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Business Payments Directory (BPD)

Definition - What does Business Payments Directory (BPD) mean?

An online business payments directory is a system that enables online businesses to choose from a variety of trusted business payment vendors for whom they opt to contract out for managing their online sales payments and consumer purchases.

Also known as an online payments directory.

Techopedia explains Business Payments Directory (BPD)

Paramount in an online business directory is security and trust so that businesses will feel confident that the listed businesses are legitimate and operate with secure infrastructures. Business payments directories assist electronic commerce in getting their business done in an efficient and secure manners such that customers will return to their sites. With online shopping increasing at faster and faster rates, the ability to purchase items in a secure fashion along with the public's growing awareness of Internet security issues make trustworthy business payments directories crucial.

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