator is?
How PG/Aggregator to be selected/charges/make money?MID & LiveID. What is Transaction, Refund? What are the Risk their understanding? What are Payment Pages, how to save cards, transaction routing & integration?
Significant benefits of Using Multiple Payment Gateways?Paycron
Accepting payments and processing transactions can be difficult for all companies without payment gateways. Let’s dive into what is a payment gateway and how using multiple payment gateways can benefit the business with high revenue and constant growth.
Factors to Consider While Choosing a Payment Gateway ProviderAlaina Carter
A payment gateway is a software that authorizes payment processing for e-businesses. With the help of these payment gateways, it becomes easy to accept several types of electronic payments. Read more to know what are the factors to consider while choosing a payment gateway provider.
How does an online payment gateway work? What important features do reliable payment gateways have? What should merchants look for in payment gateways? Learn these and other answers from our guide - https://goo.gl/PtDiqj
Start accepting payments on your website →→→ https://bit.ly/2xIN1Oj
A Complete Model of the Payment Service BusinessFrank Steeneken
This slide deck provides a complete picture of the underlying skeletal structure that holds every payment service business together while achieving its goals.
The model introduces a comprehensive framework for managing the complexity of the payment service business structure, and a reusable blueprint for visualizing how a payment service business enterprise actually does business. The model’s clearly-defined core-processes and their functions provide a powerful baseline for improving business performance.
By viewing the payment service business as a single system, fully independent of its implementation, the nature of its underlying core processes becomes clear. Then by managing and improving them as parts of a single system, substantial improvements can be made on critical success factors.
Peter Afanasiev - Architecture of online PaymentsCiklum Ukraine
Payment Service Providers
Merchant Payment Systems
General architecture of a Payment System
Know-hows:
Payment queues with MSSQL Broker
Adapter Polymorphism
Tracing in Service Oriented World
Dynamic configuration editor with ASP.Net MVC
A Payment Gateway is an ecommerce application that authorizes payments for e-business, online retailers etc. Analogy of payment is cash counters which are located in the retail outlets. Payment gateways encrypt sensitive information such as credit card numbers to ensure that information passes securely between the customer and the merchant.
Payment Gateway History: An interview with the InventorWayne Akey
Payment Gateways play an integral role in e-commerce and SAAS applications. Hear from Jeff Knowles-the inventor about the challenges and struggles of creating the first Payment Gateway.
eCommerce Payment Gateways: An IntroductionAidanChard
This blog post gives an introduction to eCommerce payment gateways, including the most popular payment gateways, how a payment gateway works, and how you can use one properly.
Epayments system in India and globally iit project abhiROCKS1103
IIT project on epayments. Including all the method uses and innovations in e payments and the growth of epayments in the modern world and rapid growth in india after demonetization.
What payment is? What Payment Gateway/ Payment aggregator is?
How PG/Aggregator to be selected/charges/make money?MID & LiveID. What is Transaction, Refund? What are the Risk their understanding? What are Payment Pages, how to save cards, transaction routing & integration?
Significant benefits of Using Multiple Payment Gateways?Paycron
Accepting payments and processing transactions can be difficult for all companies without payment gateways. Let’s dive into what is a payment gateway and how using multiple payment gateways can benefit the business with high revenue and constant growth.
Factors to Consider While Choosing a Payment Gateway ProviderAlaina Carter
A payment gateway is a software that authorizes payment processing for e-businesses. With the help of these payment gateways, it becomes easy to accept several types of electronic payments. Read more to know what are the factors to consider while choosing a payment gateway provider.
07 factors to consider while choosing an ecommerce payment gatewaySnehaDas60
As we all know, ecommerce portal conversion rates fall as a result of a lack of research when choosing a payment gateway.There are plenty of advance payment channels now that internet commerce has taken over the globe. Choosing the most potent ones, on the other hand, is essential to making the most of it.
For those who have a good understanding of payment gateways, let's look at the important elements to consider when selecting one for your eCommerce site.
Read more......
Why settle for less when you can have the best payment gateway in India for your small business? Pay10 is tailored to meet the unique needs of burgeoning enterprises, offering low gateway payment charges, easy API integration, and a secure, hosted payment gateway. Scale your business effortlessly with Pay10, where excellence meets efficiency.
