Payment Gateway Integration services is a service offered by payment gateway service providers that allows secure funds transfer from users on your website to your merchant account. The entire transaction is fast, reliable and secure.
Let's look how the entire transaction is done
- The customer places an order with their credit card through any type of point-of-sale; shopping cart, retail store, wireless PDA etc
- The merchant submits CC information on behalf of customer via secure connection to payment gateway
- Payment gateway passes this transaction information to merchant's bank's processor via secure connection, which in turn is passed to CCI (Credit Card Interchange - an entity that handles CC settlement process)
- That information is passed to Customer's Credit Card Issuer to verify card and if funds are available
- Approval or Decline response sent back to customer and/or merchant via same transaction channel to in secure format
- If funds are available and approved, merchant accomplishes the customer's placed order and it's respective funds are credited to merchant's bank accounts via CCI
Payment Gateway Solutions
The popular payment gateway service providers are
Paypal
For more information: http://www.Paypal.com
Paypal Pro
For more information: https://www.paypal.com/cgi-bin/webscr?cmd=_wp-pro-overview-outside
Authorize.net
For more information: http://www.authorize.net/
Verisign - Payflow
For more information: http://www.verisign.com/products-services/payment-processing/
LinkPoint
For more information: http://www.linkpoint.com
Paymentsgateway.net
For more information: https://www.paymentsgateway.net/
Worldpay
For more information: http://www.worldpay.com
And Many More..... |
