Payment Industry Consultants

Payment Gateway

A third-party company that creates a secure link between your e-commerce software to your internet merchant account. This allows payments in real time from your online store, in the form of credit card and electronic check payments. This real-time feedback notifies customers immediately on the status of their recent payment and helps automate the transaction, replacing the manual process. The encrypted data sent between the online store and merchant account is secure and reviewed by the customer’s issuing bank to inform the online store whether or not to fulfill the order based on the payment status.

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