A payment gateway provides a secure connection between your one and your internet merchant account. It is an e-commerce application service provider that authorizes credit card payments for e-businesses, onilers, bricks and clicks, or traditional brick and mortar. It is the equivalent of a sical point of sale terminal located in most retail outlets. Payment gateways protect credit card details by encrypting sensitive information, such as credit card , to ensure that information is passed securely between the customer and the merchant and also between merchant and the payment processor. A payment gateway facilitates the transfer of information between a payment portal and the Front End Processor or acquiring bank.
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