Elavon: The Payment Processing Giant
Elavon is a global payment processing company that provides businesses of all sizes with the tools they need to process payments securely and efficiently. Founded in 1991 as NOVA Information Systems, the company rebranded as Elavon in 2001 and has since become one of the largest payment processing companies in the world. With headquarters in […]
Payment Gateway: A Beginner’s Guide to Online Payment Processing
If you’ve ever bought something online, you’ve probably used a payment gateway. But what exactly is a payment gateway? A payment gateway is a software application that facilitates the transfer of funds from a customer’s bank account or credit card to a merchant’s bank account. Payment gateways are an essential part of e-commerce and online […]
What is Payworks
Payworks is a company that creates software development kits and solutions that enable payment processing through various point-of-sale (POS) devices. This means that they make it easy for businesses to accept card payments using their own software and devices like card readers, tablets, and smartphones. Payworks was founded in 2012 and is based in Munich, […]
What is Authorize.net
Authorize.net is a well-known payment gateway company that has been providing secure online payment solutions for businesses since 1996. The company is headquartered in San Francisco, California, and offers a range of payment options, including credit card processing, e-checks, and digital wallet payments. Key Advantages One of the key advantages of using Authorize.net is that […]
Alipay: The Leading Digital Payment Solution in China
In the rapidly evolving digital world, the payment system has undergone a significant transformation. In the past, people used to carry cash for buying goods and services. However, with the advent of digital payment solutions like Alipay, it has become easier and more convenient to make payments for goods and services without having to carry […]
WeChat Pay: The Revolutionary Payment System
In the ever-evolving world of finance, digital payment systems have become an indispensable tool for people around the world. One such system that has gained immense popularity in recent years is WeChat Pay, the payment system integrated into China’s most popular messaging app, WeChat. The story of WeChat Pay Launched in 2013 by Tencent, WeChat […]
What is China UnionPay
China UnionPay, also known as UnionPay, is a Chinese financial services corporation that was founded in 2002. It is the largest card payment organization in the world, with over 7 billion UnionPay cards issued globally. UnionPay’s mission is to provide a safe, convenient, and efficient payment platform for users around the world. History UnionPay’s history […]
What is American Expres
American Express, commonly referred to as Amex, is a globally recognized financial services company offering a wide range of products and services to customers around the world. The company has a rich history dating back to the mid-19th century, starting as an express delivery company that transported freight and valuables across the United States via […]
Different Card Schemes
Visa Visa is one of the largest payment networks in the world. It processes transactions between merchants and cardholders using Visa-branded cards. Visa cards are accepted in more than 200 countries and territories around the world. The company offers a range of products and services to its customers, including credit, debit, and prepaid cards. Mastercard […]
What is MasterCard
Mastercard is a global payments technology company that connects consumers, businesses, and financial institutions around the world. Founded in 1966 as Interbank Card Association, the company has come a long way and is now one of the most trusted and widely used payment methods across the globe. Over the years, Mastercard has achieved a lot, […]