Payment Gateways

E-Commerce Payments

What are E Commerce Payments. E-commerce payments refer to the systems, methods and processes that enable customers and businesses to exchange money for goods or services purchased online.

Instant Payment Notification (IPN)

What is Instant Payment Notification (IPN). Instant payment notification (IPN) is a system used by payment platforms to automatically inform merchants and systems when a transaction event occurs.

Payment Gateway

What is Payment Gateway A payment gateway is a digital service that securely authorizes and processes payments between customers and merchants.

Payment Channel

What is Payment Channel A payment channel is an off-chain mechanism that allows multiple blockchain transactions to occur between two parties without recording each individual transaction on the blockchain.

Unified Payments Platform

Definition and Origin Unified Payments Platform (UPP) is an advanced financial infrastructure designed to streamline and integrate various payment systems into a single, cohesive framework.

Super Billers (SBs)

What is Super Billers Super billers are large-scale organizations that issue, manage and collect an exceptionally high volume of bills and payments on a recurring basis.

Customer’s Payment Journey

What is Customer’s Payment Journey. Customer’s payment journey describes the complete set of steps a customer goes through when paying for a product or service, from the moment they decide to buy to the point they receive confirmation that the payment was successful.