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-business, online retailers, bricks and clicks.
A payment gateway may be provided by the bank to it’s customers, but can be provided by a specialized financial service provider as a separate service.
Payment Gateway Integration is an easiest way for accepting online payment for the online shopping of product and services. With the help of payment gateway customers can easily make their online payment . It works as a mediator between the customer, store and the bank associated with that store. Payment gateway provides security to the customer’s credit/ debit card while transaction.
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