Payment Gateway

Content

Definition

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, etc.

Usage and Context

A payment gateway authorizes credit card or direct payments for online businesses.

Frequently asked questions

  • What is a payment gateway in e-commerce? A payment gateway authorizes credit card or direct payments for e-businesses and online retailers.
  • What is a merchant payment gateway? A merchant payment gateway authorizes online payments for e-businesses.
  • Is a payment gateway a payment service provider? Yes, a payment gateway is a type of payment service provider.

Related Software

PayPal, Stripe, Square

Benefits

A payment gateway facilitates secure and efficient online transactions, enhancing customer experience.

Conclusion

A Payment Gateway facilitates secure and efficient online transactions.

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