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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
Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account.
Here is a simplified overview of how PAPSS works [9]. A company issues a payment instrument to their local bank or payment service provider; The payment instruction is sent to PAPSS through the country's central bank and routes it to the beneficiary bank account
Chase Paymentech is an American payment service provider and merchant acquiring business that is part of JPMorgan Chase. Paymentech payment platforms supports businesses to process payments. In addition to its payment services the company provides associated business services such as analytics, payment fraud detection, and data security. [1]
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Google Pay (formerly Android Pay) is a mobile payment service developed by Google to power in-app, online, and in-person contactless purchases on mobile devices, enabling users to make payments with Android phones, tablets, or watches. Users can authenticate via a PIN, passcode, or biometrics such as 3D face scanning or fingerprint recognition.
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MoneyGram was formed in 1988 as a subsidiary of Integrated Payment Systems Inc. [13] [14] [15] Integrated Payment Systems was a subsidiary of First Data Corporation, which was itself a subsidiary of American Express. [9] In 1992, First Data was spun off from American Express and publicly traded on the New York Stock Exchange.