What is the difference between a payment processor and a payment gateway?
What is the concept of payment processing? Payment processing refers to the method of completing digital transactions between buyers and sellers. Simply put, the payment processor gathers information about a transaction, verifies it, implements it, and then debits the customer’s account and transfers the funds into the seller’s account. You must understand the principles of […]
The top three most common digital wallet trends in 2020
For more than 3000 years of human history, money has been an integral part of all of our lives. From the barter system to Bitcoin, the idea of money has experienced considerable change during this time span. We’ve seen a lot, from exchanging goods and services to developing the idea of fiat currency and then […]