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.What is the gateway for merchant processing?
A merchant payment gateway is a software system that authorizes payments for online merchants and businesses. It is often viewed as the Internet equivalent of a point-of-sale terminal, or cash register, found in retail outlets. The purpose of the system is to ensure that information exchanged between...What is a payment gateway and merchant account?
Merchant accounts are the types of bank accounts that authorize merchants to accept credit or debit cards payments online. These accounts are required if you want to use a payment gateway to process transactions from your website. It's worth noting that merchant accounts are often called MIDs (or merchant IDs).What is a merchant portal?
The Merchant Portal is user friendly and you can easily navigate to find the information and figures you seek. Searches can be performed on single transactions or at a batch level, and the result can be presented for the entire store chain or single stores.