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Online Payment Gateway – A Brief Overview

An online payment gateway provides the most versatile method for processing sales. From any online computer terminal you have the ability to process transactions quickly and securely, without the need for any specialized hardware.

A payment gateway is a private website, accessible only with your private username and password, through which the merchant enters all of the customer’s pertinent credit card information: name, address, billing address, and of course, credit card information. Everything is entered into the Gateway’s online forms, clear templates and is very easy to use. It then verifies the purchaser’s information and completes the transaction. You can also look for best online payment providers in uk via https://omni-pay.com/payments-online/

Of course, you need proof of every transaction. That’s why email confirmations are automatically generated as receipts, detailing every sale just as a traditional paper receipt does.

These are sent to the purchaser and to the merchant for record keeping. In addition, a payment gateway sends the merchant a summary of the day’s batch (total transactions), providing you with a clear and useful record of account activity.

Plumbers, trade-shows, locksmiths, estimators, and a host of professions don’t sit behind a desk all day and payments don’t wait. If your sales are mobile, your transactions have to be as well.

A Payment Gateway has the distinct advantage of enabling you to process transactions anywhere you have access to internet. This could be by means of broadband service, cable, WiFi, or mobile broadband. Not only that, but it requires no special hardware: your laptop, or even your mobile phone’s web browser, gets the job done.

The Payment Gateway is also scalable for multiple points of sale. For example, very often special events like concerts or fundraisers require multiple entry-points or sale-points.

Payment Gateways are perfect for this purpose because you can be running five laptops, on one gateway with one central way of tracking all transactions.

Customization options of your online Payment Gateway gives added flexibility, features, and security. You can add a link to your business website for customers to make their own purchases.