Payment Gateway

A payment gateway is an e-commerce application service provider service that authorizes credit card payments for e-businesses, online retailers, bricks and clicks, or traditionalbrick and mortar.It is the equivalent of a physical point of sale terminal located in most retail outlets.Payment gateways protect credit card details by encrypting sensitive information, such ascredit card numbers, to ensure that information is passed securely between the customer and the merchant and also between merchant and the payment processor.

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