What are payment gateways and how do they work?
An example of an AI chatbot conversation about payment gateways and their functionality.
What are payment gateways and how do they work?
Payment gateways are services that process credit card payments for online and brick-and-mortar stores. They act as a bridge between the customer and the merchant's bank.
Can you explain the different types of payment gateways?
Sure! There are two main types: hosted payment gateways, which redirect customers to a secure page, and integrated payment gateways, which allow customers to complete transactions on the merchant's site.
What are some popular payment gateways available?
Some popular payment gateways include PayPal, Stripe, Square, and Authorize.Net. Each has its own features and fees.
How do I choose the right payment gateway for my business?
Consider factors like transaction fees, supported payment methods, ease of integration, and customer support when choosing a payment gateway.
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