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How to Accept Online Payments?

e commerce platform india - To accept payments online you need a relationship with a payment gateway. A Payment Gateway is a service that authorizes and processes payments for online stores in real-time. It is the equivalent of a physical POS (Point-of-sale) terminal located in most retail outlets. Payment gateways encrypt sensitive information, such as credit card numbers, to make sure that information passes securely between the customer and the merchant.

A repayment gateway is an e-commerce application service provider service that authorizes payments for e-businesses, online stores, bricks and clicks, or traditional brick and mortar. It is the equivalent of a physical point of sale terminal situated in most retail outlets. Online Payment Gateway protects bank cards details encrypting sensitive information, such as credit card numbers, to ensure information passes securely between your customer and the merchant as well as between merchant and payment processor.

sell things online india - A online payment gateway facilitates the transfer of information between a payment portal (for instance 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 a variety of tasks to process the transaction:

Many payment gateways provide tools to automatically screen orders for fraud and calculate tax live prior to the authorization request being sent 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.

build your own website store india - A online payment gateway is surely 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 positioned in most retail outlets. A forex account provider is typically a separate company from the payment gateway. Some credit card merchant account providers have their own payment gateways but the majority of companies use 3rd party payment gateways. The gateway commonly has 2 components: a) the virtual terminal that will allow for a merchant to securely login and key in credit card numbers or b) hold the website's shopping-cart connect to the gateway by using an API to allow for real time processing from the merchant's website.