Webiators Technologies

  A payment gateway is a third-party service that your e-commerce store needs to accept payments. Just like cash, a payment gateway enables you to accept payment from your customers through payment gateways. Payment gateway accepts credit or debit card details, UPI and other sources of payment from your customers verify their detail and encrypt them before processing them for you. Thus, sensitive financial information is securely shared from a customer to the store owner and then between the store owner and the bank.   As an intermediate between a merchant and a bank, an eCommerce payment gateway keeps customers’ privacy and reduces monetary problems for a merchant. But how does the Magento payment gateway works? Let’s know more about this process below.   Customers select the product they want to place an order for by filling in their card details, followed by pin number and OTP. the information is encrypted and transferred to the payment gateway. The payment gateway get...

For any Magento store, a payment gateway is an absolute must. A payment gateway acts as a middleman between the store owner, the bank, and the customer. Whenever a customer decides to purchase something and pay through any bank, credit card, or debit card, the payment gateway identifies the bank and helps in carrying out the transaction with ease.  But before getting started and adding a payment gateway to your Magento store, you need to know a few things about the same. These things include, how a payment gateway works, the benefits of having a payment gateway, and some things to remember before adding any payment gateway option to your Magento website. In this blog post, we’ll be discussing a few things that you should take care of before getting started with a Magento Payment Gateway option. Things You Must Know About Payment Gateways Before adding anything new to your Magento store, the crucial step that you need to take care of has to be being enti...