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WebSocket is a computer communications protocol, providing a simultaneous two-way communication channel over a single Transmission Control Protocol (TCP) connection. The WebSocket protocol was standardized by the IETF as RFC 6455 in 2011. The current specification allowing web applications to use this protocol is known as WebSockets. [1]
Unix domain socket. In client-server computing, a Unix domain socket is a Berkeley socket that allows data to be exchanged between two processes executing on the same Unix or Unix-like host computer. [1] This is similar to an Internet domain socket that allows data to be exchanged between two processes executing on different host computers.
eBay, PayPal, Kijiji and StubHub, 500 King Street West, Toronto, April 2014. PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers; it serves as an electronic alternative to traditional paper methods such as checks and money orders.
Payment processor. A payment processor is a system that enables financial transactions, commonly employed by a merchant, to handle transactions with customers from various channels such as credit cards and debit cards or bank accounts. They are usually broken down into two types: front-end and back-end. Front-end processors have connections to ...
A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payment processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. [1] The payment gateway may be provided by a bank to its customers, but can be provided by a specialised ...
Time period. Key developments at PayPal. January 1999 – March 2000. The two companies, Confinity and X.com, that will eventually merge to become PayPal, launch separately and build competing financial products. The first iteration of the PayPal product is released by Confinity in later 1999. March 2000 – July 2002.
A computer network diagram of clients communicating with a server via the Internet. The client–server model is a distributed application structure that partitions tasks or workloads between the providers of a resource or service, called servers, and service requesters, called clients. [1] Often clients and servers communicate over a computer ...
Transport Layer Security (TLS) is a cryptographic protocol designed to provide communications security over a computer network, such as the Internet. The protocol is widely used in applications such as email, instant messaging, and voice over IP, but its use in securing HTTPS remains the most publicly visible. The TLS protocol aims primarily to ...