If you want to maximize your revenues going forward, you need to provide an array of digital payment options to potential customers that include a payment gateway and a payment processor. But what are they and how do we differentiate between them?
Some people know what a payment gateway is but do not know its types. Let us walk you through the differences between the two to make the pick for your business needs easier.
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An online payment gateway is a tunnel that connects your bank account to the platform where you need to transfer your money.