In simple terms, a payment gateway is a network through which your customers transfer funds to you. Payment gateways are very similar to the point-of-sale terminals used at most brick and mortar stores. When using a payment gateway, customers and ...

1. Convenience When you integrate with a payment gateway, it means that your customers can make purchases at any time, whether you’re minding the store or not. Allowing your customers to shop at their leisure adds convenience for them...

Using payment gateways severely reduces the risk of credit card fraud for three main reasons: 1. The customer’s card information is securely transmitted to the payment gateway. This means that only the customer and their issuing bank ...

A merchant account is a separate bank account that businesses use for their receivables. During a transaction, your customer’s payment is initially transferred to your merchant account, where it stays until you move it to your business’...

When a business charges a customer for a purchase, a payment processor is the service that authorizes the customer’s card details to make sure that they have enough funds in their account to pay. If they do, then the payment processor author...

Step 1 When accepting online payments, start by setting up your website and connecting it to a payment gateway. Step 2 Your customer makes a purchase from your website by clicking your payment...

Yes, payment gateways charge a certain percentage of the transaction amount as their fee. This ‘fee’ is not fixed and can vary from one payment gateway to another....