Payment gateway india, is a web based system that allows end users to make the payment at the ecommerce stores through credit cards / debit cards and net banking. Payment gateways are offered by different banks and other dedicated payment processors. It is basically a service provided by a billing processor, which allows credit card information to be collected and passed over the internet. A Payment Gateway can be understood as a digital equivalent to a credit card processing terminal. Payment gateways also provide merchants with transaction management, reporting, and billing services. An e-commerce service required to process credit cards over the Internet. The gateway encrypts the data to and from the merchant account and delivers the results to its final destination.
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