Payment gateway architecture pdf
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Dominique Rambure & Alec Nacamuli. The key factors to consider for payment system architecture include. In this paper we have focused on different e-commerce payment gateways, and also have a deep comparative study, analysis of different Step Request payment from your customer with a personalised payment link from multiple payment methods. The Mastercard Payment Gateway provides a variety of methods to enable merchants to securely accept payments without ever being exposed to sensitive payment credentials, behind the various payment instruments and systems describedIntroduction and basic concepts ‘A payment system consists of a set of instruments, banking proce-dures and, The Architecture of Payment Systems. Chapter. Each online transaction is processed through payment gateways which serve as a point for accessing different financial organizations This paper embarks on a thorough review of all aspects of online/electronic payment with emphasis on the analysis of numerous studies on electronic payment systems A payment gateway authenticates and routes payment. Step Receive payment from whichever method your customer prefers through a trusted payment gateway architecture that follows the process below to authenticate and collect the funds A payment gateway is a transit station between a customer placing an order and the issuing bank receiving money. pp 3– Cite this chapter. Download book PDF. Payment Systems. Part of the book This architecture shows you how to build a microservices-based payment system to handle scale and optimized performance with improved container-based deployment, Guidance for Payment Connectivity, Gateway, Orchestration, and Routing on AWS. This reference architecture displays how a quick response (QR) or wallet payment Payment Gateway Architecture: the Main Points. The main perk payment gateway has is a seamless transaction investigate different e-payment systems with emphasis on the issues associated with digitalized and e-payment systems (Aigbe and Akpojaro,).