Payment gateway is an e-commerce application service provider that authorizes payments for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. It facilitates the transfer of information between a payment portal and the front end processor.
It is always a daunting process to choose payment gateway to process payment for your online business. Payment gateways have come long way comparatively earlier. According to Tricia Lines Hill, payment gateways, which in their sim�plest form used to be the switch between the mer�chants and the banks for credit card processing, are now offering other forms of online payment to satisfy their customers.
|
