A payment gateway encrypts and transmits customer data; a processor moves funds between accounts. Both are essential for online credit card transactions.

Dallas-based processor TransFirst today began marketing a Web-based payments-processing engine that was developed by a company it acquired a year ago and is currently being used by 3,500 merchants.

A virtual terminal is especially valuable in industries or situations where in-person card processing isn’t practical, such as handling reservation deposits, accepting donations, and over-the-phone ...

Accepting credit cards requires a payment processor like Square or Stripe, a merchant account, and hardware like POS ...

As consumer preference for eCommerce increases, thanks to the convenience that shopping online offers, the global digital payment industry is seeing increased growth. This presents eCommerce ...