New Business Model: Payment Gateway and Electronic Payments. Practical Perspective

Abstract :

The authors presented the concept of the business model for the institution of the payment card processor, i.e. the company which provides services in the area of electronic payment in retail outlets. The concept of the business model seems to be cognitively interesting on account of the fact that it combines a few unique structures. In the opinion of the authors, the paper aspires to inspire other researchers of this subject and can be used as a material for considerations concerning the implementation of this type of structure in other organizations.