Payment gateway

The bank account of the online merchant and the customer’s online payment tool provider (credit/debit card or any other online payment method the consumer prefers to use). It facilitates the customer’s online payment, retrieves the money from their bank or other accounts (digital wallets, cash cards, etc.), and deposits it into the merchant’s bank account.

The online merchant’s bank account as well as the online payment tool provider (credit/debit card or any other online payment method the customer chooses to use). It processes the online payment on behalf of the client, withdraws funds from their bank or other accounts (such as cash cards, digital wallets, etc.), and puts them into the merchant’s bank account.

Features

  • The DSSI MLM company follows the accurate and most demanding security protocols when it comes to data security.
  • The online payment system by MLM allows for sending and receiving of important user information using the safest and most secure way for internet communication.
  • Besides this, there are other safety features that support the merchant from fake activities on their websites.
  • The highly-progressive scam detection and prevention tools help in understanding the scam patterns and preventing losses by halting the specific payment process.

Importance of using payment gateways

  • The payment services helps the merchant take payment from credit and debit cards belonging to large international banks and global card-issuing companies.
  • This service grants merchants to take payments from multiple international currencies.
  • Our company offers bespoke online payment gateway services for any type of online business associated with any industrial area.
  • The company develops their payment systems to suit the particular needs and enhance the present payment system effectively.

Types of payment gateways

Hosted Payment Gateways

This type of Payment Gateways are those that manage your customer ahead your e commerce website. The user is diverted to the real gateway page by clicking the gateway link while making payments. The advantage of using these gateways is that you do not require a Merchant ID since no private details are required from your website.The examples;of Hosted payment gateways are PayPal, WorldPay and Nochex.

Shared Payment Gateway

Although making the payments, the user is guided to the payment page and not out of your website. The payment page is controlled securely by the payment gateway. After all details about credit card and other needed fields are finished, the customer fully gets back to the main website

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