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When a customer wants to pay with a card over the phone, a virtual terminal allows the person accepting payment (such as a call center agent) to enter the customer's credit card details to process the payment. Unlike when using a regular payment terminal, the presence of the payment card is not required.
Payment Process • eNETS: An online payment gateway for online payments via bank account direct debit. It can be used at merchants such as Singapore government services, airlines bookings, bill payments at AXS online. 2001 [37] • iBanking login details • Hardware token or bank mobile app to authenticate each transaction. No
Red Dot Payment now provides online payment for both e-commerce and hotels. [10] Within the same year, the company closed an investment of $5.2M Series B round [11] [12] Red Dot Payment formed an alliance with e-commerce services companies Shopmatic and iCommerce Asia, to offer services to South-east Asian region's e-commerce market. [13] [14]
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.
In 2010, the People's Bank of China issued administrative measures regarding online non-financial payment services. [9]: 33 These measures retroactively recognized the legal status of online third-party payment platforms like Alipay. [9]: 33 Prior to the 2010 measures, these services existed in a legal grey area. [9]: 32
Creditcall (now NMI) [1] is a payment service provider and payment gateway with offices in the United States and UK, providing credit card authorisation and settlement services to banks and processors in the United Kingdom, United States and Canada.
Online banking and internet payment gateway (IPG): An internet payments platform; Interactive voice response (IVR): helps organizations accept payments through credit and debit card over a phone call; Mobile computing app that enables payment services. The Atom mobile app allows payments through debit and credit cards, IMPS, cash cards, and net ...
Autopass Card is a stored-value smart card that allows paying VEP fees, toll charges and ERP fees in Singapore.The card is sold only to foreign motorists. As vehicle information is encoded in the card, it is not transferable between vehicles.