FeaturesStoring Payment Information,Encrypted Payment Information Transmission
Description\\\\n \\\\nPayment Gateway Integration Services\\\\n\\\\nAs per the Wikipedia, 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-commerce, online retailers, bricks and clicks, or traditional brick and mortar businesses. It’s basically a conduit between an E-commerce website and the bank that authorizes a customer’s card payment. The main role of a payment gateway is to authorize transactions between you and your customers. A payment gateway facilitates the transfer of information between a payment portal and the front end processor.\\\\n\\\\nThe gateway process follows these steps.\\\\n\\\\nStep 1: The customer places an order and enters their payment information. Once this info has been submitted, it is encrypted and then sent.\\\\nStep 2: The encrypted data is first sent to the merchant’s processor. The processor is simply the company that actually processes the transactions.\\\\nStep 3: The processor then routes the transaction data to the credit card association. These card associations charge an ‘interchange fee’ for each transaction.\\\\nStep 4: On this step, the transaction is approved or denied. The card should have enough funds and should be valid for further process.\\\\nStep 5: Once the transaction is authorized, the issuing bank then transmits the authorization back to the parties in the payment processing network. Finally, the process makes its way to the e-commerce site from where the process initiated.\\\\nPayment Gateway Integration Services | Payment Gateway Integration Agency\\\\nPayment Gateway Integration Services | Payment Gateway Integration Agency\\\\nPayment Gateway features:\\\\nStoring payment information so that customer doesn’t have to re-enter their information.\\\\nSensitive payment information is encrypted before transmitting it to the processing bank.\\\\nMaximum payment options\\\\nMultiple currency processing\\\\nSimple and quick checkout\\\\nUser-friendly and speedy in processing\\\\n
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