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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.
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
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November 4, 2015: The acquisition of PAY.ON who provide white-label hosted payment gateway services was completed. [28] February 28, 2019: ACI enters agreement to acquire Speedpay, [29] Western Union's U.S. bill pay business, for $750 million [30]
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