what are payment gateway?

[Dam Ponting]

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-businesses, online retailers, bricks and clicks, or traditional brick and mortar.

[lishmalinyjames]

the payment gateway works as the middleman between your customer and the merchant, ensuring the transaction is carried out securely and promptly.

[colby65]

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-businesses, online retailers, bricks and clicks, or traditional brick and mortar.

[lishmalinyjames]

Payment gateways let you accept credit card payments (in person or online) by transferring money between your merchant account and a payment processor through a credit card terminal or processor.

[viktorlovisa]

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-businesses, online retailers, bricks and clicks, or traditional brick and mortar The payment gateway may be provided by a bank to its customers, but can be provided by a specialised financial service provider as a separate service, such as a payment service provider.

[sinelogixtech]

The default payment gateway you choose will be used to process payments for your customer accounts unless the customer account is set up to use a specific payment gateway (under the customer account > billing and payment Info > payment gateway field).
in simple word The Top Payment Gateway. Accept Payments As Easy As Your Customers Send Them.

[lishmalinyjames]

A payment gateway is the simplest way for a business to collect digital or online payments from their website or app.

[lishmalinyjames]

A payment gateway is a technology used by merchants to accept debit or credit card purchases from customers.

[dazzle]

A payment gateway is the mechanism that reads and transfers payment information from a customer to a merchant's bank account.

[ameliawilliam]

The recent growth of online payments is a testament to how crucial payment gateways are for your business.

Payment gateways are services that process your business’ card transactions. They’re an asset to your business because they ensure safe and smooth transactions, and reduce losses associated with late payments.