Payment Gateway

byPaytm Editorial TeamLast Updated: August 12, 2025

Definition

A Payment Gateway is a secure technology that processes online payments by transferring payment data between the customer, merchant, and bank.

Key Features

  • Encrypts sensitive payment information
  • Supports multiple payment options
  • Ensures quick authorization and settlement
  • PCI DSS compliant for security

Payment gateways are essential for safe and smooth e-commerce transactions.

You May Also Like

UPI LiteLast Updated: July 18, 2025

Definition UPI Lite is a simplified version of the Unified Payments Interface, designed for small-value transactions. It allows…

NPCI MapperLast Updated: July 11, 2025

Introduction NPCI Mapper is a database system that links users’ mobile numbers to their bank accounts for UPI…

Mobile BankingLast Updated: August 12, 2025

Definition Mobile Banking is a service that allows users to perform banking transactions using a mobile phone. It…