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How to Accept Online Payments?

online storefront solutions india - To just accept payments online you will need a relationship with a payment gateway. A Payment Gateway is a service that authorizes and operations payments for online stores 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, 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 supplier service that authorizes payments for e-businesses, trusted online retailers, bricks and clicks, or traditional brick and mortar. It is the equivalent of an actual point of sale terminal positioned in most retail outlets. Online Payment Gateway protects bank cards details encrypting sensitive information, for example credit card numbers, to ensure information passes securely involving the customer and the merchant and also between merchant and payment processor.

create your online shop india - A online payment gateway facilitates the change in information between a payment portal (for instance a website, mobile phone or IVR service) and the Front End Processor or acquiring bank. When a customer orders a product from a payment gateway enabled merchant, the payment gateway performs a number of tasks to process the transaction:

Many payment gateways also 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.

e commerce platforms in india - A online payment gateway is surely an e-commerce service that authorizes payments for e-businesses and online retailers. It is the equal of a physical POS (point-of-sale) terminal located in most retail outlets. A forex account provider is typically a separate company from the payment gateway. Some merchant account providers have their own payment gateways nevertheless the majority of companies use 3rd party payment gateways. The gateway normally has 2 components: a) the virtual terminal that can allow for a merchant to soundly 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 in the merchant's website.