A payment gateway is an e-commerce application service provider that authorizes payments between a merchant and the customer, typically for online shopping. It is the equivalent of a physical point of sale terminal located in most retail outlets.
Payment gateway services protect credit card details by encrypting sensitive information like credit card numbers, account numbers, and expiration dates.
A payment gateway allows your online store to accept credit card payments from customers. When a customer places an order on your website, the payment gateway processes the payment and transfers the funds to your merchant account.
Payment gateways are an essential part of doing business online.
They provide a secure way for customers to pay for goods and services using their credit cards. They also protect businesses from fraud by encrypting sensitive information like credit card numbers, account numbers, and expiration dates.
There are many payment gateway providers to choose from, and each has its own features and pricing plans. When choosing a payment gateway for your online store, be sure to compare features and prices to find the best fit for your business.
What Is Payment Gateway in WooCommerce?
Payment Gateway is an e-commerce application service provider that authorizes payments between a merchant and the customer, typically for online shopping. Payment gateway services protect credit card details by encrypting sensitive information like credit card numbers, account numbers, and expiration dates.
A payment gateway allows your online store to accept credit card payments from customers.
Payment gateways are an essential part of doing business online.
There are many payment gateway providers to choose from, and each has its own features and pricing plans.