Online Payment
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Payment Service Provider - A Payment Service Provider (PSP) offers merchants online services for accepting electronic payments by credit card or other payment methods such as payments based on online banking.
Payment Services Providers - A Payment Service Provider (PSP) offers merchants online services for accepting electronic payments by credit card or other payment methods such as payments based on online banking.
Electronic bill payment - Electronic bill payment is a feature of online banking, similar in its effect to a giro, allowing a depositor to send money from his demand account to a creditor or vendor such as a public utility or a department store to be credited against a specific account. The payment is optimally executed electronically in real time, though some financial institutions or payment services will wait until the next business day to send out the payment.
Payment gateway - A Payment Gateway is an e-commerce service that authorizes payments for e-businesses and online retailers. It is the equivelent of a physical POS (Point-of-sale) terminal located in most retail outlets.
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