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A Beginner's Guide to Payment Gateways

SourceSage explores payment gateways and why the right one is essential to your B2B marketplace
By Ai Shi Li

November 5, 2020

What is a Payment Gateway?

In simplest terms, a payment gateway is just that. A gateway for your payment to be processed! It is a software application that processes payments on a website while encrypting information so that it can be passed securely from the customer, merchant and acquiring bank. Examples of payment gateways are PayPal, Stripe, Xfers and GrabPay.

A good gateway will be able to process many different forms of payment and accommodate all customers- especially customers that are businesses buying from other businesses.

How Are Online Payments Processed?

Popular Payment Gateways Used in Singapore

Below you will fine payment processors most frequently used by online merchants as well as their transaction fees if able to be fetched online.

Cross-Border Payments and Their Increasingly Important Role

Taking procurement and commodities online is only the first step. To be an active and successful contender in the global trade market, one's firm must have means to facilitate payments around the world. This is not an easy task as etcetcetce

What Payment Gateway is Right for Your Marketplace?

SourceSage and Payment Gateways

Swoop in with SourceSage mission RE payment

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