How To Set Up Payment Gateways On Your Website
Hello and Welcome to this detailed guide on how to set up a payment gateway on your website easily from any location in the world. This will work for anyone in any country or location in the world.
What is a Payment Gateway?
A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payments processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar.
What is the role of a payment gateway?
A payment gateway validates the customer’s card details securely, ensures the funds are available, and eventually enables merchants to get paid. It acts as an interface between a merchant’s website and its acquirer.
What is a payment gateway with an example?
In physical stores, payment gateways consist of the point of sale (POS) terminals used to accept credit card information by card or by smartphone. In online stores, payment gateways are the “checkout” portals used to enter credit card information or credentials for services such as PayPal.
Do I need a payment gateway?
Payment gateway services are required for all online credit card processing. … So, the main role of a payment gateway is to authorize transactions between you and your customers. Remember, without a payment gateway approving the transaction process cannot go move forward and you won’t receive your money.
What is the easiest payment gateway to set up?
Top 9 Best Payment Gateways for any type of website:
- PayPal: PayPal is the most commonly used payment gateway for eCommerce stores. …
- Stripe: Stripe is a US-based payment gateway that’s available in more than 25 countries.
- Google Checkout.
- Apple Pay.
What Do I Need To Have, Before Setting up a Payment Gateway for my Website?
Some payment gateways allow you to set up an account and integrate their gateway to your website using your personal details. But mostly, that is limited to certain countries like the USA, Canada, and other top-tier countries.
However, there are limitations to that. Things like high tax rates, spending limits, etc. depending on the gateway policy. This Guide is written to guide everyone worldwide on how to set up a business account for all the payment gateways, no matter your country or location. So make sure to follow me step by step as I walk you through it gradually.
Requirements To Setting Up Any Payment Gateway
- USA Business Registration Documents
- Active Email Address
- Active USA Phone Number
- Active USA Bank Account (for withdrawals)
The majority of these payment gateways are US-based, so we are going to be setting our payment gateway website as a USA user.
Now let’s talk about how to get USA Business Registration Documents.
Note: Everyone worldwide can get these documents using these step-by-step guides. So pay attention…
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