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.

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