what are payment gateway?

[addisoncave]

Guys,
I want to ask a question. When i was booking my train travel, in the time of payment it say to choose my bank and if my bank is not in the list then he ask me to choose over payment gateway. Now I want to know what these payment gateways are and how they are different from bank payment (both use debit card but in case of bank we need bank's debit card).

[amyjohncse]

paypal is the best one for all

[RH-Calvin]

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.[1] 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.

[ORLOVA]

In simple terms, Any software that facilitates the communication of Transaction information.

[stuartspindlow0]

A payment gateway is a server that is dedicated to linking websites and banks so that online credit card transactions can be completed in real-time.

[jankosoft]

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.

[kanaktrades]

The payment gateway may be given by a bank to its customers, but can be given by a specialized financial service provider as a separate service.

[stuartkspindlow]

A payment gateway is a software application that payment service providers use to process payments for online purchases, originating on a merchant’s web site.

[ArkPresentation]

Payment gateway allows you to process credit card orders from your website in real time.

[Dam Ponting]

Payment gateway is work like a Payment Gateways are software and servers that transmit Transaction information to Acquiring Banks and responses from Issuing Banks (such as whether a transaction is approved or declined). Essentially, Payment Gateways facilitate communication within banks.

[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.

[seoulescort8]

i think PayPal is the best, yes its takes some extra

[Astyork]

Payment gateways are digital platforms that securely facilitate transactions between buyers and sellers over the internet. They encrypt sensitive information, authorize payments, and ensure funds are transferred safely between parties.