These things you must know about online payment solutions.Riya Sen
Every company has different long-term and short-term requirements. Choosing the correct
online payment system to meet your specific requirements can be difficult at times. Many
online payment solution providers are currently developing (or have previously developed)
specific solutions to assist businesses with online payment processing
Credit card processing
https://www.highriskgateways.in/credit-card-processing/
Our credit card processing facility allows you to accept payments from customers around the world, using a variety of credit card brands, including Visa, MasterCard and Cirrus Maestro. In order to support your business, we take a unique approach to credit card payments, focusing on real-time processing, cardholder security, and online fraud prevention
Payment Gateways in Kuwait - 2014 UpdateBurhan Khalid
This is my updated talk on payment gateway options available in Kuwait for 2014.
The talk was given at @sirdab_lab for the @startupq8 weekly coffee meetup.
Our company’s specification is we have unique product offerings with advanced API Integration for best success ratios, Push Response Technology, Dynamic Switching, Retry options, Advanced Analytics, Recurring Payments, Multiple Currency Options, Omni-Channel Offering, E-Wallet M-commerce etc.
Payment Gateway Testing Simplified_ A Step-by-Step Guide for Beginners.pdfkalichargn70th171
In today's dynamic e-commerce landscape, the payment gateway emerges as a linchpin, ensuring smooth and secure transactions between buyers and sellers. In this discourse, we delve into the meticulous process of devising test cases tailored for scrutinizing payment gateways.
Crafting precise test cases for payment gateways is a quintessential responsibility for testers operating within the service industry. This article meticulously explores pivotal scenarios integral to how to test payment gateways, coupled with essential guidelines for drafting effective test cases.
Is Payment Gateway Business Profitable in 2024?ITIO Innovex
Tired of cookie-cutter checkouts that do not reflect your brand? Embrace the future of payments with white label payment gateway! Visit us at: https://itio.in/services/white-label-payment-gateway-solution
Payment Network International is a international payment processor. Please enjoy our short company presentation, should you have any question please email info@pni.com.au
All You Need to Know About Mobile Payment Gateways in 2023.pdfTechugo
A Mobile Payment Gateway allows users to authorize and process payments via mobile apps. It uses encryption and security protocols to protect transaction data. A gateway is a service that allows clients to connect with businesses in order to make financial transactions more convenient.
A mobile payment gateway is a technology that enables secure payment transactions using a mobile device, such as a smartphone or tablet. It acts as an intermediary between a merchant's website or mobile app and the customer's mobile wallet or bank account. To know more, visit the post.
How to Find the Right E-Payment Technology ProviderPaymentAsia
Selecting an easily integrated payment gateway into your e-payment technology gateway can be done if you understand what your needs are. To make the best decision for your business, choose the payment gateway that will best suit your business needs and give your customers a seamless online shopping experience. Visit @ https://www.paymentasia.com/en/about-us
Advantages & Disadvantages of Using Multiple Payment GatewayITIO Innovex
Using multiple payment gateways or white label payment gateway refers to the practice of integrating more than one payment gateway into an online business's checkout process. Visit us at: https://itio.in/services/white-label-payment-gateway-solution
How to Create Map Views in the Odoo 17 ERPCeline George
The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
The Art Pastor's Guide to Sabbath | Steve ThomasonSteve Thomason
What is the purpose of the Sabbath Law in the Torah. It is interesting to compare how the context of the law shifts from Exodus to Deuteronomy. Who gets to rest, and why?
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Ethnobotany and Ethnopharmacology:
Ethnobotany in herbal drug evaluation,
Impact of Ethnobotany in traditional medicine,
New development in herbals,
Bio-prospecting tools for drug discovery,
Role of Ethnopharmacology in drug evaluation,
Reverse Pharmacology.
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
2. About Payment Gateway
• Payment Gateway is an ecommerce
service that facilitates payment for e-
businesses, online retailers, brick and
click.
• Payment gateway facilitate these
transactions by transferring key
information between payment portals such
as web-enabled mobile devices/websites
and the front end processor/bank
3. How Does Payment Gateway Work?
1.) Encryption
2.)
Authorization
Request
3.) Filling the
order
4.) Clearing
Transactions
Steps
4. Top Payment Gateway In India
1.) CC Avenue
3.) Pay Ubiz
5.) Instamojo
2.) Citrus Pay
4.) EBS
5. Details about payment gateway
CC Avenue
• One of the oldest payment Gateway
• It supports almost every bank and
payment option out there
• It’s one of the most reliable payment
gateways in India
• It also supports multiple currencies
Citrus Pay
• It’s new payment gateway
• It’s well funded company and growing
aggressively in India
• Its documentation process is lengthy
Pay Ubiz and PayUMoney
• PayUbiz focus on enterprises e.g. Snap
Deal.
