Payment Gateway in Pakistan
A payment gateway is vital for secure online transactions between customers and businesses in Pakistan. It acts as a digital intermediary, encrypting and transmitting payment details from the customer to the merchant’s acquiring bank, and then returning the transaction result. This technology ensures sensitive data, such as credit card information, is handled securely. By managing transactions in real-time, payment gateways support various payment methods, including credit/debit cards, digital wallets, and bank transfers, while adhering to high security and compliance standards crucial for the growing Pakistani e-commerce market.
