How does an online payment gateway work?

[cureyourhair]

How does an online payment gateway work?

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[vishnu]

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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[Rahul8827]

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.

[Tereza]

Hi, how the gateway works from the inside, I can not name the technical aspect. But when I paid for the rent of cars in Ukraine https://ukr-prokat.com/pl/wynajem-samochodow/kijow.m. I just received bank details, I paid them and all . Very easy and simple.

[Colins]

I, too, in online mode pay for everything, it's very convenient. You do not need to carry a lot of money and trifles with you.

[Colins]

It's not convenient that they can be blocked by these cards.

[Tereza]

I'm probably lucky and have never blocked anything, and all online payments were fine.

[hemendrasingh]

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

[govind_gautam]

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.