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Business Dictionary

Navigate through the most commonly used words, terms and jargons in Ecommerce.
From retail and enterprise to branding and entrepreneurship, you’ll find everything you need to know about building a successful business.

Payment Gateway

This is a software on a platform that secures electronic payments being made by your buyers to you, by encrypting the sensitive information. While there are global payment gateways such as Paypal, each country also has their own choice of popular payment gateways in each market.

Your Shopmatic account can be integrated to locally relevant payment gateway options as well as with international solutions such as PayPal. This allows you to accept payments from buyers anywhere and give them multiple different ways to pay for their purchases. They can use credit cards, debit cards, peer to peer payment, netbanking, etc based on the payment solution that you integrated. Orders are more real and have less opportunities of being cancelled when customers have already made the payment online.

This makes selling easy and efficient anywhere you like, using Shopmatic Chat, Shopmatic Social or Shopmatic Webstore or Shopmatic Webstore.

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