Are you an entrepreneur or business owner looking to expand your online presence and accept payments on your website?
Then you have come to the right place.
In today's digital age, having a payment gateway license is essential for any business looking to process transactions securely and efficiently. But navigating the complex world of payment gateways can be overwhelming, with various regulations and requirements to consider. That's where our ultimate guide comes in. In this comprehensive resource, we'll walk you through everything you need to know about obtaining a payment gateway license.
A payment gateway is a financial service that reads payment cards (like debit cards, credit cards, net banking, and payment through your e-wallet, etc.), payment gateways refer to software and servers that transfer transaction information to acquiring banks and responses from issuing banks. A payment gateway performs as an intermediary between the payment receivers and facilitates the transaction via the customer's bank account. Such a facility collects the information from the buyer's bank and supplies this information to the receiving bank.