Payment Gateways
Is There a Difference Between Payment Gateways?
A payment gateway is an ecommerce service that processes credit card payments for online and regular stores. They enable these transactions by connecting an Internet website to the traditional banking network, so that the transaction information can be transmitted to a payment processor. Payment gateways don’t transmit payments (that is the role of payment processors); rather, payment…
Read MorePayment Processors vs. Payment Gateways
When you sign up to accept payment by credit card, all the terms and processes can seem very confusing, but you don’t need to have extensive knowledge of the intricacies of card payment systems to become a merchant. To become a merchant you have to open a merchant account, and once you have a merchant…
Read MoreHow Payment Gateways Work
The simplest way to think of a payment processor is to start with the example of an electronic card reader. These are also known as POS (Point of Sale) terminals. It’s the little device at a store where customers swipe their credit cards. This is the main way to physically process credit cards for retail…
Read MoreA Short Guide to Payment Gateways and ACH Payments
When you first start ecommerce research, It’s easy to get confused. Yes, the information is readily available, but sometimes, it’s puzzling, technical, and even contradictory. For example, you probably know you need a merchant account so that you can accept credit cards from your customers. But then you start to hear about networks, gateways, clearing…
Read MoreChoosing a Payment Gateway
Your merchant account provider will usually provide a payment gateway for you as part of your merchant account. But many merchant account providers will allow you to switch to a different payment gateway if you have special needs, or if you would just prefer a different one. Here are a few recommendations to keep in…
Read MoreThe Difference Between a Virtual Terminal and a Payment Gateway
The payment processing system behind a virtual terminal and a payment gateway both permit merchants to accept credit cards over the Internet. In both cases, the customer card information is passed from either the virtual terminal or the payment gateway in an encrypted format through a complicated network to ultimately reach the customer’s issuing bank…
Read MoreMerchant Accounts vs Payment Gateways
When customers make a purchase online, it’s still a lot like buying something in a physical store in some ways. Your customer selects your item, puts it in their shopping cart, goes to the cashier, makes their payment, and receives their item. The main difference with virtual shopping is, of course, that they don’t need…
Read MoreMerchant Account vs Payment Gateway Explained
If you are confused by all the terms bandied about around accepting credit card payments you are not alone. Many small business owners feel intimidated by all the names and technical terms used in the card payment industry and are not sure if they can keep pace with it all. That is why choosing a…
Read MoreHow does a Payment Gateway Work?
Understanding the logistics of online payments is beneficial if you are looking for credit card processing providers. The terminology used to explain online payment processing can appear baffling, but it really is a straightforward concept. What is a payment gateway? A payment gateway connects a business’s website on the Internet to the banking network. This…
Read MoreChoosing the Best Credit Card Machine For Your Small Business
Knowing what type of equipment or software solution you need to accept credit card payments for your goods or services can be quite confusing. That is why choosing the right merchant account service provider is vital. In the right hands, you will be taken through the various card processing options so that you can find…
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