What is Payment Gateway?

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

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

Security is a main aspect of all payment gateways as private data such as credit card details need to be safeguarded from fraudulent entities. The card associations have determined security rules that must be followed 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:
7.5
by quote
100%
Email
8.3
by quote
100%
Tickets
8.6
by quote
100%
Email
8.8
By quote
98%
Live support
8.2
$0.30
97%
Tickets
7.7
$29
100%
Email


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