Wholesale & eBay Forum General Selling Advice & Tips Word of the Week: Payment Gateway

Word of the Week: Payment Gateway


karen_salehoo
Site Admin
  • Posts: 49
  • Joined: 27 Oct 16
  • Karma:
28 Feb 17 06:36:03 am
As a newbie, the whole process of selling online is all too unfamiliar yet alone some terms or words. Words may be too technical to comprehend or too jargon - does not ring a bell at all! Word of the Week will be updated regularly to help us understand these words more or refresh our knowledge. It's time to broaden our vocabulary! :)

Word of the Week: Payment Gateway

Payment Gateway is an online service for eCommerce transactions. It is also referred to as Merchant Gateway since it facilitates the payment of the buyers to the merchant. Generally, it is a third-party service with a system that process, verify, and accept or decline credit card transactions on behalf of the merchant through secure Internet connections.

Samples of Payment Gateways:

ClickBank
BrainTree
PayPal

You may also refer to the article from Link hidden: Login to view for alternatives to the above-mentioned payment gateways.

Link hidden: Login to view

P.S.
Feel free to suggest words for Word of the Week by commenting below!

P.P.S.
Should you be interested to read thru all posts for Word of the Week, just go to the Search box on the forum and type in Word of the Week and you'll see all the posts in the results list.


Cheers,

Karen
Customer Support
SaleHoo Group Limited

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