Services

Ecosystem

The Payments Ecosystem

The payments ecosystem is made up of a combination of players that interact with each other during the payment transaction process: issuers and acquirers, credit card networks, payment processors, payment gateways, independent sales organizations and value-added resellers, and payment facilitators. All of these entities play specific roles in the payment processing cycle.

E-Wallet

E-wallet is a type of electronic card which is used for transactions made online through a computer or a smartphone. Its utility is same as a credit or debit card. It needs to be linked with the individual’s bank account to make payments.

Payment Gateway

A payment gateway is what keeps the payments ecosystem rolling smoothly, as it enables online payments for consumers and businesses. If you’re an online merchant, you don’t need to be a payment gateway expert to use it.

Point of Sales

Point of sale (POS), a critical piece of a point of purchase, refers to the place where a customer executes the payment for goods or services and where sales taxes may become payable.

Payment Gateway

The Best Solution for Accepting Online Payments

Benefits

Benefits Using Payfi for You

With the goal of providing customers a convenient and secure platform, seamless transactions and delivery to their doorstep, different platform requires an efficient payment gateway which will increase customer loyalty and in turn sales and profit.