PayCaps Payment Gateway Blog

  What is a Payment Gateway and its  Functionality ?  А  payment gateway  is the mechanism that helps with capturing and transferring payment data from the customer to the acquirer. A payment gateway ensures a smoother transaction of payments, enabling online payments for consumers and businesses. An  online payment gateway  is being explained as the “virtual” equivalent of a credit/ debit card reader. Today the majority of businesses accept online payments which require a payment gateway to facilitate the process. A payment gateway is being explained as the “virtual” equivalent of a credit/ debit card reader. Due to an increase in online frauds, businesses look for the most reliable  payment gateway providers  that help lower your risk and protect the business by encrypting transactions, cross-checking addresses, or other details. Payment Gateway Features and Functionality With several payment gateways available in the market, businesses nee...

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