The world is moving towards online business andpayment gateway Integration is the only an authentic e-commerce application service which allows payments between a customer and merchant, particularly for e-businesses. Payment Gateway Integration helps merchants to do multiple financial transactionsthrough electronic check such as ACH, debit cardand credit card in either batch mode or real time and Crystalwebtechs helps you for Payment Gateway Integration.
Payment gateways keep the credit cards details safeby encrypting sensitive details, like credit card numbers, and t will make sure that information passes in a safe way between the merchant andcustomer and also between payment processorand merchant.
A payment gateway Integrationis the transfer of information between different payment portals includes;mobile phone,a websiteor IVR serviceas well asacquiring bankor the Front End Processor. A typical online transaction flow can be seen like;
The major functions of payment gateway include;authorization, settlement and reporting of financial transaction.