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A payment gateway is a technology or service that securely authorizes and processes online payments between a customer, an e-commerce website, and the financial institutions involved in the transaction. It acts as an intermediary between the customer and the merchant, enabling payments through credit cards, debit cards, net banking, UPI, mobile wallets and other digital payment methods. In e-commerce, a payment gateway is an essential component because it provides a secure mechanism for transferring payment information and confirming whether a transaction has been approved or declined. The payment gateway process generally involves several steps: 1. Customer places an order: The process begins when a customer selects products or services on an e-commerce website or mobile application and proceeds to checkout. The customer enters the required delivery details and selects an available _________ ______ __________ _____ ___ ______ ______ ___.
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