Payment gateway is a merchant service offered by an eCommerce application service provider which authorizes credit card or online payments processing for e-businesses, online retailers, and more.
The eCommerce payment gateway integration connects flawlessly to the in-house payment processors such as online banking or credit card networks. In simple terms, payment gateways are the third party between merchants and the consumer that securely deposits the customer's money to the bank account of the merchant.
Please note that the payment gateways are the most important thing that you’d focus on when you decide to work on an eCommerce website. To understand it in simple terms, payment gateways can be compared to a physical POS (point-of-sale) terminal located in almost every outlet. located in almost every retail outlet.
Connectiq is one of the top payment gateway integration service providers that offer a platform for eCommerce service providers. We offer a one-stop solution for processing different kinds of transactions, mainly the ones that are carried out through eCommerce channels. With the help of Connectiq’s gateway, your business can get numerous benefits that include simple credit and debit card transactions of various banks.
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