Choose Index below for a list of all words and phrases defined in this glossary.

Payment Gateway

index | Index

Payment Gateway - definition(s)

Payment gateway - An application (sometimes based on the Secure Electronic Transaction (SET) protocol) designed to securely support financial transactions from web-based merchants. Its functions include authorization, payment capture, authorization reversal, credit, and settlement transactions. Transaction processing is often integrated into fulfillment processes for product delivery.

[Category=Data Quality ]

Stibo Systems, 26 May 2011 08:04:25, External 

Data Quality Glossary.  A free resource from GRC Data Intelligence. For comments, questions or feedback: