payment gateway

Online checkout intermediary

A payment gateway is the technology that transmits credit card and payment information between a merchant's website and the financial institutions that process the transaction.

It encrypts sensitive data and authorizes or declines payments in real time.

Online retailers, subscription services, and e-commerce platforms rely on payment gateways to handle checkout securely: The store integrated a new payment gateway to accept international cards.

Opposites
transaction facilitation

payment gatewaychargeback

Forced transaction reversal

payment method type

payment gatewaycash payment

Transaction using physical currency

cash on delivery · cash register · money order · barter · wire transfer

commercial infrastructure role

payment gatewaygift

Item given freely

donation receipt · complimentary · pro bono

Family

payment, gateway

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Abstract · Rated G