#payment gateway script

Is PayPal a Payment Gateway or a Payment Processor?

Payment Gateway vs. Payment Processor: What's The Difference?

Will PHP still remain relevant in the next 10 years?

PHP will continue to be one of the most popular and used languages in 2022. PHP programming is improving as PHP provides more relevant tools with recent updates to meet the increasing demand for complex web environments. PHP was one of the pioneering server-side languages that could be integrated with HTML, making it easy to add functionality to web pages without inviting external files to the data. Its use has evolved over the years, with regular updates and new features and capabilities.

While there is a lot of talk about the future of PHP, it is clear that PHP has a future. It is by far the most widely used back-end programming language on websites. In 2022, you need to learn PHP. It doesn't matter which languages like Ruby, Python and JavaScript are more popular in 2022, but more than 45% developers are developing websites in PHP.  If you look at the numbers, PHP is certainly not dead. About 75% of all active websites are powered by PHP.  Based on  statistics, it is reasonable to conclude that PHP is not dead because 75 percent is too high a number.

One of the reasons many websites use PHP is that WordPress uses PHP. WordPress has a market share of about 34 percent of all sites. 75 million websites are running in WordPress. In addition, there are other CMS such as Drupal (3%) and Joomla (2%) that also have significant market shares. And there are popular business management systems like Magento, that account for around 1% of the total market share.

Another reason why PHP has become so popular is that it is relatively easy to get started. Most people, even without extensive web development knowledge or experience, can create a website with a single PHP file in a relatively short time. The syntax is straightforward and the command functions are easy to learn, which means that PHP has lower access limits than many other languages.

Open access is available for a wide variety of PHP frameworks, such as Laravel and Symfony. This feature is also great for businesses because it helps control the cost of web development.

One of the main advantages of PHP is that it is platform independent, which means that it can be used on Mac OS, Windows, Linux and is compatible with most web browsers. It is also compatible with all major web servers, making it easy to deploy to a variety of systems and platforms at minimal cost. As a widely used veteran scripting language, PHP now has a large and loyal community base behind it. There are many tutorials, FAQs and tips to help new PHP developers continue to push the boundaries of the language with regular updates.

Can you briefly explain the process of creating a website?

Before you start building your website, it's a good idea to think about what you want to achieve with your website. Researching your competetor's websites can help you get a clear idea of what is best for you.

There are four basic steps you can take to create a website.

1. Register a domain name

The domain name will also be your email address. Although you can use a free email address like Gmail, sending email from a work address looks more professional. To register a domain name, you need to find a reputable registrar and pay a fee.

2. Find a web hosting company

You need to find a web hosting company to get a domain name online. Most major domain registrars offer web hosting services. Monthly web hosting fees vary depending on the size of the site and the number of visits.

3. Prepare the content

Think about what you want to offer your customers through your site. Just as you would hire a professional to design your website, you might want to hire a professional to write and create your content. A well-designed and user-friendly website will help your business stand out. Relevant content and images help customers understand your products and services and make more convenient purchases from your business.

4. Create your website

You can build your own website or have it created by a professional web developer instead. Websites need to be kept up to date, so be sure to schedule ongoing maintenance. If you are new to online business, it is a good idea to start a website with someone else. A professional web developer can quickly build your website and advise you on a successful web design. Hiring a professional can be especially useful if you want to set up an online store or offer other services through your website.

You need to design your website to be easy to use on smartphones and other mobile devices. Optimizing your website for mobile means that more and more people connecting to the internet with your phone and tablet can use your website away from home.

So over all helpful tips for building a website:

Think about what your customers want to know, not just what they want to tell them.

Use the help of professionals. An unprofessional website can scare away customers.

Update your site regularly, especially if you have pricing information.

Make sure your contact information is correct and easy for your customers to find.

Promote your site in your marketing materials and include it in your business cards.

American Express makes easy to send money and exchange purchases with family and friends of our members.

As we prepare for a socially distant holiday season, American Express makes it easy to send money and exchange purchases with family and friends of our members.

