Understanding Payment Gateways: Functionality and Process

What is a payment gateway?

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.

In other words, a payment gateway works as the middleman between the customer and the merchant, keeping the payments ecosystem rolling smoothly, as it enables online payments for consumers and businesses.

In this video, we take a deep dive into payment gateways and how they work.

If you’re keen on finding out more about payment gateways, read our blog post:
https://www.emerchantpay.com/insights/what-is-a-payment-gateway-and-how-does-it-work/

About emerchantpay:
emerchantpay is a leading global payment service provider for online, in-app and in-store payments. Our global payments solution is available through a simple integration, offering a wealth of features, including global acquiring, alternative payment methods, fraud and risk management, card issuing, an in-house eWallet solution and performance optimisation. We enable businesses everywhere to create a seamless and engaging payments experience for consumers anywhere.