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What are gateway services?

By Zippia Team - Feb. 1, 2023

Gateway services are payment services that process credit cards online through e-commerce sites or in person at a credit card machine. Gateway services are often provided, but for an additional fee. This fee may be waived depending on the website or whether or not you bank where you are using the machine.

Gateway services are especially important for online transactions. They help to verify credit card information for customers. During transactions, gateway services securely authorize transactions to ensure a merchant is paid.

Typically, the fees paid on gateway services are not paid for by customers when referring to online transactions. Often, the services have a flat rate monthly fee and then a low transaction fee. Paypal, a common gateway service, has a basic service with no monthly fee and a premium one for $25 monthly.

What are gateway services?
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