A payment gateway is a place on a merchant’s website where customers securely enter credit card information. A payment gateway also verifies that a customer’s card is legitimate. A payment processor transmits card data from a merchant’s point-of-sale system to card networks and banks involved in the transaction. Many payment gateway providers also offer payment…

Tina Orem writes for NerdWallet. Email: torem@nerdwallet.com.

The article Payment Gateway vs. Payment Processor: The Difference originally appeared on NerdWallet.

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