Payments & E-commerce Terms

Part of the TECKnet Technology Dictionary.

How card and bank payments move from a customer to a business: gateways, processors, merchant accounts, fees, PCI DSS and chargebacks.

1 term

P

Payment Gateway

A payment gateway is the service that securely passes a customer's card or bank payment details from a website, app or terminal on for approval, then returns the…

Jargon

Have a question these definitions don't answer?

Ask TECKnet See our services