Payment gateway

Payment gateway, also known as a gateway, serves as an intermediary that facilitates the flow of information and transactions between different systems. It acts as a bridge between merchants, , and financial institutions, enabling the and of electronic payments.

Payment gateways play a crucial role in securely transmitting transaction data, encrypting sensitive information, and ensuring compliance with payment card industry standards. They provide merchants with the infrastructure to accept various payment methods, including payment cards, , and .

Payment gateways also play a vital role in reducing the complexities associated with payment processing, offering a unified interface for businesses to manage transactions. The effectiveness and reliability of payment gateways contribute to the overall efficiency and security of electronic payment ecosystems.