What is a payment gateway?
January 11, 2020
Making online payments is the basic need of every individual out there. Online payments make life easy and saves time as you are not physically required to make the payments to any person or a business. Online transfer of payments also becomes handy in case of any emergency as it lets you transfer money from your couch to any part of the world to your dear ones.
What thing makes this possible?
Actually many things! But one of the technologies that make it possible is a Payment Gateway Integration used by the payment service providers. Payment service providers offer merchants online services for accepting e- payments by a variety of methods like debit card, credit card, etc. These companies make the use of Payment Gateway to let the users make the payments online.
Payment Gateway is required by the seller or a merchant who wants the customers to make an online payment and buy products or services. If you own a business and have an
the e-commerce website, then you will need a payment gateway integration to accept the payments from your customers.
The payment gateway integration is the only method by which a merchant can accept the payments online from his customers. When the customer pays money online to buy any products or services from a merchant, it is first processed through a payment gateway company and then that money is settled into the merchant’s bank account. Basically, payment gateway integration is a secured path provided by the payment service providers to make the transaction successful.
You might have observed a merchant website redirecting you to a different page where you are allowed to enter your details like debit/ credit card number, name, and other information. This page is nothing but the payment gateway integration where your money is transferred after checking all the details and then settled into a bank account of the merchant.
Trigun Infotech’s merchant gateway integration services will remove complexities from online transactions on your site. Trigun Infotech provides gateway integration services helping you in the method of receiving payments through an alternative mode of payment.