Payment Gateway Business News
PayGate Credit Card Payment Gateway
Very exciting developments going on internationally in the payment
gateway industry environment. The payment gateway industry is
consistently evolving and PayGate are pioneers in Africa for a number
of payment solutions and payment related business processes and
functionality to rival any payment gateway in the world.
Recent payment solution developments are coming on stream at a rate of
knots and banks, cellphone companies, mobile networks Visa, Master
Card, American Express and Diners are all buying into a piece of the
action - building proprietary payment solution systems and buying into
start-ups who have developed ground breaking payment solutions that
will help merchants get paid on the internet and via mobile.
Hot topics such as debit card on the internet, micropayment solutions
linked to mobile, American Express has bought Revolution Money, a
two-year old start-up and apparently similar to PayPal in online
payments. Visa has built and opened up a new US data centre, and Frost & Sullivan say that mobile
money is set to take off in Europe.
This is all good news for a payment gateway who is in the thick of it
as an enabling internet payment solution provider. Nick Ogden who
sold his company WorldPay wants to buy it back from Royal Bank of
Scotland to take his early learned payment gateway IP to the next
level. Although it doesn't yet help any of us in Africa, PayPal has
opened up its platform to third party developers and payment gateways,
making it easier to integrate the payment system with other Web sites
Another requirement in these days of high credit card fraud, is
Amazon's recent launch of 'PayPhrase' for online payment whereby
customers complete purchases by typing in a short, unique phrase and
PIN to check out.
Well, that's a smidgeon of what is happening in the internet payment
solutions payment gateway industry So if you are looking for a payment
gateway who knows what's going on and is going to serve you reliably
while you grow your e-commerce internet business, then get hold of
PayGate now. PayGate payment gateway can provide you a single
interface to a variety of internet and mobile payment solutions that
will help you to grow your business locally, in Africa and
internationally. Your gateway to internet payment solutions.