• PayUMoney is for consumer brand
and provide wallet solution.
• Signing up very easy and can
document be directly on their site for
verification
6. Details about payment gateway
Instamojo
• Super easy to setup
• Don’t require any documentation to being
trial account
• Keep releasing new features
• Best payment gateway for small business
EBS
• Owned by France based
Ingenio group
• It’s a reliable payment
gateway.
8. Most Trustable Survey
Consumer consider CC Avenue
as the most trustable brand
(58.8%) followed by Citirus
(20.9%). Then followed by Pay
Ubiz, EBS, Instamojo
9. Best Practices of Payment Gateway
Types of Payment Gateway
Hosted Integrated
Hosted payment gateways redirect the
customer to the payment processor’s platform.
The security and compliance requirements have
to address by the provider.
An integrated payment gateway connects
directly to the eCommerce website via the API
provided by the gateway. Integrated payment
gateways provide a smooth and seamless
payment experience to the customer since
he/she do not have to leave the website at any
given point in time.
1.) Gateway Choice
10. 2.) Platform
Compatibility
Best Practices of Payment Gateway
• There are separate plug-ins or extensions for
integrating payment gateways to the
platforms. When choosing the gateway,
eTailers need to ensure that it already has a
plugin that can be applied to their technology
platform and that the gateway integrates
effortlessly with their shopping cart.
• If it is not so, there is an additional time investment in identifying off-the-shelf plug-ins
and extensions from the platform to integrate with the payment gateway.
11. 3.) Payment option
and Billing support
Best Practices of Payment Gateway
There are a large number of online payment
methods that are acceptable across the globe.
Along with the established name such as Visa
and Master Card, might be some new or niche
payment options that might be very popular in a
particular geography.
• eTailers need to identify which payment method their target audience prefers and ensure
that those payment methods are supported.
12. 4.) Fees and Contact
Duration
Best Practices of Payment Gateway
When selecting a payment gateway it is vital to
evaluate the gateway fees that have to be borne.
Finding a gateway that has reasonable fees is
essential as sometimes the payment gateways
charge a fee per transactions, or monthly usage
or both.
• This aspect needs to be carefully evaluated since these small numbers can add up to a lot
in the long run. For example, a per-transaction fee or 1% might seem marginal but can
amount to lot in the case of luxury retail.
13. 5.) Security
Best Practices of Payment Gateway
Taking account of the security of a payment
gateways is of foremost importance for any
eCommerce website. The payment gateway
provider should be Level 1 Complaint with the
Payment Card Industry Data Security Standard
(PCI DSS) and complaint with Payment Card
Industry Data Security Standard (PCI DSS)and
also offer built-in security such as tokenization.
They should have proper encryption on all payment pages, have solid authentication
procedure, use API’s to securely post data from the website etc.
14. Setup Fee
FraudandChargebacks
• As e-commerce
expands opportunity
for fraudulent,
misuse of payment
also increases.
• Chargebacks, in
addition to being
costly, can damage
business reputations
Cross-boardertransactions
• Cross-border
payments can be
slow, inefficient, and
expensive, but they
play an important
role in global trade.
Carddatasecurity
• Payment Card
Industry Data
Security Standards
(PCI
DSS) certification is
required for every
merchant or business
accepting credit or
debit cards, online or
off.
Top 5 Challenges in Online Payments
15. Setup Fee
Multi-currencypayment
• Global ecommerce
means accepting a
variety of payment
methods and
currencies. They
help online
merchants compete
in international
markets by allowing
their customers to
pay in their native
currencies.
TechnicalIntegration
• Online payment
systems run the
proprietary gamut
across hardware and
software platforms.
Credit card-affiliated
payment processors,
while more secure,
can be expensive for
online retailers.
Top 5 Challenges in Online Payments
16. Cost Determinants
Setup Fee
• This one-time fee
is paid when you
sign-up for a
payment gateway
initially. The fee
is non-recurring
in nature and is
to be paid
towards payment
gateway
integration
within your e-
commerce web
portal.
Annual/ Monthly
Maintenance
Fees
• You will be
required to pay a
pre-designated
sum of money or
fee every
month/yearly to
the payment
gateway provider
towards
maintenance
charges.
Discount
Rates
• This fee amount
is charged by the
payment gateway
provider for
every transaction
your e-commerce
processes.
17. Factor affecting selection of Payment Gateway
1. Check out the transition fees associated
with a payment gateway. Make sure that it
falls within budget.
2.Evaluate whether the payment gateway
require you to go through a sing-up process. If
yes, then it’s better to avoid such payment
gateways.
