Latest updates and articles | Payment gateway and POS terminals

Payment terminals: Everything you need to know

Imagine you're just finishing a purchase in your favorite online store. You choose a payment method, enter your details and within seconds, your order is confirmed. The entire process is smooth, but what’s happening behind the scenes? That’s where the payment gateway comes in - the technology that ensures secure and fast processing of online payments.

Payment gateway: What it is and how It works

Imagine you're just finishing a purchase in your favorite online store. You choose a payment method, enter your details and within seconds, your order is confirmed. The entire process is smooth, but what’s happening behind the scenes? That’s where the payment gateway comes in - the technology that ensures secure and fast processing of online payments.

Instant payments and open banking

The speed of payment services is advancing rapidly. Instant payments are becoming a preferred payment method across Europe and soon, all banks in the eurozone will be required to support them. A new regulation by the European Parliament mandates that, starting January 9, 2025, banks must be able to receive instant payments and from October 9, 2025, they must also be able to send them. Outside the eurozone, instant payments in euros will be available two years later.