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What is a payment gateway and how does it work?

A payment gateway is what keeps the payments ecosystem rolling smoothly, as it enables online payments for consumers and businesses. If you’re an online merchant, you don’t need to be a payment gateway expert, but it’s worth understanding the basics of how an online payment flows from your customer to your bank account.

This article explains what is a payment gateway, how it works, why an online merchant needs one and how to choose which payment gateway service is right for your business.

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