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A payment processor is in charge of facilitating the transaction, whereas a payment gateway acts as the bridge between your merchant account and the customer’s bank account.
The following is a list of notable online payment service providers and payment gateway providing companies, their platform base and the countries they offer services in: (POS -- Point of Sale ) Company
When a customer orders a product from a payment gateway-enabled merchant, the payment gateway performs a variety of tasks to process the transaction. [2] [failed verification] The order is placed. The payment gateway may allow transaction data to be sent directly from the customer's browser to the gateway, bypassing the merchant's systems.
Authorize.Net is a United States–based payment gateway service provider, allowing merchants to accept credit card and electronic check payments through their website and over an Internet Protocol (IP) connection. Founded in 1996 as Authorize.Net, Inc., the company is now a subsidiary of Visa Inc.
Bring the name of the company or person you want to pay, your account number and cash or debit card to pay for the transaction. If they’re in the network, you can send a payment. 11.
Alternatives to Using Checking Account Numbers as Payment. If you want to pay for an online purchase with your checking account number but a store doesn’t allow it, here are a couple of workarounds.
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