Payment Gateway Overview    

How it works
PaymentsGateway.net is a high performance financial transaction gateway that is used for obtaining authorizations, settlement and/or funding, in addition to comprehensive reporting for transactions via the Internet. Communications to the gateway can come in a number of different forms including TCP/IP Socket connection, HTTP, FTP and VPN. PaymentsGateway.net uses a client/server architecture to transfer transactional data from the point of origination (merchant's website or transaction server) to the some of the largest financial processing centers in the world. Transactional data is submitted for funding and then response information is returned to the point of origination. The PaymentsGateway.net transaction processors take the secure and/or encrypted transaction data from the merchants via the Direct Socket Interface (DSI) and process it in real-time. Next, the response information is returned to the client for fulfillment typically within 2-3 seconds. Interfacing to the PaymentGateway servers can come in a number of different forms including a complete line of shopping cart software in addition to low level interfacing such as from a Perl, Java, or other TCP/IP capable application or programming language.
Services Supported PaymentsGateway.net processes the entire spectrum of financial transactions to provide a total solution from a single source. The current line of services include:
  • Credit Cards
  • Electronic Debit (Savings and Checking Accounts)
  • Electronic Credit (Direct Deposit/Commissions/Etc.)
  • Paper Drafting (e.g. Paper Checks by Phone)
  • Check Processing Services
Transactions can be processed in a number of ways including:
  • Real-time transactions
  • Batch Mode (via a separate product)
  • Recurring (weekly, bi-monthly, monthly, quarterly, etc.)
Credit Card support includes:
  • VISA
  • MasterCard
  • American Express and Optima
  • Diner's Club
  • Discover
  • JCB
Electronic Funds Transfer support includes support for the debiting and/or crediting of U.S. checking or savings accounts via the Federal Reserve's ACH (Automated Clearing House) network.
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