We allow merchants to accept mobile and on line payments from buyers worldwide. In some cases, the payment gateway and payment processor are combined into a single service recognized by either name. We’ll explore the charges later, but now, ahead of you start out considering about choosing a certain payment provider, it really is important to understand some on-line payment terminology, which includes payment provider. On the online payment form that seems, the visitor enters their credit card facts then submits the transaction request. A payment gateway is a service that receives the on line payment request from your website and directs it to the payment processor.