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        What is payment gateway integration, and how does a payment gateway work?

        I’m building my first eCommerce site and setting up online payments. I keep hearing about integration and processing steps. What exactly is payment gateway integration, and how does a payment gateway work from start to finish?

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        Answer by: abdullah-al-naim
        3 weeks ago

        Payment gateway integration is the process of connecting a website or application to a payment gateway, which enables businesses to accept online payments. A payment gateway is a service that facilitates the processing of payments between a customer and a merchant.

        Here\’s how a payment gateway works:

        1. Payment Request: A customer initiates a payment on a website or application.

        2. Encryption: The payment gateway encrypts the customer\’s payment information, such as credit card details.

        3. Authorization: The payment gateway sends an authorization request to the customer\’s bank or card network.

        4. Verification: The bank or card network verifies the customer\’s account and checks for sufficient funds.

        5. Approval: If approved, the bank or card network sends a response back to the payment gateway.

        6. Payment Processing: The payment gateway processes the payment and transfers the funds to the merchant\’s account.

        7. Confirmation: The payment gateway sends a confirmation to the customer and merchant.

        Payment gateways integrate with various payment methods, such as credit cards, debit cards, net banking, and digital wallets, making it convenient for customers to pay online. They also provide security features like encryption, tokenization, and 3D Secure to ensure secure transactions.

        Learn More about international payment gateways and how they work : https://businessglobalizer.com/?s=payment+gateway

        For a experts consultancy,visit https://abdullahalmamun.com/consultancy/

        To form your international Company https://businessglobalizer.com/services/usa-company/

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