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2. Payment gateway - Wikipedia

   en.wikipedia.org/wiki/Payment_gateway

   A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payment processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. [1] The payment gateway may be provided by a bank to its customers, but can be provided by a specialised financial service provider as a separate service ...

3. Payment processor - Wikipedia

   en.wikipedia.org/wiki/Payment_processor

   A payment processor is a system that enables financial transactions, commonly employed by a merchant, to handle transactions with customers from various channels such as credit cards and debit cards or bank accounts. They are usually broken down into two types: front-end and back-end. Front-end processors have connections to various card ...

4. Merchant account - Wikipedia

   en.wikipedia.org/wiki/Merchant_account

   A high-risk merchant account is a business account or merchant account that allows the business to accept online payments though they are considered to be of high-risk nature by the banks and credit card processors. The industries that possess this account are adult industry, travel, Forex trading business, multilevel marketing business.

5. Stripe, Inc. - Wikipedia

   en.wikipedia.org/wiki/Stripe,_Inc.

   Stripe, Inc. Stripe, Inc. is an Irish-American multinational financial services and software as a service (SaaS) company dual-headquartered in South San Francisco, California, United States and Dublin, Ireland. [3] [4] The company primarily offers payment-processing software and application programming interfaces for e-commerce websites and ...

6. E-commerce payment system - Wikipedia

   en.wikipedia.org/wiki/E-commerce_payment_system

   There are varied types of electronic payment methods such as online credit card transactions, e-wallets, e-cash and wireless payment system. [5] Credit cards constitute a popular method of online payment but can be expensive for the merchant to accept because of transaction fees primarily.

7. How to make payments with your phone - AOL

   www.aol.com/finance/payments-phone-164336000.html

   When you swipe, tap or insert your credit or debit card into a standard credit card terminal, the card reader collects the information stored on your card and uses it to complete the transaction.