What is a payment gateway?
Posted: Thu Dec 05, 2024 10:50 am
According to figures compiled by HubSpot, more than 56% of global messaging app users have messaged companies to gain more insight into their buyer journey , reflecting the role these platforms play in today's business dynamics.
It is a platform that allows businesses to accept online payments cyprus whatsapp number data 5 million easily, quickly and safely, acting as an intermediary between the business and the financial institution that collects the amount.
In practice, you insert a “Pay” button on your website that directs the customer to a form where they fill in the payment details. The platform verifies that they are correct and communicates the transaction to the bank so that, after the appropriate security checks, it authorizes or rejects the operation. All in the background, in real time and in a matter of seconds.
Within the platform you have a business account in which you accumulate the money associated with the payments made through the gateway, so that you can withdraw them to your bank account within the established time frames.
It is a platform that allows businesses to accept online payments cyprus whatsapp number data 5 million easily, quickly and safely, acting as an intermediary between the business and the financial institution that collects the amount.
In practice, you insert a “Pay” button on your website that directs the customer to a form where they fill in the payment details. The platform verifies that they are correct and communicates the transaction to the bank so that, after the appropriate security checks, it authorizes or rejects the operation. All in the background, in real time and in a matter of seconds.
Within the platform you have a business account in which you accumulate the money associated with the payments made through the gateway, so that you can withdraw them to your bank account within the established time frames.