Payment Gateway
Definition & Industry Concept
A merchant service infrastructure that verifies credentials, encrypts sensitive cardholder data, and safely routes transactional data between ecommerce frontends and acquiring processors.
💡 Practical Market Application
Stripe and Adyen serve as modern payment gateways processing global multi-currency checkout sessions with 3D Secure verification.
Hold 40+ currencies, send global payments at true mid-market exchange rates, and obtain local account details for international client settlements.