LYCOS RETRIEVER 
Payment Gateway
built 660 days ago
The MasterCard Payment Gateway is a centralized gateway for routing and settling commercial electronic payments between buyers and suppliers and a web-based portal for buyers and suppliers to enroll and access payment and remittance information. Your specific relationship will be with the Issuing Bank or Merchant Bank and will be subject to the specific such terms and conditions as in effect between you and the Issuing Bank or Merchant Bank from time-to-time relating to such matters as fees, creditworthiness, credit limitations, privacy, etc.
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The ECHO Payment Gateway receives messages as if they came from a Web browser. ECHO provides the Web server and the ISP Partner provides the Web client. The API interface between the ISP and ECHO is the standard HTTP/1.0 (or HTTP/1.1) protocol using Secure Sockets Layer (SSL) encryption. The ECHO Payment Gateway recognizes and processes both GET and POST methods.
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The Payment Gateway module supports plug-ins and can quickly be customized to support other 3rd party systems. The customization can be performed by either the PaperCut development team or internally using your own development staff/skills. Contact PaperCut Software for development options and/or API documentation.
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Organizations that use a centralized point-of-sale (POS) system to manage cashless payment on campus can benefit from the PaperCut Payment Gateway. These systems provide a database of users and interfaces/API's to withdraw funds from a centralized database. The Payment Gateway module can be configured to use these API's to transfer/withdraw funds from the central database.
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There are many benefits to signing up for a payment gateway. The added security features, the ease of automation and the increased flexibility it can offer should leave small businesses asking themselves why they don’t yet have one.
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The MasterCard Payment Gateway is an evolutionary product that is intended to streamline your payment options;integrate with existing accounts payable processes and saves money by enabling one connection. Additionally, the Gateway is designed to:
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Payment Gateway