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Looking for the Best Payment Gateway? Here’s How to Choose the Right One

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Credit and debit cards, digital wallets , ACH transfers , and other digital payments have become the norm. To accept electronic payment methods fast and securely, you need a payment gateway. Its the bridge between your customers preferred payment methods and business cash flow.

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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. We look forward to continuing our collaboration to bring advanced payment solutions to the Bangladesh market.”

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Credit Card Payment Integration: How to Integrate Payments into Your Website and Point of Sale

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TL;DR Online payments rely on API or hosted gateways with encryption and fraud detection, while in-store transactions require POS hardware with EMV chip technology and NFC capabilities. Need to integrate payments? The data is then submitted to a payment processor, which directs the payment to a credit card interchange.

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All You Need to Know About Internet Credit Card Payment Processing

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To accept online payments, you need a payment processor and payment gateway. The payment processor is a financial institution that handles transactions between the two banks. Think of the gateway as the online equivalent of a card reader or point of sale (POS) system in a brick-and-mortar store.

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What is a Payment Gateway and How Does It Work?

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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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Credit Card Processing for Small Business: Everything You Need to Know

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TL;DR Credit card payment processing encompasses the series of activities that enable your small business to accept credit card payments from customers and facilitate the transfers of relevant funds from the buyer’s bank account to your business account. The payment could also be made via digital means.

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What is a Payment Processing System and How Does It Work?

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It ensures the secure transfer of funds from a customer to a merchant via their preferred payment method. A typical payment processing procedure involves multiple parties, including the merchant, customer, payment processor, payment gateway, issuing bank, acquiring bank, and card networks.

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