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Payment Gateways
Essential Level
IT Term
Related Post
Payment Gateways
Payment Gateways are digital systems that authorize and process online transactions between customers and businesses. They are secure bridges that transfer payment information from a website or app to the financial institutions involved.
These tools ensure that sensitive information, like credit card numbers or digital wallet details, is encrypted and safely delivered. Once a transaction is verified, the payment gateway informs the business and the customer of the outcome. Popular examples include PayPal, Stripe, and Square, which are often integrated into e-commerce platforms and mobile apps. Payment gateways are vital for online shopping, mobile payments, and subscription services, making digital commerce possible and secure.
Full Profile
- Key Aspects
- Connection Between Systems
- Security Measures
- Supported Payment Methods
- Integration with Platforms
- Compliance and Authentication
- Conclusion
- What Is a Payment Gateway & How Does It Work? – 5 mins
What Is a Payment Gateway & How Does It Work? – 5 mins