Say hello to Amex Send and Split with PayPal and Venmo. Send & Split allows eligible consumer card members in the United States to send money to any other PayPal or Venmo customer directly within the American Express® application, giving you more flexibility in how you send money. Additionally, card members can also split their purchases with PayPal and Venmo customers and receive a refund directly to their card. It is easy to use and configure. Here’s what you can do as a member of the American Express card, after signing up, starting today:

SEND MONEY

Now, US Consumer Card members can send money to friends and family in the US via PayPal or Venmo at no charge. When you sign up for Send & Split, an Amex Send™ account is automatically set up. You can add funds to this account at any time with your American Express card and send money to any other PayPal or Venmo customer. This means you can send money now and return the money to us later.

SPLIT PURCHASES

With Amex Split™, after making a purchase on your card for a shared expense, such as a holiday gift for your mom that you share with your siblings, you can seamlessly share it with other PayPal and Venmo customers and it will be reimbursed directly to your card as a credit on the statement. In the Amex app, choose any pending or posted purchases that you want to split. We can divide the purchase amount evenly for you, or you can adjust the individual servings so that everyone is asked to pay only their share.

You can track these requests directly in the Amex app to see who reimbursed you (and who didn’t), giving you a consolidated view of your spending and allowance. Best of all, even if you split the purchase, you get all the rewards for the purchases you divide in the same way that you get rewards for other purchases. Amex Send & Split works seamlessly, whether it’s reimbursing the family for a group gift or sharing the expenses with a friend via PayPal or Venmo. This is just another way to make it easier for you to manage your shipments, expenses and divisions, all in the Amex app.

All customers in the United States will be able to purchase cryptocurrencies directly from their PayPal accounts.

PayPal announced today that it will be removing the waiting list to buy, hold and sell cryptocurrencies in the United States. With this decision, all customers in the United States will be able to purchase cryptocurrencies directly from their PayPal accounts. U.S. customers will also receive alerts about the new feature via email and a push notification in the coming days, the company says.

This feature was already partially available in the United States, but PayPal has attracted interested customers from a good list. With the update, users no longer have to wait for the location to open.

Additionally, PayPal claims to have increased the weekly cryptocurrency purchase limit from $ 10,000 to $ 20,000 per week at the request of the first customer.

The partner is helping to improve the new PayPal service, allowing customers to buy, sell and hold a variety of cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash and Lightcoin.

For the next year, PayPal plans to allow users to make PayPal purchases with cryptocurrencies as well, the company said.

In terms of exchange rate, PayPal will charge $ 0.50 on transactions up to $ 24.99, 2.3% on transactions from $ 25 to $ 100; 2% on transactions from $ 100.01 to $ 200 USD; $ 1.8 on transactions of $ 200.01 to US $ 1,000; and 1.5% in transactions over US $ 1,000.

PayPal notes that there is no charge for holding crypto in your account. And for starters, PayPal will waive the fees until 2021.

The company released the news quietly today via an update to last month’s press release. It states that users can download the PayPal app or log into their PayPal account for more information.

“Paytm Subscriptions”, the subscription service for businesses.

Local payment gateway Paytm has expanded its services and made it easier for companies to collect payments through various methods. Called “Paytm Subscriptions”, the subscription service for businesses will allow them to collect payments from their users through flexible payment methods such as Paytm Wallet, UPI or cards, the company said in a statement Tuesday. Subscribers and customers can choose and pay for themselves through their preferred payment option. Additionally, customers can make periodic payments for subscription-based services. While Paytm previously launched the subscription-based recurring payments feature, it has been limited to card and bank account transactions to this day and has now been extended to UPI as well.

The payment gateway will also be equipped with features such as pre-debit notifications, smart attempts, smart routing between multiple bank gateways, card expiration notifications, and smart error code management to ease the process of payment. The company now expects to attract more than 1,000 businesses over the next six months, as it has already integrated several leading online platforms such as Zee5, Disney +, Epic On, JioSaavan and Gaana among others.

