In general, the Payment Gateway enables the administrator to accept payments from the users to track the incoming and outgoing payments. Also, the Payment gateway includes functions designed to support common types of payment services and credit card payments. Whenever a payment is credited, a payment transaction should be created. And, invoice or receipt is generated based on the user request. then, the payment transaction functions as a basic receipt for successful payments or a log indicating the payment failures. Additionally, the payment transactions updated to reflect the final amount of money collected.
List of Banks Support EBS
To point out, our clients can credit the payments through bank transfer. So that, by using Real Time Gross Settlement (RTGS)/National Electronic Funds Transfer (NEFT) system to facilitate an efficient, secure, economical, reliable and expeditious system of funds transfer.
PayPal is an American, international digital wallet based online payment system. whereas it allows payments and money transfers to be made through the Internet. as well as, online money transfers serve as electronic alternatives to paying with traditional paper methods, such as checks and money orders. Markedly, Online payments through PayPal are instant.