SlideShare a Scribd company logo
Submitted By
Sachin Garg
(Haryana)
MCA180010120016
INTRODUCTION
 A payment gateway is a software program
integrated to a merchant's website to transmit
transaction data to:
 Credit Card
 Net Banking
 Mobile Payment
 Application wallet
acquirer for authorization and settlement
MCA180010120016
• It includes whether there are
sufficient funds available, whether the
details all matched correctly and
whether the has been any fraudulent
activity.
• In order to check these details,
the Payment Gateway will
communicate with the Card
Schemes and Issuing Banks.
• And then report back with its
findings and relevant transaction
response.
MCA180010120016
 Merchants gain the ability to perform
real-time Credit Card authorizations from a
web site over the Internet.
 Customers can pay for
purchases across the Internet
through Credit Cards within
seconds, after the gateway obtains
authorization from the Credit Card
institutions.
USES OF ONLINE PAYMENT:-
MCA180010120016
EXAMPLE
Payment gateway protect credit
card details encrypting sensitive
information such as credit card
number, CVV etc
To insure that information passes
securely between the customer and
the merchant and also between the
merchant and the payment process.
MCA180010120016
TRANSACTION PROCESS
CONTI…..
SECURITY
 Customer is usually required to enter
personal details, the entire
communication of 'Submit Order' page
is often carried out through HTTPS
protocol.
 To validate the request of the
payment page result, sometimes the IP
of the requesting server has to be
verified.
THANK
YOU

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online Payment gateway

  • 3. INTRODUCTION  A payment gateway is a software program integrated to a merchant's website to transmit transaction data to:  Credit Card  Net Banking  Mobile Payment  Application wallet acquirer for authorization and settlement MCA180010120016
  • 4. • It includes whether there are sufficient funds available, whether the details all matched correctly and whether the has been any fraudulent activity. • In order to check these details, the Payment Gateway will communicate with the Card Schemes and Issuing Banks. • And then report back with its findings and relevant transaction response. MCA180010120016
  • 5.  Merchants gain the ability to perform real-time Credit Card authorizations from a web site over the Internet.  Customers can pay for purchases across the Internet through Credit Cards within seconds, after the gateway obtains authorization from the Credit Card institutions. USES OF ONLINE PAYMENT:- MCA180010120016
  • 6. EXAMPLE Payment gateway protect credit card details encrypting sensitive information such as credit card number, CVV etc To insure that information passes securely between the customer and the merchant and also between the merchant and the payment process. MCA180010120016
  • 9. SECURITY  Customer is usually required to enter personal details, the entire communication of 'Submit Order' page is often carried out through HTTPS protocol.  To validate the request of the payment page result, sometimes the IP of the requesting server has to be verified.
  • 10.