In this article, we’ll answer what a payment gateway is, why you need one, and what the best one for your business is. A payment gateway is an e-commerce service that processes credit card payments for traditional and online stores. This software makes a transaction possible by communicating information about it.
A cash discount program relates to the methods merchants are applying in their businesses to pass the costs of accepting credit and debit cards to their customers or cardholders. The merchants raise their prices through simple conspicuous signage in the business location and offer discounts to the customers who make cash purchases.