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Understanding the Role of eCommerce Payment Gateways

A payment gateway is an ecommerce based service provider that facilitates payment made via credit cards for regular brick and mortar business, online retailers, e-businesses or bricks and clicks.  It makes possible the information transfer between an acquiring bank or a front end processor and a payment portal like a website, mobile phone etc. If…

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What are the different roles of payment processors?

“Payment processing” refers to the services and processes that automate transactions of payments between a merchant and a shopper. It is mostly a third party service system that computer processes, verifies and declines or accepts payment through a credit card on behalf of the business owner via a secure Internet connection. As the ability to…

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