A payment gateway focuses on creating a secure pathway between a customer and the merchant to facilitate payments securely. It involves the authentication of both parties from the banks involved.We will do Secure WordPress Payment Gateway integration for stripe, PayPal, Braintree, skrill, Authorize.Net, 2Checkout.com etc.
WordPress Payment Gateway integration
A payment gateway is the simplest way for a business to collect digital or online payments from their website or app.
Online payments have become a part of our daily lives in no time. We’re transacting online not only through debit or credit cards but through numerous other modes like UPI, net banking and wallets as well.
Paying online is a fundamental feature that every e-commerce platform in the world offers. And they can provide this facility by integrating with a payment gateway.
A payment gateway is what keeps the payments ecosystem rolling smoothly, as it enables online payments for consumers and businesses. If you’re an online merchant, you don’t need to be a payment gateway expert, but it’s worth understanding the basics of how an online payment flows from your customer to your bank account.
What is Payment Gateway?
The definition of a payment gateway is the technology that captures and transfers payment data from the customer to the acquirer and then transfers the payment acceptance or decline back to the customer. A payment gateway validates the customer’s card details securely, ensures the funds are available and eventually enables merchants to get paid. It acts as an interface between a merchant’s website and its acquirer. It encrypts sensitive credit card details, ensuring that information is passed securely from the customer to the acquiring bank, via the merchant.
An online payment gateway (PG) is a tunnel that connects your bank account to the platform where you need to transfer your money. A PG is a software that authorizes you to conduct an online transaction through different payment modes like net banking, credit card, debit card, UPI or the many online wallets that are available these days.
A PG plays the role of a third party that securely transfers your money from the bank account to the merchant’s payment portal.
To explain this in simpler terms, at the time of buying a book from a popular digital platform like Flipkart, when you make the payment for the book, a payment gateway helps you in the process by transferring your money to Flipkart.
A payment gateway focuses on creating a secure pathway between a customer and the merchant to facilitate payments securely. It involves the authentication of both parties from the banks involved.
The most significant advantage of a payment gateway is the fact that it allows millions of users to use it at the same time, making it possible for you to purchase or sell goods and services whenever you want.
Choosing the best payment gateway provider for your e-commerce website is a tedious process. While choosing, you should ensure that customer payment experience is smooth, fast and secure. This helps to increase the trust among the customers and come back to purchase other products or services in future.
Here are four factors to consider before selecting the payment gateway:
- Payout time
- Ease Of Website Integration
- Multi- currency
We will do Secure WordPress Payment Gateway integration for stripe, PayPal, Braintree, skrill,Authorize.Net, 2Checkout.com etc.
Or you face any kind of WordPress Errors we are here to solve that, you can hire us.
WordPress Payment Gateway integration, WordPress Payment Gateway integration, WordPress Payment Gateway integration
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