Payment Gateway, Payment Processor and Payment Security Explained
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- Опубликовано: 24 фев 2024
- Confused by payment gateways and processors? This video breaks it down in simple terms, with clear examples to help you understand:
The key differences: Gateways collect & verify info, Processors handle the nitty-gritty.
How they work together: See the seamless flow from customer checkout to your bank.
Why security matters: Dive into tokenization & encryption - your customers' data is safe with you!
Plus, bonus tips:
Choosing the right providers: Find the perfect fit for your business needs.
Avoiding common pitfalls: Stay secure and compliant.
Whether you're a business owner, developer, or just curious, this video is your one-stop shop for understanding payment processing!
Keywords: payment gateway, payment processor, online payments, credit card processing, ecommerce, security, tokenization, encryption, online business, small business
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Can you please give examples of companies dealing in Payment Gateway and Payment Processing in India?
An example would help to understand better.
Razonpay, CCAvenue.
PayTM and PhonePe are digital wallets, but also provide Payment Gateway.
I may provide a more detailed video on their inner workings in future, let me know.
I can cash out bank cards and gift cards
cool... now How Can I Build One Myself?
So, that's when it comes to the system design, and requirements, and many other things to keep in mind.