Payment Gate Way Integration for the Online Merchants

Payment Gate Way Integration for the Online Merchants Payment gateway is the service to process credit card transactions for the online customers, these gateway transactions are offered by different banks and payment processors, this gateway services... More

Payment Gate Way Integration for the Online Merchants Payment gateway is the service to process credit card transactions for the online customers, these gateway transactions are offered by different banks and payment processors, this gateway services different from various account, Payment gateway transaction refers and used for e-commerce services and online retailers, this gateways encrypt sensitive information, such as credit card numbers, information passes securely between the customer and the merchant. TWO KINDS OF PAYMENT GATEWAYS 1. PAYMENT GATEWAYS THAT REQUIRE MERCHANT ACCOUNT 2. PAYMENT GATEWAY THAT DOES NOT REQUIRE A MERCHANT ACCOUT PAYMENT GATEWAYS THAT REQUIRE MERCHANT ACCOUNT: We can apply merchant account in local bank or else third party companies Benefits: • You can get competitive rates ie profit more • your company will reflect on the credit cards of your customers • Built-in shopping cart • Integration of your websites Disadvantages: • This kind of payment take Less