Meanwhile, Paytm’s e-commerce subsidiary, Paytm Mall, recently suffered a massive data breach after a group of hackers attacked it. The group of attackers called John Wick demands a ransom in exchange for the data. The group was able to get unrestricted access to all its databases (Paytm Mall), a US cyber risk intelligence platform Cyble said in a report posted on its blog on Sunday.

PayPal Enters Installment Loan Business Targeting Fintechs Affirm And Afterpay.

Point-of-sale financing – the modern item that allows you to pay for a new TV or dress in four installments instead of putting it on your credit card – has grown in popularity dramatically over the past two years, and the pandemic has propelled it to new heights. Australian company Afterpay, whose business is at stake in the program, has grown from a market valuation of $ 1 billion in 2018 to $ 18 billion today. Eight-year-old San Francisco-based startup Affirm is rumored to have an initial public offering of up to $ 10 billion. Now PayPal is entering the space. The new “Pay in 4” product will allow you to pay for any item that costs between $ 30 and $ 600 in four installments over six weeks.

Pay in 4 rates makes it different from other “buy now, pay later” products. Afterpay charges retailers approximately 5% of each transaction to provide its fundraising feature. It does not charge the consumer, but if a payment is late, they will pay a fee. Affirm also charges transaction fees to retailers. But most of the time, it forces users to pay 10-30% interest and no late fees. PayPal appears to be a less expensive hybrid of the two. You won’t charge consumer interest or additional fees to the retailer, but if you’re late on a payment, you’ll pay a fee of up to $ 10.

Serial entrepreneur Max Levchin started two of the top three players offering online point-of-sale financing in the USA. He co-founded PayPal with Peter Thiel in 1999 and started Affirm in 2012.

PayPal can hurt fee competition because it already has a dominant and highly profitable payment network that you can take advantage of. Eighty percent of the top 100 US retailers allow customers to pay with PayPal, and nearly 70 percent of US online shoppers have PayPal accounts. PayPal charges retailers a transaction fee of 2.9% plus $ 0.30, and in the second quarter, when Covid-19 shopped online like a rocket, it had a record $ 3 billion and profits of $ 1.5 billion. Its shares have exploded, adding $ 95 billion to market value in the past six months. In an economic environment where e-commerce is booming, “PayPal can grow 18% to 19% before waking up in the morning,” says Lisa Ellis, analyst at MoffettNathanson.

Data from Afterpay and PayPal shows that consumers spend more money, sometimes 20% more, when offered point-of-sale financing options. When PayPal launches Pay in 4 this fall, it will likely increase transaction size, and since they are already earning 2.9% on every transaction, the earnings will increase overall.

The online point-of-sale financing market has so far had millions of US customers. Afterpay, which expanded to the United States in 2018, has 5.6 million users. Affirm also says it has 5.6 million. Stockholm-based Klarna, 9 million, and Minneapolis-based Sezzle, has at least a million.

Separated from Pay in 4, PayPal has been providing point-of-sale financing for over a decade. They bought Baltimore start-up Bill Me Later in 2008 and renamed it PayPal Credit in 2014. PayPal Credit allows consumers to apply for a lump sum line of credit and today has millions of borrowers. Like a credit card, it charges high interest rates of around 25% and requires monthly payments. These consumer loans can present a high risk of default and PayPal does not hold most of them, transfers US loans to Synchrony Bank. (In 2018, Synchrony acquired PayPal’s extensive US consumer loan portfolio for approximately $ 7 billion.)

Last spring, as the pandemic spread rapidly and concerns about consumer defaults grew, PayPal halted lending. “Like many installment lenders, they basically stopped lending in March or early April” says Ellis of MoffettNathanson.

With Pay in 4, PayPal’s new credit boost indicates the business is becoming more aggressive in a volatile economy in which many consumers have performed better than expected so far. Unlike PayPal credit, PayPal will host these new loans on its own balance.