A payment gateway is a secure and efficient digital service that facilitates financial transactions between customers and businesses over the internet. It acts as a virtual bridge, ensuring the smooth transfer of funds from a customer's preferred payment method, such as credit cards or digital wallets, to the merchant or service provider.
Payment gateways play a pivotal role in e-commerce and online transactions, safeguarding sensitive financial information and enhancing the overall user experience by enabling swift and reliable payments for products and services.