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How to Accept Online Payments?

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

A payment gateway is an e-commerce application service provider service that authorizes payments for e-businesses, online stores, bricks and clicks, or traditional offline. It is the equivalent of an actual point of sale terminal positioned in most retail outlets. Online Payment Gateway protects charge cards details encrypting sensitive information, for example credit card numbers, to ensure that information passes securely involving the customer and the merchant and in addition between merchant and payment processor.

open e commerce website india - A online payment gateway facilitates the transfer of information between a payment portal (such as a website, mobile phone or IVR service) and also the Front End Processor or acquiring bank. When a customer orders a product 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 delivered 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.

payment gateway provider india - A online payment gateway is an e-commerce service that authorizes payments for e-businesses an internet-based retailers. It is the equal of a physical POS (point-of-sale) terminal situated in most retail outlets. A merchant 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 Alternative party payment gateways. The gateway usually has 2 components: a) the virtual terminal that will allow for a merchant to securely login and input credit card numbers or b) possess the website's shopping-cart connect to the gateway via an API to allow for real time processing from the merchant's website.

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