What is secure payment gateway?

21 Feb 2022 By PAYCEC

The secure payment gateway provides payment services with a high standard of protection in online business. This system carries out transactions and verifies, accepts or declines payments transactions on behalf of a merchant. 

Most secure payment gateways can do this in a matter of seconds by following these steps:

Encryption: A secure payment gateway will encrypt (encode for private use) data for exclusive usage between the seller and the buyer - between the user's browser and the retailer's server.

Request: When a payment processor receives approval from a credit card company or financial institution to proceed with a transaction, it is known as an authorization request.

Fulfillment: Once the payment gateway has received authorization, the website and user interface can move on to the next step.

Payment gateways should ensure that merchants always get paid when a purchase is made, reducing the risk of fraud and credit risk.

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We are honored to serve as your reliable business partner and financial service provider in the industry and other business-related services. With the help of our professional staff, to help merchants to achieve their goals for the development and expansion of the international business market.

Our payment flow has developed in the e-commerce world to perform seamlessly and effectively across all platforms and devices. We take pleasure in combining technology with customer service, to solve your concerns at the moment.

PayCEC is a fully worldwide payment network that not only allows merchants to be paid immediately and securely, but also allows them to withdraw money in multiple currencies to their company accounts.

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