Payment Gateway is a software or server that transfers information to acquiring banks and responses from issuing banks. Security is a vital part of any payment gateways, there is essential information such as credit card number that needs to be protected from fraudulent. The card associations have created a set of rules and security standards which needs to be followed by anyone with access to card information including gateways. These set of rules and protocols is called the Payment Card Industry Data Security Standard (PCI-DSS). Merchants need to secure the payment transactions hence they take the PCI-DSS compliance with them to ensure flexible and reliable payment transactions. We at ClickZep provide you with the best Payment Gateway solutions so that merchant can easily have the benefit of having smooth and flexible payment transactions.
What happens after you submit the order on merchant website?
Do you know what happens after you submit an order on the online website? Let us understand this with a better example if a customer places an order on the website by pressing the “Submit Order” button. And he fills the card details using an automatic phone answering service. Let us suppose that the information shared is through web server now the customer web server will encrypt this information to be sent between the browser and merchant website. This work will be done through the SSL encryption. The payment gateway may allow the information to be sent directly from the customer’s browser to the gateway.
Merchant then forwards the transaction details to their payment gateway. The payment processor makes sure that the information is being transferred to the card association. The credit card issuing bank gets the authorization request, verifies the credit or debit information and then sends an acknowledgement back to the processor. The processor then forwards the authorization request to the payment gateway. The process further unfolds with the payment gateway receives the response and forward it on to the website or whatever interface was used to process the statement. Then the entire process is so quick that it takes only 2 to 3 sec to complete. The merchant then fulfils the order and the entire process is repeated for the next order.
Why do you need to have a payment gateway for your website?
A payment gateway allows you to accept payments from the customers on your online website. It will also allow you to take your product or service to the targeted audiences that are previously far beyond your reach. A payment gateway better integrates with your system application and makes the entire process easy and convenient. Customers are more likely to associate with the merchants who provide reliable payment transactions on the merchant website. We at ClickZep provide you with the best Payment Gateway solutions that will help you get higher business leads.
Read our another blog post : Free Payment Gateway Provider in India
ClickZep 