What's An Online Payment Gateway?

An Online Payment Gateway is an Internet-based portal used for processing card transactions.

Brick-and-mortar Merchants may use an online payment gateway to process card transactions online without a POS terminal or card processing software. Online Merchants must have an online payment gateway to enable their business for eCommerce.

Also called a Virtual Terminal.

Electronic Merchant Systems Payment Processing Glossary :

Defining key payment processing and merchant services industry terms to help business owners make better decisions.




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