What is MasterCard payment gateway?

15 Mar 2022 By PAYCEC

A MasterCard payment gateway is a piece of software that allows businesses to accept MasterCard payments from clients. The word refers to both physical card-reading machines seen in physical retail outlets and payment processing portals found in internet retailers.

The payment industry has matured in the era of digital practice. Consumers are demanding more from online companies as well as small businesses. Mastercard payment gateway is a credit/debit card processing gateway that enables client companies to accept card checkouts from their customers via a connection point within the payment journey. From that, consumers can purchase products and services while companies can get paid easily.

Mastercard online payment gateway normally refers to e-commerce transactions where payment activities happen on online platforms or digital mobile apps. The technology captures data of Mastercard credit card information that customer input on the checkout process. Mastercard online payment gateway is used in online transactions or card nonpresent payments.

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