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  2. Virtual terminal (payment processing) - Wikipedia

    en.wikipedia.org/wiki/Virtual_terminal_(payment...

    A virtual terminal is a software application (often a web application) for merchants which allows them to accept payment with a payment card, specifically a credit card, without requiring the physical presence of the card (“card not present transaction”).

  3. Payment gateway - Wikipedia

    en.wikipedia.org/wiki/Payment_gateway

    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.

  4. Payment terminal - Wikipedia

    en.wikipedia.org/wiki/Payment_terminal

    PAX Technology S90 credit card terminal with a Visa card inserted.. A payment terminal, also known as a point of sale (POS) terminal, credit card machine, card reader, PIN pad, EFTPOS terminal (or by the older term as PDQ terminal which stands for "Process Data Quickly" [1]), is a device which interfaces with payment cards to make electronic funds transfers.

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  6. Merchant account - Wikipedia

    en.wikipedia.org/wiki/Merchant_account

    A payment gateway is an e-commerce service that authorizes payments for e-businesses and online retailers. It is the equivalent of a physical POS (point-of-sale) terminal located in most retail outlets. A merchant account provider is typically a separate company from the payment gateway. Some merchant account providers have their own payment ...

  7. Paytm - Wikipedia

    en.wikipedia.org/wiki/Paytm

    The company offers mobile payment services to consumers and enables merchants to receive payments through QR code payment, Soundbox, Android-based-payment terminal, and online payment gateway. [5] In partnership with financial institutions, Paytm also offers financial services such as microcredit and buy now, pay later to its consumers and ...

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