A Gateway is an e-commerce service that authorizes payments for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. It is the equivalent of a physical point of sale credit card terminal located in most retail stores. Gateways protect credit card and details encrypt sensitive information, such as credit card numbers, to ensure that information passes securely between the customer and the merchant and also between merchant and payment processor (the merchant account).
Why Do I need one?
It allows you to perform ‘real-time credit card processing’ in conjunction with your online shopping cart program. You can log in to your gateway to manage manage your credit card charges through your browser including inputting credit card charges, viewing charges, processing returns, reporting, and performing searches. Your gateway literally replaces the ‘keypad’ or ‘swiping device’ that you see in most brick and mortar businesses and is essentially a virtual credit card terminal. Fraud protection is performed by the gateway, which helps your business minimize fraudulent orders.
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