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A payment gateway facilitates the transfer of information between a payment portal (such as a website, mobile phone or IVR service) and the Front End Processor or acquiring bank. When a customer orders a product from a payment gateway enabled merchant, the payment gateway performs a variety of tasks to process the transaction.


If you're confused about ecommerce or looking for a one stop payment processing and merchant account solution, check out Payleap.

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Q: What are the Difference between a payment gateway and a payment portal?
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