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What is Mean by Payment Gateway?

Discussion in 'Customer Relationship Management (CRM)' started by kpkarthik, Jun 20, 2014.

  1. kpkarthik

    kpkarthik Affiliate affiliate

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

    jha kailash Affiliate affiliate

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    They third party acting as a bridge to transfer money from a customer to merchant.
     
  4. tamialexander

    tamialexander Affiliate affiliate

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    its an e-commerce application service provider. Service that authorize credit card payment for e-businesses.
     
  5. ketul

    ketul Affiliate affiliate

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    Yeah. alexander is right. It is a secured service for money transaction between two different parties.
     
  6. johnbrent

    johnbrent Affiliate affiliate

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    On the off chance that you are taking a gander at tolerating constant charge cards on your site then an installment passage is required. There are three primary necessities for an installment passage to work:

    - A site that meets the security and qualification prerequisites for the bank to issue a dealer account

    - A dealer account from a bank. A dealer record is a unique sort of financial balance that can be connected specifically to an installment portal. These financial balances are issued endless supply of a site to guarantee it meets protection and security prerequisites. Prerequisites regularly incorporate a SSL declaration and a security arrangement.

    - An installment passage supplier. Installment portal suppliers offer the server that goes about as the connection between your site and the bank. The server has an extremely uncommon arrangement and an abnormal state of security because of the touchy way of the information being exchanged.

    When every one of the three necessities are met, the installment door then should be associated with the site and to the trader account. This will then consider ongoing charge card handling.
     
  7. tomjoe

    tomjoe Affiliate affiliate

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    payment getaway is used for receive payment on website. if payment getaway add on site then visitor can send money useing his visa card and master card the visitor just type mast card number and pin then he can send money easily
     
  8. Mahaveer Crafts

    Mahaveer Crafts Affiliate affiliate

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    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, bricks and clicks, or traditional brick and mortar.
     
  9. all3web

    all3web Affiliate affiliate

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    The gateway acts as the third party between user interface and merchant, where the online transaction is made. This Money transaction facilitation gateway which doesn't belong to either user or merchant, but a third party.
     
  10. Sankalp Patil

    Sankalp Patil Affiliate affiliate

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    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, bricks and clicks, or traditional brick and mortar.
     
  11. Thoughtgrid

    Thoughtgrid Affiliate affiliate

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    The software that facilitates the communication of transaction information that we called payment gate way.
     
  12. help@o365

    [email protected] Affiliate affiliate

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    DEFINITION of 'Payment Gateway'
    A means of authorizing credit card or other forms of electronic payments. These e-payments can be made online or offline via a website or at an actual brick and mortar retail establishment. Payment gateways help to protect sensitive information like credit card numbers and other account information by encrypting the data they transmit to merchants and payment processors.

    BREAKING DOWN 'Payment Gateway'
    Not all companies that build storefronts or facilitate clients in the usage of shopping carts implement payment gateways. The service providers usually charge the retailer a monthly service charge or take a percentage of all sales, sometimes both.

    Ethan Stark
     
    Last edited by a moderator: Dec 28, 2016
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    T J Tutor

    T J Tutor GM Administrator Certified Vendor Dojo Master affiliate

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    When you copy and paste copyrighted materials, you MUST credit the author!
     
  14. Mark Williams

    Mark Williams Affiliate affiliate

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    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, bricks and clicks, or traditional brick and mortar.
     
  15. Sally1

    Sally1 Affiliate affiliate

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    Thank you so much!
     
  16. Fatima Mohammed

    Fatima Mohammed Affiliate affiliate

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    It is a gateway through which payment can be done to the merchant very easily. Its is normally used by an ecommerce applications service provider that authorizes credit card or direct payments
     
  17. kestrel

    kestrel Banned affiliate

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    Thank you! Very helpful info here, I have to say. Which payment gateways are good these days? Maybe you can recommend me something? I have found some info on them on and I need some more tips and info on this subject
     
    Last edited by a moderator: Nov 2, 2018
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    tyoussef

    tyoussef Moderator moderator Certified Vendor Service Manager affiliate

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    Paypal, Stripe, 2checkout,...AND OTHERs.
     
  19. charlie.mcglynn78

    charlie.mcglynn78 Affiliate affiliate

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    Hi there
    Hi there, it depends on your kind of business. If you are a new one, then you need a payment gateway for high-risk businesses. Also it depends on your location.
    Payline
    eMerchantBroker
    Maybe someone knows any others
     
    Last edited by a moderator: Nov 20, 2018
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