Technology
Payment Gateway
A payment gateway is the service that authorizes and processes online payment transactions between the customer, merchant, acquiring bank, and payment network.
Definition
A payment gateway is the service that authorizes and processes online payment transactions between the customer, merchant, acquiring bank, and payment network.
In PRO71 ecommerce work, gateway choice is evaluated with checkout UX, settlement, refunds, risk controls, ERP posting, and reporting.
In practical context
In PRO71 ecommerce work, gateway choice is evaluated with checkout UX, settlement, refunds, risk controls, ERP posting, and reporting.
Why it matters
Payment Gateway becomes more useful when it is connected to a specific service route and decision point.
Common misconceptions
Payment Gateway is only a technical detail.
Questions teams ask before they start
What does Payment Gateway mean?
A payment gateway is the service that authorizes and processes online payment transactions between the customer, merchant, acquiring bank, and payment network.
Why does Payment Gateway matter for PRO71 clients?
In PRO71 ecommerce work, gateway choice is evaluated with checkout UX, settlement, refunds, risk controls, ERP posting, and reporting.
