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2. Payment gateway - Wikipedia

   en.wikipedia.org/wiki/Payment_gateway

   The payment processor forwards the response to the payment gateway, who forwards it to the website. The entire process typically takes 2–3 seconds. [3] The merchant then fulfills the order and the above process can be repeated but this time to "clear" the authorization by consummating (e.g. fulfilling) the transaction.

3. List of online payment service providers - Wikipedia

   en.wikipedia.org/wiki/List_of_online_payment...

   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

4. E-commerce payment system - Wikipedia

   en.wikipedia.org/wiki/E-commerce_payment_system

   There are varied types of electronic payment methods such as online credit card transactions, e-wallets, e-cash and wireless payment system. [5] Credit cards constitute a popular method of online payment but can be expensive for the merchant to accept because of transaction fees primarily. Debit cards constitute an excellent alternative with ...

5. Payment service provider - Wikipedia

   en.wikipedia.org/wiki/Payment_service_provider

   A payment service provider (PSP) is a third-party company that allows businesses to accept electronic payments, such as credit card and debit card payments. PSPs act as intermediaries between those who make payments, i.e. consumers, and those who accept them, i.e. retailers.

6. Square (financial services) - Wikipedia

   en.wikipedia.org/wiki/Square_(financial_services)

   In February 2024, Block reported that its Square segment processed payments worth US$209.6 billion, while generating $7.03 billion in revenue and $3.13 billion in gross profit, for the year 2023. [8] In May 2024, Square was found to be the market leader in point-of-sale systems for small businesses.

7. Instant payment notification - Wikipedia

   en.wikipedia.org/wiki/Instant_Payment_Notification

   IPN messages can represent payment success or failures, order transaction status changes, accounting ledger information and many others depending on the payment gateway. [1] The payments industry is an evolving market, technology like IPN and instant payment are now used in the retail market and in the domestic sphere, but they are expected to ...