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Payment Gateway

Overview

A payment gateway facilitates a payment transaction by the transfer of information between a payment portal (such as a website, mobile phone or interactive voice response service) and the front-end processor or acquiring bank

A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payments processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. The payment gateway may be provided by a bank to its customers but can be provided by a specialized financial service provider as a separate service, such as a payment service provider.

Key Highlights
An e-commerce software that authorizes payments for online merchants, e-business or electronic business, online retailers, bricks and clicks, or traditional brick and mortar.
Value Propositions
Online merchant service for online retailers or e-business owners to accept payment via credit cards or direct payments. The idea is to have an unlimited boundary for a business to grow and to take place. It benefits to save ample time in queuing up to pay bills or any purchase and users may conduct the transactions at anytime, anywhere.
Outcome
  1. Time-saving
  2. Transaction security
  3. Unlimited transaction time
  4. Unlimited business growth

Why Payment Gateway is Important?

Payment gateway is ecommerce solution which offers limitless revenue opportunities exploding potential and compelling way to make purchases over the Internet in convenient and easy-to-use opportunities. It lets you easy manage your merchant account whenever you want

Key Benefits and Flexibility of gateway:
  1. Reduces PCI Scope
  2. Elegance in Data Security
  3. Stores Card Data efficiently
  4. Improves the Customer Confidence
  5. Data Security & Privacy