Merchant Payment Gateway Provider
Merchant Payment Gateway Provider service automates the payment transaction between the shopper and merchant. It is usually a third-party service that is actually a system of computer processes that process, verify, and accept or decline credit card transactions on behalf of the merchant through secure Internet connections. The payment gateway is the infrastructure that allows a merchant to accept credit card and other forms of electronic payment.
With ECcommerce and online shopping increasing at exponential rates, it is essential that your web store is integrated via a payment gateway with your merchant account. Get the payment before you ship!
If you use a credit card to make online purchases, then chances are you have hesitated at least once before submitting your final order. After all, you have no idea how secure your credit card information is as it travels over the Internet. As a merchant, when you sell online it means you participate in an exchange with a buyer who is not physically present, you require a secure method through which to accept credit card information over the Internet, and you need fast and convenient online payment transacting.
A payment gateway will authenticate an online buyer and seller, enable real-time credit card processing online, and protect your card information given over the Internet, by bridging a merchant’s online storefront with the financial institutions that authorize the transactions.
Payment Gateway Provider has reliable applications for your online business in today’s competitive online business environment.