Siliconindia Magazine

The Era of Merchant and Consumer Facing Technologies

John Biggins might not have imagined that the invention of ‘credit-card’ would have an enduring impact in the payment sector, where the customer and retailer can carry smooth interactions without any record of discomfort. It was the key to unlock a big issue that could otherwise revolve around unaccounted credits, mismanaged transaction, or poor cash flow. Today, we have a number of payment gateways that allocate path for smooth payment transactions regardless of which bank the credit-card belongs to. From the condition of utter vexation to the seamless function of cashless transaction, there paved the initiatives of a number a domain players who have started their journey long back, and some who are new. It might not be a problem if you consider the ‘Card Association’ in USA,...