eCommerce Payment Gateways A huge share of time and expense is invested by ecommerce merchants in getting their website’s design and functionality straight and due to this they often overshadow the prominent streams of their businesses like managing customer orders , online payments and etc. eCommerce gateways helps businesses achieve this by enabling them to authenticate transactions and/or transfer payments from the customer's to the merchant's bank account or vice-versa , in an easy and efficient manner. eCommerce Gateways, or online Payment Gateways, can be compared to a physical POS (Point–of–Sale) of a traditional retail stores , where credit / debit card is swiped at billing desk or payment is made in cash , in online retail
Its mobile applications are compatible with iPhone, Blackberry phones, Android tablets, iPad, Windows phones, and Android phones. For Box, BAA agreements exist when a business chooses its Enterprise Plan. The price of the Enterprise plan varies depending on the size of a business as well as the intended number of users. DropBox DropBox boasts of being one of the most widely used file-sharing services in the market. This means many people have at one point used its services, making it an easy option for many businesses.
Credit is the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future. There are many reasons why people would want a credit card. One is being able to get approved. When you start looking for a new car, they can look at your credit score to see if you are eligible for lower payments or no down payment or even having good credit score can help you by possibly paying less for your car insurance. Even when looking for a new home, you can avoid paying a security deposit which saves you money.
(2013) internet banking have the following advantages for customers: Comfort – access to the bank 24 hours a days, 7 days a week, without depending on the bank’s schedule Low costs – in order to reduce the number of clients who go to the bank desks, there are fee reductions for the electronic payments Time saving and reduced expenses (no more transportation to and from the bank building) Safety – transactions take place in the best security conditions as customers use a user name, a password, and an encrypted channel Accessibility – online connection with the bank from any Internet connected computer; simple and ergonomic menu leading the client directly to the operation he/she wants to perform One disadvantage concerns the additional costs of subscription and Internet
For the output for the recipient to withdraw money at the ATM is the amount of money that come out from the ATM. The benefits of using cardless withdrawal include easily handy banking services. The recipient authorization process is accessible from anywhere through a selection of mobile channels such as WAP Portal, SMS and Web Portal. The users can be made from any ATM renowned by the bank. Besides that, money also can be transferred to the recipients without any bank accounts.
D. Multimedia usage The music, video songs, and other various multimedia applications can be easily shared among different mobile phones using the mobile cloud. E. Mobile commerce It is an application called as m-commerce which is used to do ticket booking, shopping, mobile transaction, mobile messaging via mobile devices.  F. Mobile learning It is also called as m-learning where we could read and access all sorts of books via cloud at a high speed and to learn things
Commuters can scan the QR code of the products on display with their smartphones and place their orders while commuting, pay for them using an online profile and have the items delivered to them. Mattsson, (2015) noted that queue management, through the use of technology that employs sensors and beacons which are able to track customers in stores through smartphones and in-store WI-FI, has benefited John Lewis, the department store in Britain. South Africa is a mobile focused country, with a mobile penetration of around 128% whilst 80% of internet user’s own smartphones (Thomas,2014). Businesses need to adapt their operations to the lifestyles of South Africans in order to increase sales. ToysRUs has already launched a mobile application for smartphones, where customers can make purchases online.
Nowadays, debit cards are one of the most common forms of payment used in the world today. These are cards that look identical to credit cards, which are linked directly to your bank account. Whenever you make a purchase, the funds are taken directly from your account, resulting a simple and quick transaction. In my opinion, I believe that there are some enormous benefits from using debit card as a form of payment, but some negative things to consider as well. In this essay, I will elaborate further about the advantages and disadvantages of debit card to the people.
Some important points which the firms compete with each other are. 2.4 Market Trends The coming trend of banking industry is online banking and mobile banking and bringing in practice the online business and introduce such instrument through which everyone will be able to buy things or commodity in domestic or in international market and pay through these instruments. Such as ATM, Debit card and Credit card. And the branchless banking is now started by the UBL omni and Telenor easy paisa.Few Facts and figures of Telenor Easy Paisa and UBL
Advantages Convenient Nowadays, there are a lot of websites or apps such as Zalora, Amazon, Alibaba, Taobao, TGV, Trivago so on that enables us to purchase domestic or foreign goods and services. This situation make many banks have integrated advanced information technology systems to improve on their customer service. Finally, it is very easy to withdraw money using a Credit card and Debit card, we can even register an online banking account and key in all the bank information and directly transfer money when necessary and then the merchant will deliver the item to the address provided. Saves time Previously, when we entry in a shopping mall, there is a worker who responsible in recording the time when we entry. When we exit from the parking,