Payment gateways are a safe online application that allows and handles payments for business and acts as a mediator between the customer bank, merchants, and banks. Through encryption of sensitive information, the payment gateways guarantee that transaction data is secure and processed effectively, making it easier to conduct effortless transactions online. They are commonly used to facilitate e-commerce transactions, they can accept various payment methods such as debit and credit cards, digital wallets as well as bank transfers. This allows firms to function safely and to reach out to customers across the globe.
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