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What Is Payment Gateway In E-Commerce?

WHAT IS A PAYMENT GATEWAY?

A Payment Gateway in E-commerce is a Payment processing solution utilized by online shopping website. It coordinates between the merchant and the acquiring bank. The Payment Gateway is offered by a Payment Service Provider and it offers a secure environment for the financial transaction.

There are various payment options available for e-commerce websites like Credit debit Card Solution, Echeck Solution, Bitcoins, Bank Wire, Vouchers and Check by Mail.

Bankim Chandra

Bankim Chandra is a Merchant Account consultant. He works with merchants globally and helps businesses in getting reliable payment processing solution. He writes extensively on the internet about Payment Gateways, Credit Card Processing, Echeck Processing, Chargeback Alerts, ACH and Business Funding.