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What is Payment Gateway?

Payment Gateway is a software that allows a merchant to accept credit card and other forms of electronic payments. Payment gateways help to protect sensitive information by encrypting the data they transmit to merchants and payment processors.
A bank may offer a payment gateway to its customers, but it can also be offered separately by a specialised financial service provider, such as a payment service provider.

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eCommerce Glossary

What is Payment Gateway?

Want to read more on this topic? Check out our related resources:

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Whitepaper :

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