Payment Gateway
Payment Gateway - eCommerce Business
Payment gateway is a software application or service that enables online businesses to accept payments from customers. It acts as a secure intermediary between a merchant’s website and the payment processing network, allowing customers to enter their payment information and complete a transaction without exposing sensitive data to the merchant.
Using a payment gateway to process payments has several advantages for businesses. It allows them to accept a variety of payment methods, including credit and debit cards, as well as alternative payment options such as mobile wallet or e-check. Payment gateways also provide a secure and convenient way for businesses to manage their online transactions and track their sales.
There are several options available when it comes to choosing a payment gateway. Some are designed specifically for use with a particular type of business, such as retail or e-commerce, while others are more general purpose. Some payment gateways are standalone applications, while others can be integrated into a business’s existing website or POS system.