How does a Payment Gateway help in eCommerce business?

[Sara Evans]

Anybody can start an online business with the existing technology and popularity of internet. An e-store can be set up with a wide range of products displayed; but the actual business is initiated only when a customer purchases an item and makes the payment. Therefore, payment plays a vital role in any business, so the most important thing to deal with when developing an eCommerce site is to choose an ideal and reliable payment gateway.
The following are the features that a good payment gateway should have:

• Should supports ‘Authorize & Capture’ and ‘Authorize only & Capture later’ feature
• Refund feature is a must
• Accept major credit cards
• Support multiple currency
• Allow retailers to cancel any unsettled transactions
• Generate reports to keep track of transactions

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[Alice Antony]

Yes, payment gateway act as a link between the website owner and the online shoppers during the payment process in the eCommerce store.

[Sara Evans]

Yes! So it is important to choose a good and reliable payment service.

[James Gordon]

A good payment gateway should provide a full protection to the customer credit card details and also to offer the best checkout experience.

[roysumit32]

Cartpay Inc: is a online payment gateway provider for all types of Business. eCommerce business is the big area, where payment gateway is needed...

Payment Gateway for Tech Support

[Sara Evans]

Came across this payment service provider while browsing... planning to use this service. Just have a look and feel free to give your suggestions.

[James Gordon]

I think you can use PayPal payment gateway service provider for your business. It will offer a secure and fast payment transaction services.

[JoMatt]

Use Authorize.Net payment gateway for processing online payment transactions. It is one of the most secure payment gateway service provider. It makes your customer feel safe and encourage them to do more business with you.

[jamesadamcs]

Payment Gateway act as a bridge that connects online ecommerce store with payment transactions. It provides safest way to do transfer in online. There are many no's of secure payment gateway etensions available in market sum of them are free to use and commercial also provided.

Here is the one which I know and that's free you can check it here right now:
Free Payment Gateway from First Data ICICI

[jaclyn]

Payment gateway is a web-based service that integrates into an e-commerce website’s shopping cart and collects payment information provided by customers at the check-out. It is most important for ecommerce website.

[Anilek]

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[katejohn304]

By integrating with a website/app, it helps validate the transaction credentials and authorizes the transfer of funds between the buyer and the seller, and makes it possible to make/accept online payments. One of the most obvious examples, PayPal is considered to be the most popular payment gateway in the world.