Here’a simple illustration of how an online payment gateway works:

BENEFITS OF HAVING AN ONLINE PAYMENT GATEWAY:

1. It is good for almost all types and sizes of business.

2. It is open for business 24/7. It is the store that never closes.

3. There are NO MONTHLY FEES!

4. It has Very Low transaction and processing rates

5. You’ll have a wide customer base, both locally and worldwide, by offering credit card payment options

6. International transactions are accepted. Accept MULTI-CURRENCY Payments

7. It has a secured and quick order and payment processing and settlement.

8. Automatic Email to Customer and Merchant for successful orders