What is an online payment gateway?

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chadmarsh
Asked Jun 02, 2017
A payment gateway is a merchant service provided by an e-commerce application service provider that authorises credit card. Check out this site: https://www.sendthatcash.com/ to get more idea about this.
matthewoconnell
Answered Jun 05, 2017
Pауmеnt gаtеwау iѕ a wеb-bаѕеd service that intеgrаtеѕ intо an e-commerce wеbѕitе’ѕ shopping саrt аnd соllесtѕ рауmеnt infоrmаtiоn provided bу сuѕtоmеrѕ аt the сhесk-оut. Thе gаtеwау thеn еnсrурtѕ thе data аnd transmits it to the саrd iѕѕuing bаnk for authorization. Thе аuthоrizаtiоn response iѕ thеn ѕеnt tо the merchant and iѕ diѕрlауеd tо the саrdhоldеr. In еѕѕеnсе, the рауmеnt gаtеwау ѕеrvеѕ fоr web-based mеrсhаntѕ the same рurроѕе thаt a роint-оf-ѕаlе (POS) terminal dоеѕ fоr retail businesses.

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paymentsystem
Answered Jan 09, 2018
Online Payment gateway is the best method for merchants to accept payments online from their customers. Payment gateway was designed to capture transaction directly from the merchant and integrated with their existing ACH payment gateway. For more information about online payment gateway or want to hire experts on payment gateway solution, I would like to suggest contact Chetu. Chetu offers various software solutions such as application maintenance, backup, custom application development and quality assurance and testing services for different industries like agriculture, banking, payment etc. that help clients to grow their business. Visit: https://www.chetu.com/case-study/payment-processor-requires-merchant-portal.php
Steve_Donald
Answered Apr 27, 2018
It is a secured interface between consumer and seller organization. Via this method you can transaction between various people.
drsachingoel
Answered Jan 10, 2019
A payment gateway is a software application that bridges a gap between an eCommerce website and the bank that authorizes (or declines) a customer’s credit card payment. It simply helps in the processing of credit cards and assures the payment is done. Credit and debit cards, eCheck (ACH), and cryptocurrencies like bitcoin are all processed through payment gateways. It acts like a connecting pipe, through which transactions can be done automatically from the customer to the retailer.
Ecomsolver
Answered Jan 10, 2019
A Payment gateway refers to a technology which have capability to read all types of payment cards and sends customers information to the merchant acquiring bank for payment processing. The payment gateway is one of the major aspects of Ecommerce businesses, traditional brick and mortar stores.

For the payment gateway development and processing solutions, contact Chetu. They provide payment gateway development and integration solutions for multiple merchants like First Data, Chase Paymentech, Vantiv, Global Payments and more. They also develop payment processor software to support sale, refund, billing, recurring, and other payment types. For more details about payment gateway solutions or to hire payments software development experts, visit: https://www.chetu.com/payments/gateways-processors.php now!
ChetuPayment
Answered Sep 13, 2019

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