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Payment Gateway : |
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Payment Gateways are server-based transaction processing system which enables businesses to authorize, process, and manage credit card transactions securely in a real-time, online environment from any computer with an Internet connection and a Web browser.
This "Payment Gateway" is specifically designed to accommodate the increasing demand by e-commerce companies for sophisticated multi-currency payment solutions to tap the enormous opportunities for global Internet transactions. Payment Gateway also includes several exciting new technologies that enable e-commerce businesses to display pricing in a customer's local currency while providing back-end settlement and reporting to the merchant in the currency of its own choice.
Payment Gateway services are offered by Banks like CitiBank,HDFC,ICICI etc and the companies like WorldPay,PlanetPayment etc who are authorized to accept Credit Card online.Payment Gateway services is the heart of E-commerce which enables transaction online.They provide you with Merchant ID No which helps to manage and maintain your accounts.
We at Cyberweb Global Services helps you to choose the Payment Gateway Service Provider and integrate the software with your website to facilitate transaction online
Though every project is unique, ITPLUSDESIGNS Solutions typically integrates the following services:
Custom web development of catalog systems, shopping carts, order interfaces, and/or secure checkout forms. Custom web design of e-commerce systems for seamless integration with the look, feel, and navigability of your website.Custom catalog development for shippable products (entering products, prices, images, and descriptions, etc), or system set-up for delivery of digital downloads, or set-up of subscription service with recurring billing.Configuration of advanced security and anti-fraud systems, set-up of shipping options and real-time tax/shipping calculation, configuration of automatic e- mail receipt and notification systems, configuration of Internet merchant account, testing of all systems, etc.Credit card processing system setup, configuration of the Internet Merchant Account on our transaction servers, and setup and connection of the Payment Gateway to the banking network.
Why is Payment Gateway required?
Payment Gateway holds the real meaning of any ecommerce site.One cannot think of making or getting on-line payments without a Payment Gateway.Payment Gateway basically refers to an e-commerce service that approves payments for e-businesses & online retailers.It in a way show a physical POS (Point-of-sale) terminal located in most retail outlets.
Payment gateways encrypt sensitive information, such as credit card numbers, to make sure that information passes securely between the customer and the merchant.
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