HookoluPay’s payment gateway routing platform is crafted to simplify both domestic and international transactions for businesses, ensuring a smooth experience for customers and merchants alike. By connecting to multiple payment processors, the platform intelligently routes each transaction to the best-suited provider, considering factors like speed, cost, and success rate. Payment gateway is the platform where any individuals, businesses, governments or any merchants can collect payments through their websites or through payment links to collect payments.  HookoluPay Payment Gateway system speeds up transaction times, minimizes failures, security and reduces fees, enhancing overall customer satisfaction.

For international payments, HookoluPay supports multiple currencies, selecting local payment providers to lower foreign exchange fees and boost approval rates. It provides key components of ecommerce platform where you can transfer money to the different area of the country. HookoluPay Payment Gateway advanced security features ensure compliance with global standards, protecting sensitive data and reducing fraud. Automating the payment routing process allows businesses to maximize transaction success, cut operational expenses, and expand seamlessly across diverse markets. HookoluPay is an ideal solution for e-commerce and service providers seeking to scale globally with reliable, efficient payment processes.

Here’s a list of major domestic and international payment networks commonly integrated into payment gateways for accepting payments globally:

Domestic Payment Networks

1. ACH (Automated Clearing House) – U.S.
2. UPI (Unified Payments Interface) – India
3. EFT (Electronic Funds Transfer) – Canada
4. NAPS (National ATM & POS Switch) – Qatar
5. PagoBANCOMAT – Italy
6. SPFS (System for Transfer of Financial Messages) – Russia
7. FPS (Faster Payments Service) – U.K.
8. MADA – Saudi Arabia
9. Interac – Canada
10. NIBSS (Nigerian Interbank Settlement System) – Nigeria

International Payment Networks

1. Visa – Global
2. Mastercard – Global
3. American Express (AMEX) – Primarily North America and global coverage
4. Discover – U.S. and global network
5. UnionPay – China, with global expansion
6. JCB (Japan Credit Bureau) – Japan, with international acceptance
7. Diners Club International – Global
8. Maestro – Europe and other regions
9. PayPal – Online payments with global coverage
10. Alipay – China with international reach
11. WeChat Pay – China with international expansion
12. Apple Pay – Global acceptance for iOS devices
13. Google Pay – Global acceptance for Android devices
14. Stripe – International, supporting over 135 currencies
15. Klarna – Europe and North America
16. Afterpay – Australia, New Zealand, North America
17. Sezzle – North America and global support
18. Bancontact – Belgium
19. Giropay – Germany
20. Sofort – Germany and Europe

Each of these payment networks provides specific benefits depending on regional needs, target customers, and transaction types for their use cases. Payment gateways typically integrate multiple networks to give businesses comprehensive domestic and international transaction coverage around the world.