3.Look out for payment gateway comes with
multi-currency support, especially when you
want to expand your online business globally.
4. Check out whether your payment gateway
accept credit card, debit card and PayPal
payments.
5. Make sure that the payment gateway does
not require your users to fill up unnecessary
fields and so on.
18. Top Payment Gateway in U.S
Setup Fee
Authorize.net
• Founded in
1996,
Authorize.Net
has come a
long way to
being known as
one of the most
sought-after
payment
gateways.
PayPal
• Though, PayPal
was incepted in
December 1998,
but it was
developed and
launched in 1999.
It’s one of the most
widely-used
payment gateways
that accepts both
credit card or debit
card payments.
SecurePay.com
• This payment
gateway began
operating in August
1997.
SecurePay.com
offers online
shopping cart,
electronic check
services (called as
SecurePay), accepts
mobile payments,
and so on.
19. Top Payment Gateway in U.S
Setup Fee
2Checkout.com,Inc
• 2Checkout.com has
been in business
for 15 years, and
was founded in
1999. It offer
services in 196
countries and
accept payments in
the form of: credit
cards, PayPal, and
debit cards.
FirstData
Corporation
• This is one of the
oldest payment
gateways having 30
years of payments
industry experience
globally. It was
initially incepted in
1969, but started
providing its
transaction
processing services in
1998 in US and
markets worldwide.
BluePay
ProcessingLLC
• Although,
BluePay
Processing is a
new payment
gateway and
started operating
in 2002, but within
a short span of
time has earned
good reputation
among merchants.
20. Top Payment Gateway in U.S
Setup Fee
PaySimple
• Accepting all major
credit cards and e-
checks payments on
your iPhone or iPad,
PaySimple can rightly
be called the new-age
payment gateway. It’s
basic plan starts from
$34.95/mo. According
to experts, PaySimple
is a great payment
gateway for small-and
mid-size online stores.
FastCharge.com
• If you’re a start-up
firm and have a tight
budget, then
Fastcharge.com is
the perfect payment
gateway for you. It
doesn’t require any
setup fee, and only
requires you to pay a
nominal fee of $10
as monthly gateway
fee.
Paynova
• Paynova is a
Swedish payment
processing
service, offering
e-retailers with 21
payment options.
However, you’ll
have to sign-up to
access its services.
It best suits the
need of small-size
online businesses.
22. Reason for payment Failure
Technology Failure
• Due to technological to
‘Session Expiry’ or ‘Timeouts’
and the transaction is forced to
be cancelled.
Down Time
Scheduled or
unscheduled down time
of the issuer, acquirer,
payment gateway or the
merchant leads to
payment failure.
Invalid Data Entry
Online payments require
a lot of manual entry
which is not only time
consuming but also
increases chances of
wrong inputs leading to
failures.
23. Payment failure and Payment Gateway
• When the customer’s transaction fails due to reasons like
wrong card details, incorrect payment option selected,
downtime etc. going through the entire process of filling
the payment details can be tedious and time consuming.
• With our smart retry system, these steps can be avoided
and instead the customer is redirected to an intermediary
page showing the reason of the failure. He gets up to
three attempts to use the same payment option or choose
an alternate payment option to complete the purchase
successfully.
• Retry option helps number of abandoned transactions
and boosts success rate more than 15%
24. Payment failure and Payment Gateway
• Customer transactions can fail due to various
reasons such as expired cards, insufficient
balance, wrong password etc. refilling the
payment details once again can be a time
consuming job.
• With Retry option, a customer will be
directed to an intermediary page, where he
can either choose to continue using the same
payment mode or alternate payment mode to
complete the purchase successfully.
• Retry option helps in arresting abandoned
transactions and further boosting the success
rate by 10-12%.
26. Tips to Prevent Online Credit Card Fraud
Beware of expedited
shipping when billing and
shipping addresses differ
Make sure IP location and
credit card address match up
Watch out for suspicious
email accounts.
Do some research on that
suspect address.
Keep a log of credit card
numbers.
Consider using a fraud
profiling service.
Restrict the number of
declined transactions.
Always require the Security
Code.
Ship your orders using
tracking numbers and require
signatures.
Strengthen your website
security measures.
27. How to make payment process easy
Provide a Number of
Payment Methods
Allow Payments without
Requiring an Account
Deliver a Seamless Design Don’t Redirect PeopleMake Errors Easy to Fix Ask for Essential Information
Only
Provide Reassurances on
Security and Privacy
Keep Distractions to a
Minimum
Have Clear Calls to Action