CIOAdvisor Apac

  • Home
  • Conference
  • Newsletter
  • Whitepapers
  • News
  • Subscribe
  • About Us
  • Specials

  • Menu
      • Ad Management
      • Application Security Testing
      • Artificial Intelligence
      • BPO
      • Contact Center
      • Data Analytics
      • Digital Marketing
      • Disinfection and Sanitization
      • E-Invoicing
      • Ecommerce
      • Govt Tech
      • HubSpot
      • Human Resource
      • ICT
      • IoT
      • Laser and Photonics
      • Leadership Development
      • Logistics
      • Machine Learning
      • Marketing Technology
      • Mobile Application
      • Parking Management
      • Payment And Card
      • SDN
      • Telecom
  • BPO
  • Data Analytics
  • Leadership Development
  • Mobile Application
  • Payment And Card
  • Artificial Intelligence
Specials
  • Specials

  • Ad Management
  • Application Security Testing
  • Artificial Intelligence
  • BPO
  • Contact Center
  • Data Analytics
  • Digital Marketing
  • Disinfection and Sanitization
  • E-Invoicing
  • Ecommerce
  • Govt Tech
  • HubSpot
  • Human Resource
  • ICT
  • IoT
  • Laser and Photonics
  • Leadership Development
  • Logistics
  • Machine Learning
  • Marketing Technology
  • Mobile Application
  • Parking Management
  • Payment And Card
  • SDN
  • Telecom
×
#

CIO Advisor APAC Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from CIO Advisor APAC

Subscribe

loading
  • Home
  • News
Editor's Pick (1 - 4 of 8)
left
2020: The State of IT Spending and What This Means for Businesses

Mohan Veloo, Vice President,Technology, F5 Networks [NASDAQ: FFIV]

Agile Banking Powered by Fintech

Henry Ma, EVP & CIO, WeBank

Borderless World of Payment with Blockchain

Prasanna Lohar, Chief Innovation Officer, DCB Bank

IT Simplifying the Residual Payment Process

Daniel Inukai, CIO, SAG-AFTRA

Building a Local Technology Team

Chris Cawood, CIO, OceanaGold Corporation

Digital with a human touch: Technology is rewriting the rulebook for human interaction

Michael Gorriz, Group CIO, Standard Chartered Bank

Automation Helps IT be a Valuable Business Partner

Sandy Figurski, CIO, Horace Mann

Ways to Take Friction Out of Cross-border Transfers

David Thompson, EVP, Global Operations & Technology & CIO, Western Union

right

THANK YOU FOR SUBSCRIBING

5 Benefits of Using Payment Gateway Software

By CIOAdvisor Apac | Saturday, December 26, 2020
Tweet

Bundling payment gateway software with a merchant account will be the ideal payment solution for businesses.

FREMONT, CA: In today’s cybercrime world, online businesses need to process payments in a secure and reliable method. Although the details are more complicated, this is where payment gateway software comes to the rescue. A payment gateway software is an application that works as an interface between a seller’s website and a customer’s bank that will process the credit or debit card transaction. Here is more about the benefits of using payment gateway software.

Virtual Terminal

A virtual terminal is a cyber version of a brick-and-mortar store’s physical terminal. Without this interface, customers cannot enter their credit card details and make purchases. Besides computer websites, virtual terminals can set up for mobile devices, including both phones and tablets. A virtual terminal could also be leveraged in a physical location by linking a small credit card reader to a USB cable computer.

Encryption and Tokenization

top payment and card solution companies

 

As cybercrime becomes a more daunting problem to solve, payment gateway software applications provide the ability to encrypt and tokenize data. This makes data more secure, and the sensitive information falls into the wrong hands, it cannot be misused.

Check This Out: Top Payment and Card Solution Companies

Storage of Payment Information

A great service that e-commerce sites can provide their repeat customers is storing payment data so that they don’t have to re-enter their details every time they make a purchase. With payment gateway software, buyers can store cards at a single site and choose anyone. Multiple addresses can be saved too. These sensitive data are encrypted and stored separately from the e-commerce site.

PCI Compliant

Because a payment gateway resides on a different server than the one, the e-commerce site uses, online merchants, don’t have to manage secure networks to comply with Payment Card Industry (PCI) standards.

Quickbook and Customization

Many payment gateways today are compatible with Quickbooks. It helps online businesses rapidly transfer data into the accounting software, a process that would take much longer with older technology. Payment gateway software usually offers multiple application program interfaces (APIs). These supplemental software packages can customize a particular payment gateway.

tag

Storage

Featured Vendors

  • MVI Technologies: Innovative, Future-proof Financial and Payment Switching
    MVI Technologies: Innovative, Future-proof Financial and Payment Switching
  • Dell Technologies: Transforming the Present for the Future
    Dell Technologies: Transforming the Present for the Future
  • SAP Litmos: Where Learning Innovation is The Name of The Game
    SAP Litmos: Where Learning Innovation is The Name of The Game
  • Unis WDC: High-Performance Intelligent Storage Solutions
    Unis WDC: High-Performance Intelligent Storage Solutions
ON THE DECK

SDN 2020

Top Vendors

Telecom 2020

Top Vendors

Previous Next

Read Also

The Role of AI in Recurring Payment Processing

The Role of AI in Recurring Payment Processing

Why is Leadership Development More Important than Ever?

Why is Leadership Development More Important than Ever?

A Look at Key Machine Learning Developments of 2021

A Look at Key Machine Learning Developments of 2021

3 Essential Skills for Data Analytics

3 Essential Skills for Data Analytics

How Technology Can Be Employed to Empower Leadership

How Technology Can Be Employed to Empower Leadership

PlanetSpark Innovation Centre to Allow Tech Startups Achieve Market Deployment

PlanetSpark Innovation Centre to Allow Tech Startups Achieve Market Deployment

Loading...

I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

Copyright © 2021 CIO Advisorapac. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy |  Sitemap

follow on linkedinfollow on twitter
This content is copyright protected

However, if you would like to share the information in this article, you may use the link below:

https://www.cioadvisorapac.com/news/5-benefits-of-using-payment-gateway-software-nwid-2391.html