No matter how great your eCommerce shop looks, you never reap any of the benefits unless you get a prospective customer to make an actual purchase. Your site visitors will never make a purchase unless they feel like they can trust you 100% with their financial information.
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There is a lot of confusion between the terms payment gateway and payment processor when it comes to online stores. Though each one plays a role in the chain of action that makes up payment processing, the lines between the two can become blurry.
Let’s do a quick rundown on payment gateways and processors and then focus on the different types of payment processors available to you. Click here to continue reading…