Payment Gateway Vs Payment Processor

To process transactions for your eCommerce business, you need both a payment processor and a payment gateway. What are the key roles that a payment gateway vs payment processor play? Who can help you make the selection of a payment gateway and payment processor less complicated? No worries. This article is here to help you with the right choice.

Payment Gateway

A payment gateway is responsible for collecting and transferring payment information from your customers to the acquiring bank. Specifically, it collects and validates the payment details from your customers, communicates with your customer’s bank to make sure there are enough funds, and then sends that information to the payment processor and acquiring bank.

Here are some of the top payment gateways in the UK: Stripe, Opayo, PayPal, Amazon Pay, Braintree, and 2Checkout.

Payment Processor

A payment processor is responsible for transmitting the information collected by a payment gateway between the acquiring bank and your customer’s bank. When your customer submits payment details to make an online purchase, the data gets encrypted by the payment gateway and transferred to the payment processor.

Some of the top payment processors in the UK include PayPal, Payflow, Stripe, Worldpay, Opayo, Streamline, Square, and Ayden.

Choosing the right payment gateway and payment processor for your eCommerce business may seem intimidating. Thankfully, you can work with a reputable merchant-services comparison specialist that can help you make the right choice.

Make sure to work with a payments expert that’s committed to offering the most honest snapshot of merchant-services providers at the time of writing. As a result, you can be sure to find the most suitable merchant-processing services for your financial needs.

Consider turning to BestPaymentProviders.co.uk when comparing a payment gateway vs payment processor. Best Payment Providers UK pays special attention to terms, complaints, and integration of payment-service providers. This is how you can be sure to gain insight into the market to discover the best deal for your business.

Payment Gateway Vs Payment Processor 

To accept card payments from your customers, you need to apply for a payment gateway and a payment processor. A payment processor is responsible for facilitating transactions between a cardholder’s bank and a merchant account. A payment gateway is responsible for the authorization process of credit-card or direct-payment processing.

Related Posts

Previous post What Is Graffiti Art?
Next post Common OnePlus 8 Pro Display Issues and How to Fix Them
flavor fragrance dapietro corner archie and kirk senova vancouver quayside emporium restaurant tante jeanne aficionado profesional es media group klimat lounge kallitheafc lauren ralphs outlet uk ralph lauren uk feirao da caixa yahoo molot guns michael kors discount kazbar clapham fromagerie maitre corbeau ol0 info brnensky orloj ex card info binyu bishiri knsa tumreeva auto accessori stay hard longer shadow seekers Kapelleveld Garden City albanian conference interpreter the day shall come film ice diving inn at lathones uk bufc supporters clube resto ware house uk the winchester royal hotel pizcadepapel burbs bags uk avenue fitness ayo jalan jajan festival antes herb trimpe levesque for congress Odessa Realt sheila ferrari shop viktor viktoria corner house gallery uk lagfe dkls signature homes conanexiles data base ut real estate top windows 7 themes show dogs express uk citi cards login automotive financial reports log house at sweet trees spares 4 cars badagry motor world pcm small business network pipers notes tera groupe drop ads thames river adventures uk riding bitch blog cars 2 day news festival music week daily online texas public studio paid apps 4 free san francisco sports bar helm engine 12th planet 2012 123 gt michael kors outlet clearance faltronsoft gegaruch bee info palermo bugs destinos exotico auto travel indure msugcf auto travel fonderie roubaix sunny side newyork style eat foto concurso in mujer maternity observer city room escape comic adze hellenes online hub thai nyc points de vue alternatifs Software Design Website service masjid al akbar purple haze rock bar sirinler cocuk pb slices sneakers rules nato group energy fitness gyms full court sports studio formz knowledge base ph wp kraken tenzing foundation ggdb outlet usa dental health reference bengkel website potlatch poetry app matchers zac mayo for house day by day onlines data macau nike trainers uk zoom news info rercali Satori Web & Graphic Design baby moms club find swimming pool builders tx ralph lauren clearance uk health shop 24x7 health leader ship school trips plus lawyer uk the world of babies puppy love pets british car ways glyde house travel scotland news health full life criminal defense vermont hertfordshire crossroads-south vader sports uk gentle dental harrow elegant international michael kors outlet kors burberry bags uk