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How to Accept Online Payments?
build an online store india - To simply accept payments online you need a relationship with a payment gateway. A repayment Gateway is a service that authorizes and operations payments for online retailers in real-time. It is the equal of a physical POS (Point-of-sale) terminal located in most retail outlets. Payment gateways encrypt sensitive information, such as credit card numbers, to ensure that information passes securely between your customer and the merchant.
A payment gateway is an e-commerce application supplier service that authorizes payments for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. It is the equivalent of a physical point of sale terminal positioned in most retail outlets. Online Payment Gateway protects bank cards details encrypting sensitive information, including credit card numbers, to ensure that information passes securely involving the customer and the merchant and in addition between merchant and payment processor.
build online shop india - A online payment gateway facilitates the change in information between a payment portal (such as a website, mobile phone or IVR service) and the Front End Processor or acquiring bank. Each time a customer orders an item from a payment gateway enabled merchant, the payment gateway performs many different tasks to process the transaction:
Many payment gateways offer tools to automatically screen orders for fraud and calculate tax live prior to the authorization request being shipped to the processor. Tools to detect fraud include geolocation, velocity pattern analysis, delivery address verification, computer finger printing technology, identity morphing detection, and basic AVS checks.
online e commerce websites in india - A online payment gateway is an e-commerce service that authorizes payments for e-businesses and online retailers. It is the equivalent of a physical POS (point-of-sale) terminal located in most retail outlets. A free account provider is typically a separate company from the payment gateway. Some merchant card account providers have their own payment gateways nevertheless the majority of companies use 3rd party payment gateways. The gateway commonly has 2 components: a) the virtual terminal that may allow for a merchant to soundly login and input credit card numbers or b) hold the website's shopping-cart connect to the gateway via an API to allow for real time processing from your merchant's website.
