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Date4/17/2023 5:44:10 AM
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A payment logistics gateway is a platform that facilitates the transfer of funds between two or more parties during an online transaction. It acts as an intermediary between the merchant and the payment processor, handling the various steps involved in the payment process, such as authorization, capture, settlement, and reconciliation. Payment logistics gateways are designed to securely and efficiently manage transactions by routing them through multiple systems, networks, and financial institutions. They typically offer a range of payment options, including credit and debit cards, bank transfers, and digital wallets, and provide features such as fraud detection, chargeback management, and reporting. Payment logistics gateways are essential for online businesses that want to accept payments from customers worldwide and need to ensure that transactions are processed quickly and securely.
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