A payment gateway is a software service that facilitates transactions between a customer and a merchant by transmitting payment information securely over the internet. Payment gateways act as a bridge between the merchant’s website and the bank that processes the payment. In simpler terms, they provide the technology enabling customers to pay online on a website.
Using a payment gateway has several benefits, including:
When a customer makes a payment on a merchant’s website, the payment gateway processes the transaction by encrypting the payment information, then sending it to the acquiring bank, verifying the transaction and transferring the funds from the Customer’s bank account to the merchant’s account. The payment gateway then returns a response to the website indicating whether the transaction was successful or declined.
PCI DSS (Payment Card Industry Data Security Standards) is a set of international security regulations developed by card schemes to safeguard credit and debit card transactions and prevent the misuse of cardholders’ personal information. Any business that accepts, stores, processes, and transmits sensitive card information must comply with PCI DSS to effectively prevent fraud.
PCI DSS compliance aims to establish a secure environment for processing online payments and protect sensitive cardholder data. Compliance requirements ensure that businesses adhere to strict security standards and best practices, including network security, access control, encryption, and vulnerability management.
By complying with PCI DSS regulations, businesses can demonstrate their commitment to maintaining a secure payment environment and safeguarding their customers’ personal information. It also helps to minimise the risk of financial losses due to fraud or data breaches.
To ensure online payments’ continued safety and security, businesses must stay up-to-date with PCI DSS compliance requirements. We can help you with PCI DSS compliance.
With our fully integrated API-based payment gateway, you can control the payment process completely. We provide customisable integrated solutions tailored to your requirements, ensuring customers a seamless payment experience. By taking control of the payment process, you also assume responsibility for achieving PCI DSS compliance.
We provide end-to-end support for your payment gateway. In addition, our eCommerce consultants are readily available to assist you with any issues related to your gateway solution quickly and efficiently. As a result, we ensure that you always get the maximum benefit from your technology.
To start accepting payments through a payment gateway, you may need several things, including a UK business bank account, a website with terms and conditions (if you plan to trade online), and management accounts with a profit and loss projection for at least six months.
Choosing the right payment gateway is essential to provide your customers with a seamless and secure payment experience. As a payment gateway provider, we understand the importance of transaction fees, security features, ease of use, and compatibility with your website platform. We offer reliable support and robust fraud prevention tools to safeguard your business and customers’ sensitive data.
Our payment gateway complies with the Payment Card Industry Data Security Standards (PCI DSS), ensuring that your transactions meet the highest security standards. With our solution, you can provide your customers with a fast, secure, and seamless payment experience while protecting your business from potential fraud.
If you need help accepting payments for your online business, schedule a free consultation with our merchant services team today.
Fill out our form, and we will get back to you as soon as possible.
As a Merchant Service Provider located in Nottingham, we pride ourselves on taking a unique approach. We offer something that many providers shy away from: a clear and transparent selection process that’s upfront and honest.
Suite 14
Arnold Business Centre
Brookfield Road
Arnold
Nottingham
NG5 7ER.
0333 0903540