Payment Gateway

A payment gateway is like a digital cashier for online transactions. When a customer enters their credit card information, the payment gateway doesn't store it - it acts as a middleman, sending the encrypted information to the bank for authorization. Once the bank approves the payment, the payment gateway securely transmits that back to the store, allowing them to complete the order. Payment gateways support various payment methods, including credit/debit cards, digital wallets, bank transfers, and other online payment options.

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