Password must be 8-15 alphanumeric characters with these requirements
- Minimum one number (0-9)
- Minimum lowercase letter (a-z)
- Minimum one uppercase letter (A-Z)
- Minimum one special character "#?!@$%^&*-+<=>"
- Example password 99azTR?!@
E-Commerce and online credit and debit cards processing have changed the way we do business making it cheaper, faster and more reliable. Nowadays, we don’t have to wait days and weeks in order to charge our clients or to pay providers. With one click we can transfer any amount we need or introduce our credit card details and within seconds receive the confirmation of successful payment.
Currently, the most commonly used online payment methods are:
Payment gateway or Virtual POS terminal is a technology whose main functions are to accept and process online payments being a link between a website and acquiring partner. Theoretically it is a software app that assures secure exchange of buyer´s credit card information through data encryption. The examples of this information can be credit card number, CVV, secret code for online purchases.
The term “Virtual POS” means Virtual Point Of Sale, point of sale that allows online stores accepting payments on websites and provides verification of client´s card information.
Payment gateway and Virtual POS terminals accept and process the payments of all major card brands such as Visa, MasterCard, Amex, Dinners Club, JCB, Discover, Maestro and Union Pay.
In order to use payment gateway or Virtual POS terminal it is essential to have a merchant account connected to it.
The most requested Payment gateways for online sales are:
Currently, payment gateway is the most secure way to accept and process online payments. In last 5 years anti-fraud protocols incorporated and upgraded constantly by major card brands have lowered considerably the rate of fraudulent operations that take place on Internet. Now all the payment gateways that follow 3D Secure protocol request a cardholder to identify himself by introducing a unique code in order to process the payment. This code can be either sent to the cell phone of the buyer at the moment of purchase or has been given to the cardholder when he was picking up his credit card from the bank.
The merchants that are connected to payment gateways also have its numerous rules to combat online fraud. The main merchant anti-fraud rules are:
Apply for a Virtual POS Terminal to accept online payments over the Internet and enjoy the following advantages: