Payment gateway is a service or you can say an interface which allows users to process their credit transactions. There are many payment gateways available which provides different services with one thing is common in them that all gateways are exists to process payment transactions.
Payment gateway is necessary in the online business. Lets say when you go to any store and pay them for your purchase with your credit card using machine, payment gateway allow same thing that customers provide their credit card numbers in a secure page to purchase products online.
When customer browses through any website offering products or services and finds useful service or product he/she place the order through online secure payment source using his/her credit card. Then the data entered by user like credit card number, expiry date, cvv numbers etc… sent to appropriate bank and on successful process the money is transferred from customer’s account to company account whose product sold. With using payment gateway customers can also pay on specific period of time like monthly, annually, weekly, etc… using recurring payment options.
Online shopping using e-commerce services are increasing day by day with benefits like lower product prices, smart deals, wide range to choose from, etc… Now a days electonic transfer of money is preffered due to great security and assurity provided by payment gateways.
We at webconfines can integrate payment gateways into your business website at a very affordable price. To provide your customers online payment options to purchase your products or services just let us know about your business and preffered payment options and leave rest of work on us.
The list above is describing popular payment gateways, if you need to integrate any other payment gateway which does not appear on above list then do not worry we can integrate any payment system into your website with ease.
Along side with payment gateway integration you need a merchant account, it is like a bank account of company or firm for the settlement of transactions. Any company or firm wants to take payment online must have a merchant account. Some of them are free and some are paid. If you have no idea then feel free to contact us we can guide you to find the right place according to your needs.
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