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.

What Is a Payment Gateway & How Does It Work? – 5 mins