Payment gateways and payment processors. what is the difference?

social media , 0 Comments

You can hear that payment gateways and processors are used interchangeably.

But there are some important differences.

The billing processor analyzes and transmits the transaction data. This includes the transfer of relevant information to the issuing bank, such as a credit or debit card number, which is associated with a Bank Account.

This is different from the payment gateway, which performs the work listed above but also allows the transfer of funds between the buyer and the seller.

Processor – is a step in a process that looks like a card and processes the information by the issuing bank.

As the Payment Gateway Provider, the CPU may include both digital and hardware components – or it can handle only the processing by the software.

3 types of payment gateways.

Usually, there are three types of payment gateways.

Rerouting.

For example, Rerouting can be a payment option through Qazeek.

When the gateway redirects the client to the Qazeek payment page to handle the entire transaction (processing and payment), he becomes a Rerouting.

This has the advantage of simplicity for the seller. Small businesses can use Redirect Gateway for the convenience and safety of the main platforms such as Qazeek, but this process also means less control for the seller – and the second step for customers.

Ordering online, payout of the site.

Consider Qazeek Payment Gateway: ordering on your site will occur, but the payment is processed through the server part of the Qazeek.

Always use the specified payment gateways such as Qazeek, and make sure that the customer’s credit card data is collected directly by a third-party site to your own site never processed confidential payment information. Use SSL on your own website, make the connection between your website and payment gateways always been encrypted.

Like the forwarded payment gateways, there are several advantages to process your payment, including ease.

But, as in the case above, you will not be able to control the entire user interface through the payment gateway.

You will depend on the quality of the external gateway and its quirks.

Payments are in place.

Large companies tend to use local fees are handled entirely on their own servers. Ordering and payment processing on behalf of the client work through your system.

Now the benefits are reversed: you will have more control, but also more responsibility.

This is especially true for any retailer operating with a large volume of sales. When you process their payments in place, it is important that you understand the possibilities, as well as their responsibilities.

Examples of the best payment systems.

If you are interested in some of the most common providers of payment gateway services, here are seven of the most frequently used options.

 

Qazeek.

Qazeek is popular as a gateway to redirect the payments because it is trusted by many customers, and there are several options that need to consider.

Leave a Reply

Your email address will not be published. Required fields are marked *