Payment Gateway is a service offered by e-commerce web pages for the payment towards business activity. This software application take care of the payment processing in the platform through credit cards or any other mode of payment. Payment Gateway is a liaison between e-commerce website and the bank that authorizes a customer’s credit card payment. Payment gateways authorizes all transaction between the merchant and customers.
Payment Gateway Integrations
Payment Gateway software handle the online credit card processing. Once a customer proceed with the purchase of any product or service, this application approve for the transaction process. Upon the successful processing, business is said to be done.
It is not possible to run an online store without a payment gateway as payment through internet is only feasible with this application. All the transactions are processed on the credit card information that customers enters.