Payment Gateway Vendors

Payment Gateway Vendors

Improve control process and ensure organizations do not pay excess or make erroneous payments to vendor accounts Collective Payment Gateway focuses on the following industry verticals and can also be extended further depending on the requirements Government ministries Government agencies Large scale enterprises Please contact our consultants at + 3 8994 4887 or email us at This email address is being protected from spambots. We’ve put together this payment gateway comparison chart to examine each type of payment gateway, from monthly fees to most popular features. If your website doesn’t accept your customer’s preferred payment method, you will lose sales.

How Does a Payment Gateway Work? Payment Gateways are software and servers that transmit Transaction information to Acquiring Banks and responses from Issuing Banks (such as whether a transaction is approved or declined). Essentially, Payment Gateways facilitate communication within banks. Submitting an order is usually completed using HTTPS protocol, which securely communicates personal information through the parties involved in the Transaction. BizGov® GCMS ™ Our solution provides government a comprehensive mechanism to deliver high precision programs in addressing citizen needs through the use of data analysis and technology. You need JavaScript enabled to view it. Find out more

Payment Gateway Vendors

Collective Payment Gateway AccelTeam’s Collective Payment Gateway solution provides users with the ability to administer, manage, reconcile and integrate the payment management system to their existing financial systems and at the same time, provide analytical reports. //  for further information about our solution.

AccelTeam’s Collective Payment Gateway solution provides users with the ability to administer, manage, reconcile and integrate the payment management system to their existing financial systems and at the same time, provide analytical reports. For additional information, review our 4 Major Factors and Fee Considerations for selecting a payment gateway.

There is a huge number of online payment methods in use around the world, from the well-known and well-established Visa and MasterCard to very niche payment methods used in just one or two countries. Security is an integral component of all payment gateways, as sensitive data such as Credit Card Numbers need to be protected from any fraudulent parties. Improve control process and ensure organizations do not pay excess or make erroneous payments to vendor accounts Collective Payment Gateway focuses on the following industry verticals and can also be extended further depending on the requirements Government ministries Government agencies Large scale enterprises Please contact our consultants at + 3 8994 4887 or email us at This email address is being protected from spambots. Many Payment Providers, such as 2Checkout, enable Merchants with added options when a cardholder purchases a service or product. Make sure you understand which payment methods people in your target market like to use and choose a payment gateway with support for those methods. There is no need for merchants to negotiate transaction prices or contract with the financial institution that processes the payment method (the Acquirers). This set of rules and security standards is called the Payment Card Industry Data Security Standard (PCI-DSS or PCI). Reduce manpower needed to perform multiple level of data entry for collective payment initiative. For more information, read “The Payments System Simplified” View White Paper How Does a Payment Gateway Work? Payment Gateways are software and servers that transmit Transaction information to Acquiring Banks and responses from Issuing Banks (such as whether a transaction is approved or declined). Speed up the payment processing time which leads to reduction or elimination of late payment penalty. //  for further information about our solution.

Payment Gateway Vendors

What is a Payment Gateway? pay – ment gate – way noun Any software that facilitates the communication of Transaction information. Collective Payment Gateway AccelTeam’s Collective Payment Gateway solution provides users with the ability to administer, manage, reconcile and integrate the payment management system to their existing financial systems and at the same time, provide analytical reports. Reduce manpower needed to perform multiple level of data entry for collective payment initiative. Speed up the payment processing time which leads to reduction or elimination of late payment penalty. Especially for merchants offering only few payment options and prefer not to contract with payment method companies (financial institutions, banks), Aggregators can help. Aside from providing the ability for real-time transactions, these providers can help to translate currencies between two parties in different countries, as well as bridge language and payment methods. This set of rules and security standards is called the Payment Card Industry Data Security Standard (PCI-DSS or PCI). Benefits: Provide an integrated collective payment system so enterprise, organizations and government bodies no longer need to manually handle multiple payment vendors. Security is an integral component of all payment gateways, as sensitive data such as Credit Card Numbers need to be protected from any fraudulent parties. Payment gateways usually charge those who use them a per transaction fee.

Choosing the right payment gateway for your online business is an important but confusing task. Improve control process and ensure organizations do not pay excess or make erroneous payments to vendor accounts Collective Payment Gateway focuses on the following industry verticals and can also be extended further depending on the requirements Government ministries Government agencies Large scale enterprises Please contact our consultants at + 3 8994 4887 or email us at This email address is being protected from spambots. The card associations have created a set of rules and security standards which must be followed by anyone with access to card information including gateways. Payment gateways usually charge those who use them a per transaction fee.

Payment Gateway Vendors

Aggregating Payment Service Providers take over the technical burden for ecommerce merchants to accept payments, collect the funds for several payment methods and contract with the individual ‘payment methods’. The difference with Distributors is that Aggregators also collect funds, settle the merchant’s bank account and negotiate the terms with the payment method company. Essentially, Payment Gateways facilitate communication within banks. Benefits: Provide an integrated collective payment system so enterprise, organizations and government bodies no longer need to manually handle multiple payment vendors. You need JavaScript enabled to view it. Aside from providing the ability for real-time transactions, these providers can help to translate currencies between two parties in different countries, as well as bridge language and payment methods. Each payment gateway supports some of these payment methods. Reduce manpower needed to perform multiple level of data entry for collective payment initiative. The card associations have created a set of rules and security standards which must be followed by anyone with access to card information including gateways. The difference with Collectors is that Aggregators contract with the payment method company on behalf of multiple merchants. Find out more BizoDe® SaaS It is based on a service-delivery model, offering hosted applications for access and is utilized by companies with minimum lag time on a subscription basis or pay-as-you go basis. //  for further information about our solution. There are many things to consider like fees, recurring billing, and even currency support. Speed up the payment processing time which leads to reduction or elimination of late payment penalty. Many Payment Providers, such as 2Checkout, enable Merchants with added options when a cardholder purchases a service or product. You need JavaScript enabled to view it. Find out more BizoDe® Analytics Our industry-focused framework that empowers organizations with the ability to perform detailed analysis with a shorter timeframe to obtain key insights into their business environment, enabling decision makers to improve business outcomes and manage risk. Submitting an order is usually completed using HTTPS protocol, which securely communicates personal information through the parties involved in the Transaction. Benefits: Provide an integrated collective payment system so enterprise, organizations and government bodies no longer need to manually handle multiple payment vendors.

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