Spain is a very mobile-friendly country with the highest smartphone penetration rate in Europe. With over three-fourths of the country being online and over half the country’s online purchases being paid with credit cards. If you are planning to accept payments in Spain, you will need a quality payment gateway…
Many of Ireland’s residents are internet users. Data even shows that 70% of Ireland’s population purchases everything online, while 60% of all these purchases are from merchants located in Europe. Due to these statistics, Ireland is one of the Western Europe countries with the highest spending energy per shopper. Online…
The United Kingdom (UK) houses several strong industries including its e-commerce market, which is the 4th largest market in the world with a revenue of over $110 billion. The UK’s e-commerce market is supported by countless users and is expected to only grow further and increase even more in size…
Japan has the fourth largest eCommerce market worldwide. Japan also has some of the lowest cross-border shopping rates worldwide. However, Japan is still primarily a cash-based county with the third highest cash usage in the world. As of 2018, cash payments in Japan made up 82 percent of overall payments. …
As of 2022, 46 percent of online purchases in Australia were paid by card. By comparison, cash and bank transfers were less prevalent among online customers, with 11 percent of online purchases being paid for with bank transfers and just three percent with cash. If you are planning to accept…
Overview of Payment Gateway: Canada A payment gateway is an online service that allows businesses to accept electronic payments for goods and services. In Canada, payment gateways are used extensively by e-commerce websites, online retailers, and businesses that require secure, reliable payment processing. A payment gateway functions as a secure…
What is Payment Gateway Software? A payment gateway software is a technology solution that enables businesses to securely process financial transactions from their customers over the internet. It acts as an intermediary between the customer’s payment information and the merchant’s bank account. Payment gateway software provides a convenient and safe…
Recent statistics show that 80% of people in the United States utilize online payment services. The total value of online payment gateways in the countries is expected to increase by 15% in the next few years. Businesses prefer payment gateways, which can greatly reduce the time and energy associated with…
Merchant gateways, also known as payment gateways, are technology platforms that facilitate the processing of electronic payments made by customers to merchants. They act as a link between the customer’s payment method and the merchant’s bank account, securely processing and verifying the transaction in real-time. Merchant gateways provide a seamless…
“The world has a crucial opportunity to build a more inclusive and resilient economy and provide a gateway to prosperity for billions of people,” said Bill Gates, co-chair of the Bill and Melinda Gates Foundation. The World Bank, an organization that works in every major area of development providing a…