A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payments processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. The payment gateway may be provided by a bank to its customers, but can be provided by a specialised financial service provider as a separate service, such as a payment service provider.
A payment gateway facilitates a payment transaction by the transfer of information between a payment portal (such as a website, mobile phone or interactive voice response service) and the front end processor or acquiring bank.
Introduction to Online Payments
Without the creation of a secure method for moving sensitive data the ability to conduct online commerce could not have happened. Today there are many gateway providers serving up diverse solutions to its customers. Especially after the ban on Rs 500 and Rs 1000 old notes, people are looking into using digital payment methods for […]
Modes of Online Payment
Credit cards – The easiest form of electronic money that is available and most widely used today. There are several million credit cards that are being used to make online payments in India. Many international sites and mobile commerce sites allow you to pre-store your credit card number securely so that you don’t have to […]
How Do Online Payments Work for a Business
WHAT IS A PAYMENT GATEWAY? A payment gateway facilitates a payment transaction by the transfer of information between a payment portal (such as a website, mobile phone or interactive voice response service) and the front end processor or an acquiring bank. In simple steps, a payment gateway: Captures the credit card transaction Encrypts the transaction […]
Choosing the Right Payment Gateway for your Business
Choosing the right gateway takes a little time, but we’ve found a few ways to narrow down your options and make the process of choosing a little easier. Let’s explore how you can find the best payment gateway so you can get back to focusing on what matters more. The first and foremost requirement for […]
Payment Gateways with WordPress Plugins
List of WordPress plugins for payment gateways 2Checkout Airpay Amazon Payments Atom Paynetz CCAvenue CCNow CitrusPay EBS Instamojo Paytm PayUBiz PayUMoney Payza Razorpay SignetPay Telr Zaakpay Paypal India
How to Apply for a Payment Gateway
The documents differ for different kind of companies. However, most of the KYC documents remain the same. But here are a list of the main documents, usually required to apply for an online payment gateway. PAYMENT GATEWAY DOCUMENT REQUIREMENTS Photo ID Proof (Signing Authority ) Office Address Proof Own Property – Electricity bill Rent Property […]
How To Integrate a Payment Gateway with WordPress
Step 1: Sign up with a PG by submitting documents Step 2: Once approved, you will receive an integration kit and merchant payment dashboard credentials. Step 3: Share the PG details with your developer Step 4: If the PG has an officially supported plugin for WordPress, the developer will install it, configure with the merchant […]