A payment gateway is a crucial part of an ecommerce business, and choosing the right service provider can have an enormous impact on your small business ecommerce website. Their prices, fees and services vary considerably, but our sister site, Ecommerce-Guide has the info you need to be informed and to make the best buying decision.
The payment gateway is an important part of any payment transaction — online or physical. For ease of understanding payment gateways for online transactions, think of the payment gateway as the service used at a physical point of sale terminal in a store.
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