InstaBill.com becomes your online retailer. We then provide the following retail services:

How does a Payment Gateway works?

Internet Payment Gateways make real time online credit card processing possible. The data is sent to the gateway via shopping carts and a secure server. When a credit card transaction is made, the payment gateway checks for validity, encrypts the transaction details, ensures its departure to correct destination and decrypts the responses that are sent back. It is very useful for e-commerce businesses.

How an Internet Payment Gateway works

The internet payment gateway automates the transactions between the customer and the merchant. The payment gateway performs various tasks for the transaction process. Some of them are given below:

• Encryption – once a customer places an order through a website, the browser encrypts that information through a secure server encryption.
• Payment Server – the information sent back by the merchant is sent to a relevant bank which acquires that information and then sends back the transaction information for authorization to the card issuing bank.
• Authorization – that bank then sends back an authorization request, either acceptance or denial, to the payment gateway.
• Confirmation – the internet payment gateway then sends back the relevant information to the website and the customer respectively.
• Fund Deposit – the acquiring bank then deposits the funds into the merchant’s account.
• Reporting – because of the internet payment gateway facility, the merchants can view their fund report online or download it for their convenience. 

This may seem like a long process, and it is, but it takes only a few seconds.

For a merchant, doing business online has now become an easy process. Internet payment gateway allows the business owner to process all kinds of credit cards online.

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