Indian and International Online Payment Acceptance Services through Credit Cards

E-Commerce in India is poised to grow with the setting up of millions of Internet-able consumers and Web Merchants. For all intents and purposes, the Internet is the new medium of communication and conducting business. Its growth has been more rapid than the growth of any other medium so far. Clearly, one of the critical factors for growth of e-Commerce is the availability of a secure, scalable and cost effective payment solution. The Internet has an open architecture and the data, traveling from Server to Server, can be captured at any point. Also, there are risks related to identity verification of the cardholder, merchant identification, etc.

The consumer may not the genuine one and could be using somebody's card The card may be hot listed and therefore no credit available to that card number. The merchant could be a fraud and delivering substandard goods. There is the risk of leakage and tampering with the credit card information flow on Internet.

ICICI Payment Gateway is a leading online processor of Visa and MasterCard credit cards. A division of ICICI Banking Services, it is a  professionally managed group, with over 400 executives all over India. The group has gained expertise and experience in the transaction processing and payment card industry, and built credibility and reputation as a reliable service provider.