A Payment Gateway is a payment facilitiy that processes Credit / Debit Card payments and FPX Internet Online Banking for online businesses and traditional brick mortar stores. Simply put, a business can accept payment from anywhere in the world, through internet or mobile apps.
A Payment Gateway is a third party that validates, authorises the payment transactions between the merchant ( business owner ) and its customers. Payment Gateway facilitates this secured transactions by transferring key information between the payment portals ( online store / shopping cart / mobile apps owned by business owners ) and the front end processor / bank. Any disputes on the payment or purchased goods and services can be verified through a payment gateway, which gives an ease of mind to both merchant and customers.
Moving forward, we have decided to partner with SenangPay & Stripe.
senangPay is a payment gateway service provider. senangPay allows you to receive credit and debit cards, and FPX payment easily.
senangPay is PCI DSS compliance and certified with PCI-DSS level 2 certification, a set of security standards designed to ensure security.
senangPay is registered with Bank Negara Malaysia.
Stripe began after its owners noticed that most online credit card services had unnecessarily long setup processes, cumbersome interface, and generally made checkout processes way more difficult than they needed to be.
As mentioned, the biggest advantage stripe has over similar services is it’s incredibly easy to use and everything is built-in, including card storage, subscriptions, and bank payouts.
Stripe has been audited by an independent PCI Qualified Security Assessor (QSA) and is certified as a PCI Level 1 Service Provider. This is the most stringent level of certification available in the payments industry. When accepting and making payments, you must do so in a PCI compliant manner.
