word

Payment Gateway

PAY-munt GAYT-way

/ˈpeɪmənt ˈɡeɪtweɪ/

Listen

Hear it in a clear American voice. Slow it down to catch each syllable.

Syllable breakdown

paymentgateway

Dictionary meaning

A technology service that authorises and processes credit card, debit card, or other payment transactions for online and brick-and-mortar merchants, acting as the intermediary between the merchant's website or point-of-sale system and the acquiring bank or payment processor to securely transmit transaction data.

Examples

The e-commerce site integrated a payment gateway to accept Visa, Mastercard, and PayPal at checkout.
A faulty payment gateway configuration caused transaction failures for thousands of customers during the sale event.

Synonyms: payment processor, online payment service, card processing gateway

Learn one new pronunciation a day

Get a word, name or idiom like “Payment Gateway” in your inbox — daily or weekly, free. Unsubscribe any time.

Something wrong? Suggest a correction