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The payment card industry consists of all the organizations which store, process and transmit cardholder data, most notably for debit cards and credit cards.The security standards are developed by the Payment Card Industry Security Standards Council which develops the Payment Card Industry Data Security Standards used throughout the industry.
The following is a list of notable online payment service providers and payment gateway providing companies, ... First Data: POS: United States: Fortumo: Online, mobile:
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.
Data logging can be achieved with transaction groups or SQLTags History. Store-and-Forward is an engine that buffers SQL database writes to memory and caches them to a local disk when an external database connection is unavailable. Upon reconnection the data is forwarded to the server in aggregated time-efficient batches. [8]
In the 1980s, A.R. Wright began allowing trucks to fuel up without having to pay an attendant by using a post-paid fuel card, leading to the creation of Wright Express Corporation in 1983. [4] SafeCard purchased Wright Express Corp. in 1994. [5] On February 20, 1996, CUC International acquired SafeCard (now renamed to Ideon) for $375 million. [6]
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. [1]
Gas credit cards are available as private label cards for specific gas brands or as co-branded cards that are issued by banks and carry the logo of a payment network (such as MasterCard or Visa).
Multi-Service Technology Solutions (acquired 2012): A B2B fuel card and payment company that managed the AIR & SEA Card for the Department of Defense. [11] U.S. Energy Services (acquired 2013): Allowed World Kinect to expand into natural gas, power, and energy management. [12]