What is a payment gateway?
A payment gateway is the intermediary between your online store and the payment processor that receives payment from your customer.
In other words, once a customer enters their payment details on your website, the payment gateway securely sends that data to the payment processor.
Which Payment Gateway should you use for you ecommerce website?
Lots of people struggle with this question. After all, online payment gateways and payments in general can be intimidating, especially if it's your first time around the block.
With dozens of online payment options to choose from, it can be a complex decision. But that's where TheWall360 comes into play. TheWALL360 has partnered with leading international payment providers to support your sales efforts. Your customers can pay in their local currency using their preferred payment method. Payment Gateways Profiling with different charges, multiple Currencies setup based on Geo-location restrictions and cash on delivery.
How does the payment gateway work?
The good news is that, as an e-commerce store owner, you don't have to understand how a payment gateway actually works. In practice, all you have to do is choose a portal and then integrate it with your online store via the usually easy-to-use setup wizard. After that, it just works and allows you to collect payments from customers. You don’t have to worry about all these steps with TheWall360 platform!
But just to give you an idea, here's an overview of the steps that happen:
- The customer places an order on your website. They get into the cart, proceed to checkout and fill in their payment details.
- The payment gateway takes the payment information, encrypts it and sends it through a secure channel to the payment processor.
- The customer is redirected to the payment processor.
- The payment processor takes the customer through the steps of finalizing the payment.
- The payment processor verifies that the payment was successful and displays an appropriate message to the customer.
- The customer can return to the online store.
We will be very happy to hear your feedback on this new feature. If you are not a “TheWALL360” surfer, we advise you to join the club very soon since other new interesting features are on the way.