Payment Gateway
| Doc ID: | GL154 | |
| Version: | 1.0 | |
| Status: | Published | |
| Published date: | 01/06/2011 |
Definition
A system of technologies and processes that allow merchants to electronically submit payment transactions to the payment processing networks (i.e., the Credit Card Interchange and the ACH Network). Payment gateways also provide merchants with transaction management, reporting, and billing services.
