A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payments processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar.

Payment gateways help consumers to easily make payments to merchants or easily send money to their friends, family or any other associates. Keeping the data and reporting regularly, payment gateways also help merchants to grow their customer base and reach alike consumers as well.

 

What is the Role of a Payment Gateway?

 

Payment gateway services are utmost for taking care of all the credit cards online. It is a comparable procedure as a point of service (POS) device does when you pay for your petrol. The primary role of the payment gateway is to support the transaction between you and your clients. Remember, without a payment gateway’s approval, the transaction procedure will not complete, and you won’t get the cash.

 

How to use a payment gateway?

 

Payment Gateway can be integrated with the website/app as a checkout and payment button. It is a technical process for which these days the payment gateway companies provide ready Plugins, SDKs and modules making the whole thing very easy.
You need not worry if you do not have a website, you can still provide a checkout to your customers through payment links and master links. These links are copy/paste thing, can be sent to the customers through any mode like messenger, chat, social media, etc.