What is a gateway?
A Gateway refers to a service provided by financial institutions that will, for a fee, automatically verify and debit your customer’s credit card and automatically credit your bank account. You must have a merchant account with the credit card company prior to using third party Gateway Processing companies.
A gateway is literally “a door to information.” It is a web site that acts as a doorway or introduction to many other Web sites that are often grouped into categories. The objective of this Gateway is to provide a single website that provides access to legal content and research resources for Pacific Island countries.
A gateway (authorize.net, Linkpoint, Paypro, etc.) provides a link from your website or shopping cart to your merchant account. It also provides a virtual terminal that can be used to manually enter credit card transactions via the Internet. An Internet/Mail order Phone Order merchant account does NOT work without a gateway. Paybyweb has been an Authorize.net Reseller for over 10 yrs.
A card-processing Gateway is a web site that takes a TCP card transaction from your web site, adds a fee, and forwards it to the merchant processor. dgCharge communicates directly with the merchant processor and thus bypasses the Gateway and the additional fees. Some popular Gateways are: Authorize.net , E-Commerce Exchange, Epoch, EProcessing Network, GoRealTime, Ibill, Netbilling, Paycom.net, Payready.net, Planet Payment, PSIGate, Skipjack, Verisign.