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Card networks must maintain them properly and pay for fraud prevention tech (dataencryption, tokenization, real-time tracking, etc.). To improve the payment experience for consumers, card networks must innovate and incorporate the latest technologies. Swipe fees fund these initiatives and cover the maintenance costs.
A payment gateway for online gaming plays a critical role in ensuring fast, secure, and seamless transactions. Here’s how it works: Encryption & Secure Transmission: The payment gateway encrypts the player’s payment details and securely transmits them to the payment processor.
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