Industrial Infotech integrates with popular payment solutions.
A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payments processing for e-businesses, online retailers. The payment gateway may be provided by a bank to its customers, but can be provided by a specialised financial service provider as a separate service, such as a payment service provider.
In other words, a payment gateway is simply a software application. It’s basically a conduit between an eCommerce website and the bank that authorizes (or declines) a customer’s credit card payment. Credit and debit cards, eCheck (ACH), and even cryptocurrencies like bitcoin are all processed through payment gateways.
Ultimately, a payment gateway is the final step of the sales process on an ecommerce website. Without it you won’t be able to securely charge your customers when they purchase items from your website.
As a customer, a payment gateways seems simple and straightforward. You visit an eCommerce site, select the items you want, add them to your cart, and checkout.
You enter your payment information and confirm your order. Now you can sit back and relax until your item arrives at your doorstep. Behind the scenes, however, it’s a little more complex.
The gateway process follows these six steps.
With Domestic and International Credit & Debit cards, EMI, Netbanking from 58 banks, UPI and 8 mobile wallets, Razorpay provides the most extensive set of payment methods.
An easy to integrate Checkout with cards saved across businesses so that your customers can pay seamlessly everywhere.
Get reports and detailed statistics on payments, settlements, refunds and much more for you to take better business decisions.
Robust, clean, developer friendly APIs, plugins and libraries for all major languages and platforms that let you focus on building great products.
PCI DSS Level 1 compliant along with frequent third party audits and a dedicated internal security team to make sure