मराठी
महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

Write Short Answers for the Following Questions: What is a Payment Gateway? - Organisation of Commerce and Management

Advertisements
Advertisements

प्रश्न

Write short answers for the following question:
What is a payment gateway?

थोडक्यात उत्तर
Advertisements

उत्तर

A payment gateway is an e-commerce application that provides services which allows a direct connection between a website and a bank. In e-business, there is no exchange of cash or money over the counter; rather the payment is made through the web with the help of payment gateways. These gateways authorises the online payments made by the retailers, manufacturers, sellers or buyers and generally provide the option of making e-payments through credit card or debit card or through direct transfer from banks (through net banking). The payment gateways are also said to be the virtual equivalent of the physical Point
of Sale as they allow transfer of payments through internet.

shaalaa.com
Payment Mechanism
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 3: Emerging Modes of Business - Write short answers for the following question [पृष्ठ ९७]

APPEARS IN

मायकल वाझ Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
पाठ 3 Emerging Modes of Business
Write short answers for the following question | Q 3 | पृष्ठ ९७
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×