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Closed loop gift card processing can be arranged by a payment gateway or a merchant in one of several ways. The “closed loop” can involve a third-party gift card issuer, who issues the cards and handles all the acquiring issues (although closed loop gift cards, issued by a third party, can be white-labeled by the […]

Date posted: August 29, 2018 | Author: | Comments Off on Closed Loop Gift Card Processing

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Today the process of migration from one processor to another is much more complicated than before, especially from the viewpoint of payment facilitators and payment service providers. Traditionally the only thing that had to be taken care of when a processor was changed, was reconciliation and settlement mechanism. Now there are several important components involved […]

Date posted: January 13, 2016 | Author: | Comments Off on Migrating from one processor to another

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