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How does an online payment gateway work?

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    Payment gateways serve as the “middle man,” handling business between merchants and customers. Serving in a role that securely withdraws the funds for a transaction from customers and deposits them into merchant's bank account. A payment gateway is a digital version of the physical point of sale (POS) terminals located in almost all of today’s retail outlets.


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    Hello, Payment gateway work as a intermediate tool b/w customer and bank as same as, In Bulk SMS API, Vendor is Intermediate b/w Customer and Operator.

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    I also want to know the information about Payment Gateway. Thank You so much for sharing this Valuable information with us.

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    payment Gateways are Intermediate between Merchant and Customers, You can use them to make a transaction into bank a/c., You can pay and receive money from Any bank a/c using a Payment gateway.

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    An installment door is a dealer administration given by a web based business application administration ... This could be a record with the obtaining bank if the shipper does their keeping money with a similar bank, or a record with another bank. The whole

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    The Payment Gateway
    It seamlessly connects to e-commerce or in-house payment processor for examples, credit cards processing networks or online banking. Payment gateway is a third-party between merchants and customers that securely take the money from customers and send it to merchant's' bank account.

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    An installment entryway is a web based business application that approves installments for e-organizations, online retailers, blocks and ... How Do Payment Gateways Work...

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    Image result for How does an online payment gateway work?
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    With an internet payment gateway, you can process credit card orders from your website in real time. ... The payment gateway then captures the credit card transaction, encrypts the transaction information, routes it to the credit card processor and then returns either an approval or decline notice.

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    Thank you for detailed explanations. I want to found an online startup and I try to find out more about finances since my major at college wasn't related to it. Also, I search for information about different credit cards. Here you can read more about one of them and its pros and cons. I hope I'll be able to understand all this stuff someday.

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