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Showing posts from February, 2022

Ultimate Guide: Difference Between Payment Gateway & E-Commerce Merchant Account

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The world of business is now full of terminology that is such a challenging task to understand first. Before going to start working on it is important to learn the concept from the core. Try not to invest your money, time, and efforts in resources that are unfamiliar to you. In this blog, we are going to look at some of the Payment processing gateways and  E-Commerce Merchant Accounts  to deep diving to differentiate their concept.  Basic Understanding Of E-Commerce Payment Gateway Online payment gateway is the basic technology that merchants use to use online transaction payments from customers. For e-commerce, payments and personal information are entered. (That is, the online checkout page.) The payment gateway applies industry-standard encryption when transferring customer payment information to the business owner's account. This protects the transaction and protects both parties and their accounts from fraud. Importance of Merchant Accounts  Merchant Account is considered as