Payment gateways look different to the customer depending on how yours is set up. On Shopify or BigCommerce, for example, customers interact with the gateway right from a special input field on your website.
Other payment processors, like PayPal or Stripe, might take your customer to a new page where they input their credit card information.
In any case, the gateway also performs the crucial task of authorizing payments to ensure you receive payment.
It’s also possible to host the bolivia telegram screening transaction yourself on your server, but it’s a far more complex solution that requires specialized technical expertise.
A payment gateway removes the need to build out this functionality on your own.
2) Payment processors: Read payment method details
The payment processor is the entity that receives payment information from the payment gateway and then does the technical work with that information.
Your payment processor will verify that a payer has the necessary funds to pay for what they’ve ordered. Then, it will securely execute the transaction, taking funds from the customer at the issuing bank and depositing those funds into your merchant bank account.