Payment Gateway refers to an e-commerce service that authorizes payments for e-businesses & online retailers. It represents a physical POS (Point-of-sale) terminal located at most retail outlets. Payment gateways encrypt sensitive information, such as credit card numbers, to ensure that information passes securely between the customer and the merchant.
The Payment Gateway is needed to be acquired by the owner of the site and the integration of the same in to the website is performed by us. There are various types of Payment Gateways, some of which are mentioned below & since the complexities involved varies in integrating the cost of integration of each Payment Gateway varies accordingly.