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Thread: What is Mean by Payment Gateway?

  1. #1
    Join Date
    Apr 2013
    Location
    Bangalore
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    What is Mean by Payment Gateway?

    I had been seeing the payment gateway option on some of the website.What is Mean by Payment Gateway in website?

  2. #2
    Join Date
    May 2014
    Posts
    160
    A payment gateway is an e-commerce application service provider service that authorizes credit card payments for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar.It is the equivalent of a physical point of sale terminal located in most retail outlets. Payment gateways protect credit card details by encrypting sensitive information, such as credit card numbers, to ensure that information is passed securely between the customer and the merchant and also between merchant and the payment processor.

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