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The Role of Secure Payment Gateways in Transactions
2024-07-18 • 5 min read
Sahar Butt
Contents
Table of Contents
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What is a payment gateway and what makes it important for banks and financial institutions (BFSIs)?
Types of payment gateways
Why are payment gateways important?
Implementing a secure payment gateway: Procedure, best practices, and challenges
Procedure
Challenges and mitigation practices
Benefits of payment gateways
Use cases and examples
PayPal
Stripe
Square
Barclays
Upholding payment security with gateways
Secure payment gateway integration is essential for banks and financial institutions in the current era to prevent fraudulent transactions.
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