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An Online payment gateway supplies the most versatile method for processing sales. From any online computer terminal you have the capacity to process transactions quickly and securely, with no need for just about any specialized hardware.
A internet payment gateway is a private web site, accessible only with your private username and password, by which the merchant enters every one of the customer's pertinent bank card information: name, address, billing address, not to mention, credit card information. Every thing is entered in to the Gateway's online forms, clear templates and is very easy to use. It then verifies the purchaser's information and completes the transaction.
Obviously, you need evidence of every transaction. That's why email confirmations are automatically generated as receipts, detailing every sale just as a conventional paper receipt does. These are delivered to the purchaser and also to the merchant for record keeping. In addition , a payment gateway sends the merchant a summary of the day's batch (total transactions), providing you with a clear and of use record of account activity.