What is Payment Gateway?

A payment gateway is a software application that acts as a channel between an e-commerce seller’s website and the bank that processes a customer’s credit card transaction. A payment gateway can also process transactions using methods such as eCheck (ACH) payments and debit cards. The main function of the payment gateway is to securely transmit the buyer’s sensitive credit/debit card and bank account data to the issuing bank and other entities involved in the transaction.

Payment gateways transmit transaction data to acquiring banks and responses from issuing banks about whether a transaction is accepted or declined. In short, payment gateways aid communication between banks.

Security is a main element of all payment gateways as confidential data such as credit card numbers need to be sheltered from fraudulent parties. The card associations have stipulated security rules that must be adhered to by all parties with access to card data including gateways.

List of Payment Gateway Software Companies

Product name:
Category:
Smart
Score:
Price:
User
Satisf.
Support:
9.0
by quote
99%
Phone
8.2
by quote
100%
Phone
8.7
by quote
100%
Email
9.0
by quote
98%
Email
7.0
$5
94%
Tickets
8.5
£13
95%
Email
8.9
by quote
N/A
Tickets
8.6
by quote
97%
Phone
8.8
£19.95
94%
Training
9.0
by quote
82%
Phone
8.9
by quote
93%
Tickets
9.0
by quote
100%
Live support

Page last modified

Selected products (0)