Payment Gateway refers to an e-commerce service that authorizes payments for e-businesses & online retailers. In a way, it represents a physical POS (Point-of-sale) terminal located at most retail outlets. Payment gateways encrypt sensitive information, such as credit card numbers, to ensure that information passes securely between the customer and the merchant.
The Payment Gateway is needed to be acquired by the owner of the site and the integration of the same in to the website is performed by us. There exists various types of Payment Gateways, some of which are mentioned below & since it requires varying amount of effort in integrating; so cost for integration of each Payment Gateway varies accordingly, starting from the minimum amount of Rs 5000/-.Working of Payment Gateway :
Though it may sound simple but actually the entire working of a payment gateway comprises of multiple complex steps; a brief of which is given below: -
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