What is Payment Gateway

A payment gateway is a technology that allows businesses to accept payment online or in-store through the secure transmission of transaction information between merchants, customers, and banks. It serves as a bridge between the merchant's site and the payment processor, making sure the security of payment information is processed securely. Payment gateways can accommodate a variety of payment options such as credit/debit cards as well as digital wallets, they are essential to ensure seamless and safe online transactions.