Must I have an account with every gateway I use as an issuer?


Where can I find the address?

The address you need to trust to hold Bitstamp issued currencies is available from the Bitstamp website, but as you noted, you must be logged in to see the relevant page.

You can also find the address at under the [accounts] key. The ripple.txt file is documented here:

Do I need an account?

You do not need to have an account with Bitsamp to be able to hold Bitstamp-issued assets. All you need is to trust their address. You can then buy Bitstamp-issued BTC, or USD or EUR or whatever else purely on the Ripple network.

Of course, having a Bitstamp account will allow you to redeem those IOUs through Bitstamp. Without such an account, you can still trade them on the Ripple network for either XRP or other assets, likely issued by another gateway.

You may find this primer to be of help:...

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In most if not all Crypto 2.0 systems, a Gateway can:

Charge the users for IOU deposits Charge the users for IOU withdrawals


In Ripple, a Gateway can set a percentage fee for whenever their IOU is transferred from one user to another. Say, at 1% fee, to send someone $100, one needs to spend $101. The recipient receives $100, while the Gateway's liabilities decrease by $1, giving them that much in profit.


In Ethereum, a Gateway can create an arbitrary contract for how its currency will be used. This contract can include any fee for currency being transferred or exchanged, demurrage, or anything else that can be coded in a smart...

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Gateways are the businesses that link the XRP Ledger to the rest of the world. An existing online financial institution can expand to act as a gateway in the the XRP Ledger. By becoming an XRP Ledger gateway, a financial services business can gain several advantages:

By enabling its customers to send and receive value in the XRP Ledger, the business increases its value proposition to customers. By accepting payments from the XRP Ledger, the business increases the number of ways that customers can fund accounts at its business, even internationally. The business can use XRP Ledger-related services as a new source of revenue.

This document explains the concepts and steps necessary to become an XRP Ledger gateway. In this document, we use a fictional online currency exchange named "ACME" and its customers as examples, to show how ACME can expand its business to include being an XRP Ledger gateway.

You are not on your own. Ripple wants gateways to succeed, so we are here...

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For many merchants, accepting payments online and figuring out the correct integration for their business is their first step to success. Yet, the online payment world can get a little confusing. If you’re an eCommerce merchant looking to set up your first online store or simply switch payment gateway providers it is important to understand the basic payment ecosystem and terminology, perhaps most importantly the difference between a merchant account vs. payment gateway.

The payment gateway is used for facilitating online transactions and helping them get approved. It is also the first place the transaction goes when a customer submits an order online. The transaction flows through the payment gateway, to the payments ecosystem, and should it be approved, will eventually make its way into the merchant account.

Merchant accounts are for reconciling the funds sent to the merchant on successful sales. These are the funds that were approved through the payments ecosystem....

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A handful of us have been victims of our ATM cards being seized by the Automated Teller machine and when this happens, it leaves us devastated.

Have we been curious to really know the reason why this is so?

(I highlighted some words for those who are ITKs. They won’t read in between lines but jump into conclusion).

I would also call on Professionals in the banking sector to add to these points being highlighted so that we too can learn. Before I will start, let’s have a brief Introduction about the ATM. Some of the points were culled from blogs.

An ATM (Automated Teller Machine) which is also called by some other names like ABM (Automated Banking Machine), Cash Machine or Cash Point is a self-help electronic banking device which is networked with financial institutions and performs financial transactions for client.

Modern ATMs can perform a variety of functions including cash withdrawal, cash transfer, cash deposit, utility bills payment,...

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Are you a seller who's ready to go online? For many new online merchants it's a very cumbersome and difficult process to understand ecommerce. They often fail to understand the basics of ecommerce and consequently face problems in setting up their online businesses.

The core items you'll need to configure (or find) as an ecommerce professional include the following:

A domain registration (such as quality ecommerce website developer or platform (like Shopify or Bigcommerce)Quality (not just the cheapest) web hosting (Hosting is included with platforms like Shopify, but not with systems likeWordPress and Magento)A shopping cartA way to accept your payments – AKA the combination between a merchant account, payment processor and payment gateway (detailed below)

In this article, I discuss one of the most important aspects of ecommerce: The way you're going to accept payments.

It sounds simple at first, but there are actually three elements that come...

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Necessity is the mother of invention. Sounds true, huh? Since people are becoming lazier every day, this phenomenon is the cause of e-commerce mobile applications' becoming more popular now. Imagine that you've decided to create a new application involving interaction with user's money, but you know next to nothing about the payment gateway integration with a mobile application. Well, you are exactly where you need to be, because we're going to discuss this very topic in details right now.

In real life, the example of a payment gateway is a point-of-sale machine, or POS, which could be easily found in any retail store. You might have heard thousands of times the phrases like: 'Sorry, you card was declined...' in case you payment wasn't approved and 'Here is your check, please...' in case your payment was successful. What happens? The POS sends the credit card information to its issuer to confirm if the owner has enough money to make a purchase. In other words, our POS is an...

