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Payment Facilitator vs Payment Gateway: Key Differences and Similarities

Stax

In this article, we’ll dive into the intricacies of two types of players in the eCommerce ecosystem: payment gateways and payment facilitators. The high-level difference is when and how to deploy them as part of the payment process. What is a Payment Gateway? This is the payment gateway.

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What is a Payment Gateway and How Does It Work?

Stax

A payment gateway is a must-have for online stores. In fact, research from 2023 shows that 69% of Americans said they’ve used a digital payment method in the past 3 months when making a purchase. And the best way for online businesses to start accepting payments is with a payment gateway.

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Mutual Trust Bank Implements New Payment Gateway to Enhance E-Commerce Acquiring Capabilities

The Fintech Times

Bangladesh-based bank, Mutual Trust Bank PLC , has successfully migrated its e-commerce acquiring services to a payment gateway from UK-based paytech Compass Plus Technologies. The post Mutual Trust Bank Implements New Payment Gateway to Enhance E-Commerce Acquiring Capabilities appeared first on The Fintech Times.

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7 Reasons to Cash-in this Holiday Season with FSS Payment Gateway

Payments Dive

FSS Payment Gateway powers online holiday sales for leading acquirers and merchants globally.

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How Payment Gateway APIs Work and Code Examples

Clearly Payments

Any modern payment gateway has a robust set of APIs (Application Programming Interfaces), along with clear documentation. These APIs allow mobile apps, websites, software platforms, and other devices to seamlessly call the payment gateway to conduct transactions and retrieve or send data. What is a Payment Gateway API?

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EVO Payments acquires payment gateway Anderson Zaks

The Paypers

US-based payments company EVO Payments has announced the acquisition of Anderson Zaks , an UK-based omnichannel payment gateway.

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Harbour & Hills Takeover Opens B2B Payments Gateway To China

PYMNTS

With a move that opens a B2B payment gateway to China , Harbour & Hills (H&H) Financial Services Limited said it has acquired a controlling stake in Global Envoi Limited (GEL). The arrangement provides H&H with a unique channel to facilitate payments to the country, according to an announcement from the company.