100% web-based payment process manager revolutionizes physical stores to deliver excellent customer service.
A payment gateway is a technology platform that acts as an intermediary between stores, virtual marketplaces, and financial institutions, facilitating electronic payment transactions.
It serves as a bridge, enabling communication between an e-commerce site and payment processing systems, ensuring the secure and quick transfer of financial information during online transactions.
Its primary function is to process and authorize electronic payments, acting as a virtual terminal. Key services provided by a payment gateway include the ability to accept various payment methods, such as credit cards, debit cards, boleto, digital wallets, and even cryptocurrencies.
Additionally, it provides robust security features, like data encryption, to protect the financial information of customers and sellers during transactions.
It also offers integration with e-commerce systems, providing a seamless shopping experience on sales sites.
How does this benefit your organization?
A payment gateway streamlines and speeds up payment processes, providing convenience for both customers and sellers. This leads to higher conversion rates through an enhanced shopping experience.
The security offered by the payment gateway helps reduce the risk of fraud and increases trust among customers, which can lead to a better reputation and customer loyalty for the company.
