What is a Payment Gateway?
A Payment Gateway is the best and simplest option for a merchant to collect payments digitally from their website itself. It plays a vital role between merchant and customer for an easy transaction process.
How it Works
Banks directly act as a payment gateway or you can choose another payment service provider for your authorized payments. Many providers give a user-friendly interface for avoiding trouble and confusion during their payments. A payment gateway allows only authorized payments using cards, digital wallets, UPI and more.
Best Payment Gateways in UAE
- Telr: Robust and widely used in the region.
- CashU: Popular for wallet-based payments.
- PayFort / Amazon Payment Service: Global standard security.
- CCAvenue: Comprehensive features.
- CyberSource: Enterprise level reliability.
- Paytabs: Simple integration for startups.
Conclusion
Usage of payment gateways is rapidly increasing. It helps eCommerce platforms for easy payments and ensures the customer’s money securely reaches the merchant’s account.