Digital payments have become a backbone of today’s economy – in 2024 the global volume of online payment transactions reached 1.2 trillion, a 12% jump from the previous year. The rise of online commerce has made understanding payment systems crucial. Payment Gateway APIs are now central to this ecosystem, facilitating secure online transactions. In plain […]
What Is a Payment Gateway? A payment gateway is a technology that enables merchants to accept debit or credit card purchases from customers online or in-store. Acting as a secure bridge between the customer, the merchant, and the payment processor, the payment gateway plays a critical role in the authorization and encryption of payment information. […]
You are probably paying more than you need to. A few percentage points may seem minor on paper, but over hundreds or thousands of transactions, the cost difference can be staggering. For most online businesses, accepting payments is non-negotiable. But what many merchants overlook is just how much payment gateway fees can eat into their […]