A payment gateway encrypts and transmits customer data; a processor moves funds between accounts. Both are essential for online credit card transactions.
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Global merchant payment processing and acquiring net revenue surpassed $91 billion in 2023, and is on pace to exceed $171 billion by 2030, according to S&P Global Market Intelligence’s 451 Research.
Online payment processing is the process of accepting electronic payments from customers through a website or other online platform. The process generally involves several steps: Customer enters ...
The competition between incumbents and new entrants is providing merchants with an overwhelming amount of choice in processing, according to Alex Ferguson, product manager at Omaha, Nebraska-based ...
Mobile credit card payment processing apps for Android include PayPal, Square, SumUp, QuickBooks and Shopify, offering varied ...
Forbes contributors publish independent expert analyses and insights. I cover digital transformation in payments and financial services Multi-processor payment architectures are becoming more ...