Payment Gateway Business News

By: PayGate Credit Card Payment Gateway  11-24-2009
Keywords: 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 and applications.

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.

Keywords: Payment Gateway

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