What is a payment gateway in an E-Commerce website?

Question

How does a payment gateway work? What are the security concerns... How can we make a website secure from getting hacked.... Plzz explain...

Madhu K · Answer

This gives you an idea. Integrating Electronic Payment Processing into ASP.NET Web Applications http://www.west-wind.com/presentations/aspnetecommerce/aspnetecommerce.asp

Maryna Bobrovskaya · Answer

The payment gateway services are the only way to purchase something through mobile applications. In fact, it's a mediator between the transaction a customer wants to perform and the payment processor. Why there is a need for any sort of mediators? The reason why payment getaway is so popular is that the direct interaction between the app and payment processors is prohibited regarding security reasons. Check this article to know more: https://www.cleveroad.com/blog/all-you-need-to-know-about-the-payment-gateway-integration-into-an-app

Crish · Answer

Hi payment Gateway refers to an e-commerce service that authorizes payments for e-businesses & online retailers. If you want to get more detail about paymant gateway than just go for this below link. http://www.weblinkindia.net/ecommerce-solutions/payment-gateway-solutions.htm

B M Suchitra · Answer

Thanks Madhu K...

B M Suchitra · Answer

Thank u Mahesh sir... How can we make a website secure from getting hacked....

Mahesh Chand · Answer

You cannot direct process credit cards. Visa, Mastercard or other credit card companies do not entertain small companies or individuals. They allow big players to process credit cards and these big players usually pass work to payment gateways (smaller players). A payment gateway is the company that takes credit card information from you and processes it and sends money back to your bank account. A Payment gateway charges a fee for this processing.