Online payment gateways acts as a platform for monetary transaction between website, consumer and bank. Information about the anatomy of online payment has been briefed over here. For more information on online payment gateway, visit: https://www.emvantage.com/

1. Understanding Online
Payment Gateways
Presented By:
Rutuparna

2. Online Payment Gateway: An Overview
Online Payment for any purchase that is made over the
net makes things simpler and saves time.

3. Online Payment Gateway : An Overview
Online Payment Gateway is an application service
provider that facilitates online transactions through
Credit Card, Debit Card or Internet Banking.

4. Anatomy Of Online Payment
For making payment online, we
need:
 A Merchant Account
 An Account with the Service
Provider
 A button such as Buy, Join on
the webpage so as to initiate
the transaction.

5. Anatomy Of Online Payment
The visitor clicks on buy button and then fills credit
card information, on clicking the pay button, a
transaction request is made.

6. Anatomy Of Online Payment
The transaction request is transmitted to the payment
gateway in encrypted form. The payment gateway then
confirms about purchaser’s details using payment
processor.

7. Anatomy Of Online Payment
If the credentials are correct and funds are available in
then transfer of money between bank and merchant
account is initiated. The transaction status is sent to the
user after transaction is completed.

8. Conclusion
Including online payment in the website , makes it easier
for buyer to purchase products/services without having
to make extra effort to make payment.
Online Payment Gateways provide with a platform to
carry out online transactions securely.

9. Thank You