What is a payment gateway and how does it work?
What is a payment gateway?
A payment gateway is the technology that captures and transfers payment data from the customer to the acquirer and then transfers the payment acceptance or decline back to the customer. A payment gateway validates the customer’s card details securely, ensures the funds are available and eventually enables merchants to get paid. It acts as an interface between a merchant’s website and its acquirer.
In other words, a payment gateway works as the middleman between the customer and the merchant, keeping the payments ecosystem rolling smoothly, as it enables online payments for consumers and businesses.
In this video, we take a deep dive into payment gateways and how they work.
If you’re keen on finding out more about payment gateways, read our blog post:
About emerchantpay:
emerchantpay is a leading online, mobile and POS payment service provider. We help businesses of all sizes and sectors accept payments via multiple customer touch points. Our PCI level 1 certified global payment gateway is available through a single integration. We offer multi-currency payment gateway, acquiring, card processing, alternative payment methods, risk and fraud management. With over 16 years of online payment experience, emerchantpay connects businesses with customers across the globe in over 80 countries and 40 currencies.
What are the requirements to become a payment Gateway working Directly with the Visa/Mastercard network? Do I need to work with an acquiring bank?
I NEED 2D OR 3D PAYMENT GATWAY, AS EARLY AS POSSIBLE
can i receive a payment in payoneer if someone paythrough mastercard on my website?
the music made me subscribe
This is inaccurate. Although they have to work together Payment Gateway is not a Payment Processor. 2 different entities.
What is cc avenue integration?
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 etc. Try e.g. Stripe or G2A Pay both really good:)
Very interesting. do you guys provide payments and subscriptions Api gateways??
What if payment fails how payment gateway will find and refund the money back. ?
What is the difference between a PSP and a payment gateway?
Thank a lot for this simple and clear video! Payment gateways are very important for every person who starts his own ecommerce business.
a good video shows the most important things, today the payment gateway is a very good option for those businesses that want to expand their sales. The market is dominated by g2a pay, adyen or stripe
This is an informative video and it is very useful and knowledgeable. thanks for sharing such a good information.
Your information is very interesting. #paymentgateway
very good explanation so nice #merchantstronghold