Archive for Payment Gateway
With effect from 1st March, 2011 PayPal requires its Indian Merchat to comply with the new policies as per instructions from the Reserve Bank of India.. For Indian Merchants Any balance in and all future payments into your PayPal account may not be used to buy goods or services and must be transferred to your [...]
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In accordance with regulatory instructions, there will be a change in PayPal's withdrawal functionality in India starting on August 1, 2010. At present, you can request for either an electronic or cheque withdrawal of funds from your PayPal account. From July 29, 2010 onwards, you will only be able to request for a cheque withdrawal of funds from your PayPal account.
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What are Internet Payment Gateways? A payment gateway is an e-commerce application service provider service that authorizes payments for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. It is the equivalent of a physical point of sale terminal located in most retail outlets. Payment gateway protects credit cards details encrypting sensitive information, [...]
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