What is ecommerce payment gateway?

A payment gateway is an online payments' service that, when integrated with the e-commerce platform, is devised as the channel to make and receive payments. The procedure to receive payments includes the customer requiring to fill in some details, like credit/debit card number, expiry date, and CVV.
 

Good-Guy

VIP Contributor
According to me, an E-commerce payment gateway refer to payment processors that are being used in the modern world to make the system of payment transfer and payment solution much better and much faster. It is far much easier to transfer payments through payment gateways and cryptocurrencies and this has made it much easier to make or receive payments much faster. In the olden days, people used to wait for a very long time to receive payments but e-commerce payment gateway has made it possible to receive money when you sell items.
 
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