What is payment gateway?

[ad_1] A payment gateway is the equivalent of a point of sale terminal found in retail stores. It can authorize payments for a myriad of businesses including online stores and businesses and brick and mortar stores. It is a service that acts as an intermediary between the shopping cart, the merchant, and the financial institutions. … Read more

Indian Credit Card Industry – On The Way To Unbound…

[ad_1] Soon you will not have to carry your plastic money for your payment purposes as your mobile number will act as a credit card number. Recently, the Reserve Bank of India (RBI) informed in its annual policy statement that it was in the process of formulating guidelines for payment systems using mobile phones. RBI … Read more