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Posted July 31, 2019 by sherkhansahu

Merchant Services - Ziegal.co.uk is one of the best payment gateway service providers to online payment systems for your e-commerce business. Our payment gateway is 99.9% secure, now take card payments with us.

 
payment gateway

Merchant Services - Ziegal.co.uk is one of the best payment gateway service providers to online payment systems for your e-commerce business. Our payment gateway is 99.9% secure, now take card payments with us.
Payment Gateway Service Provider
All-in-One Merchant Account
ecure Trading is a powerful Payment Gateway & Merchant Account provider that offers complete support to integrate your payment solution needs. Over 20 year’s experience in the payment industry, we understand the importance of accepting payment for any business and that’s why we offer a UK account support manager to guide your business through the process.
Our payment gateway is 99.9% secure
Connected to most major banks globally
We are one of the few providers that can provide a complete service to your business.
Merchant Account & Payment Gateway all in one.
Partnered with all major online shopping cart providers.
Video guides for easy online website integration.
Dedicated advisers to help your business with it's payment solutions.
We can help any business Internationally.
What are payment gateways and merchant accounts in e-commerce?
If you are entering the world of e-commerce as a seller or developer then you might have definitely heard about the terms such as payment processors, payment gateways and merchant accounts. But most people tend to use these terms interchangeably without understanding the difference between these terms and their working. it is important to know the basics of these concepts so that you can choose the correct service and configure it to suit your business needs. here is some basic knowledge about payment gateways and merchant accounts that would help you launch or grow your online business.
What is a payment gateway?
A payment gateway is a technology that bridges different kinds of merchants and is not limited to online merchants and payment networks. the job of a payment gateway includes the following:
Integrating online stores: With a payment gateway, you can enable your store multiple ways to integrate capabilities of processing an online credit card with your business processes.
Captures transactions: Transactions done on your online store are captured. The shopper's details are sent by the merchant to the payment gateway. During this transmission, the details are encrypted for security purposes.
Routing of payment details: This transaction and payment details are routed but the passenger gateway to the acquiring bank or a payment processor. there is screening done at the bank's end and then the transaction goes to the card networks.
Notifies the merchant: After taking confirmation from the bank or payment processor it sends a message of accepting or decline to the merchant of an online store where the payment was done.
A payment gateway performs all these tasks within a fraction of seconds.
Working on payment gateways:
The main work of a payment gateway is to bring about the transfer of information about a transaction between the payment portal and the payment processor. the payment portal might be a website, or a mobile app and the processor might be a wallet or an acquiring bank. Step by step Workout guide of a payment gateway is as follows:
Step 1: A customer presses the submit button to confirm the order on a website or app and enters the card details and clicks on pay now or any such action button.
Step 2: These order details are then encrypted before the data is sent from the website to the merchant's web servers for security purposes.
Step 3: The web server sends this payment information in an encrypted form to the payment gateway.
Step 4: The payment gateway sends the transaction details to the acquiring bank or payment processor.
Step 5: The payment processor forwards the details for confirmation to the card provider i.e. Visa, Mastercard etc.
Step 6: The card issuing bank validates the transaction and sends the status whether approved or declined to the payment processor.
Step 7: The payment processor then forwards details to the payment gateway which in turn notifies the user who did the transaction and the merchant website or app on which transaction was done.
Step 8: Merchant sends details of approved transactions in a batch to acquiring bank asking for payment. the bank verifies details and deposits money in the account of the merchant.
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Issued By payment service provider
Phone 0800 211 8289
Business Address 24293 Chynoweth House Trevissome Park Truro TR4 8UN
Country United Kingdom
Categories Business
Tags payment gateway , payment service provider
Last Updated July 31, 2019