All you need to know about Payment Gateway Providers

Payment Gateway Providers Introduction Payment gateway providers are an essential part of the checkout process. They help you accept payments from your customers and send them money directly to their bank accounts, or other payment methods. They also connect you with other services that may be required for accepting online payments like fraud detection systems and merchant account services. The right payment gateway provider can help you offer a seamless checkout experience while keeping your merchant account fees low (or even free). What is a payment gateway provider? The role of a Payment Gateway Providers is to act as a bridge between your website and the credit card processor. Payment gateways can be hardware or software-based, but they all handle transactions in the same way: your customers make an online purchase from you, and then you receive payment from the credit card company (via bank transfer). In other words, if someone purchases on your site using Stripe or PayPal E...