Internet Payment Gateway (IPG) connects all type of businesses except .....

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Internet Payment Gateway (IPG) connects all type of businesses except ____

A	B2B
B	G2G
C	C2C
D	B2C

Explanation:

Detailed explanation-1: -Internet Payment Gateway (IPG) is an e-commerce application service that authorizes payments for e-businesses e.g online payments (fee/fines/deposits)

Detailed explanation-2: -IPG is a premium service for Merchants with a transaction capable website. All transactions come with 128 bit security and two factor authentication via MasterCard Secure Code and Verified-by-Visa authentication.

Detailed explanation-3: -There are 4 types of payment gateway: Hosted payment gateway. Self-hosted payment gateway. API hosted payment gateway. Local bank integration gateway.

Detailed explanation-4: -A payment gateway is a service that allows businesses to accept payments online. The payment gateway acts as a go-between between the business and the customer. When a customer enters payment information, the payment portal encrypts and securely sends this data to the business’s processor.

There is 1 question to complete.