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type: required
Specifies the payment flow for the checkout process. For Pay After Delivery orders use the value "checkout".

gateway: optional
Sets a predefined payment method

order_id: required
The unique identifier from your system for the order.

currency: required
The currency you want the customer to pay with.

amount: required
The unique identifier from your system for the order.

description: required
A free text description which will be shown with the order in MultiSafepay Control. If the customers bank supports it this description will also be shown on the customers bank statement.

var1, var2, var3: optional
A free variable for custom data to be stored and persisted.

items: optional
Include an HTML formatted list of the items ordered. Used to customer how the order is displayed on payment pages and emails.

payment_options: required

notification_url: required

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Does Wema Bank have an account I can put some money in every now and then?

Yes. Wema Bank Personal Savings Account would be right for you.

What is Personal Savings Account?

This is a product that enables customers save towards future financial security. Your balance in this account can be viewed as an investment because you earn interest on this balance.

How much interest do I get?

Interest rate of between 3.6% and 4.5% per annum is applicable.

When is the interest paid?

It is calculated on daily basis but it is paid at the end of each month and credited directly into your account. If your account is left untouched, you will earn interest on this initial interest in the second and subsequent months the amount remains in the account. This is called the power of “Compound Interest”.

How much do I need to open this account?

You need a minimum of N2,000 only, to open the savings account.

Do I need to pay the...

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Obtain the customer’s credit card information.

The first step is to read the customer’s information from the credit card. Credit cards either have a magnetic stripe or embedded microchips. These store the customer’s name, account number, the card’s expiration date, and the country.


Whatever system you use, you need a method of obtaining this information from the customer’s credit card.

With a POS system, you manually enter the product information into the system or swipe a barcode. The register totals the sale calculates tax. You then swipe the magnetic stripe or scan the microchip with the card reader on your terminal. With a mobile system, you open up your app and select the products from your products page that the customer is purchasing. The app totals up the cost of the sale including tax. Then, you read the customer’s card with the card reader that plugs into the headphone jack on your smartphone or tablet. For online purchases, customers visit your website...
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DEFINITION of 'Payment Gateway'

A means of authorizing credit card or other forms of electronic payments. These e-payments can be made online or offline via a website or at an actual brick and mortar retail establishment. Payment gateways help to protect sensitive information like credit card numbers and other account information by encrypting the data they transmit to merchants and payment processors.

BREAKING DOWN 'Payment Gateway'

Not all companies that build storefronts or facilitate clients in the usage of shopping carts implement payment gateways. The service providers usually charge the retailer a monthly service charge or take a percentage of all sales, sometimes...

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See additional authenticated data.

access control list

A document that defines who can access a particular bucket or object. Each bucket and object in Amazon S3 has an ACL. The document defines what each type of user can do, such as write and read permissions.

access identifiers

See credentials.

access key

The combination of an access key ID (like AKIAIOSFODNN7EXAMPLE) and a secret access key (like wJalrXUtnFEMI/K7MDENG/bPxRfiCYEXAMPLEKEY). You use access keys to sign API requests that you make to AWS.

access key ID

A unique identifier that's associated with a...

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The Hosted Payments Service enables the payment process to be performed on a customisable webpage hosted by MasterCard Payment Gateway Services, rather than capturing sensitive card details on a website or call centre application. Using this method of integration will lessen the responsibilty of complying with PCI DSS, as card details are captured from the outset by MasterCard Payment Gateway Services. Payments can be made using Credit cards, Debit cards and PayPal.

There are four stages to the payment, these are outlined below.

Re-direction of Customer

Once the customer is ready to proceed to payment, your application sends a request to MasterCard Payment Gateway Services. This include information that has been collected on the customer (from the website or call centre application).
A Hosted Payment Session will be created for that transaction and an XML response returned containting details which are used to re-direct the customer to the...

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(Updated January 1st 2016)

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We strongly recommend that you:

Read these Terms carefully before using Print a copy for future...
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nFactor lets you configure an unlimited number of authentication factors. You are no longer limited to just two factors. Each authentication factor performs the following tasks:

nFactor requests credentials from the user. These credentials can be anything supported by NetScaler including: SAML Certificate oAuth Kerberos Forms-based authentication (traditional web-based logon page) for LDAP, RADIUS, etc. Multiple passwords can be collected with one form. Or prompt the user multiple times throughout the authentication chain. The logon page can contain a domain drop-down. nFactor evaluates the credentials. The results can be: Authentication success Authentication failure Group extraction Attribute extraction from SAML, Certificate, etc. Based on the evaluation results, do one of the following: Allow access Use authentication evaluation results to select next factor Deny access Multiple factor evaluations can be chained together. The chosen...
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