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Difference Between Payment Gateway and Payment Processor

Are you confused about the payment gateway and payment processor? The payment gateway and the payment processor are two entirely different things. The payment processor is the platform where which helps to communicates between a merchant and issuing bank and acquiring bank. A payment gateway is a tool that transmits payments between the customer’s bank and yours. To know the difference between these two terms, let's check our blog.

 

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Uploaded on April 20, 2021