Checkout vs Payment Gateway: What's the Difference?

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bitheerani42135
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Joined: Tue Dec 03, 2024 3:00 am

Checkout vs Payment Gateway: What's the Difference?

Post by bitheerani42135 »

smartphone with moneyAs you already know, checkout is the final process of purchasing in an online store, where the customer checks the products, enters their information, chooses between payment methods and completes the purchase.

It is an essential step in the user experience, where the user can be converted from a visitor to a customer.

The payment gateway works behind the scenes, when processing the payment.

It acts as a bridge between the merchant and financial spain mobile database (such as banks and credit card companies), ensuring that payment data is transmitted securely and that the transaction is approved.

The payment gateway encrypts sensitive information and verifies the validity of funds before confirming the purchase.

In short, checkout is the process by which the customer completes the purchase, while the payment gateway is the technology that processes the payment securely.
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