Payment Gateway, Payment Processor and Payment Security Explained
Confused by payment gateways and processors? This video breaks it down in simple terms, with clear examples to help you understand:
The key differences: Gateways collect & verify info, Processors handle the nitty-gritty.
How they work together: See the seamless flow from customer checkout to your bank.
Why security matters: Dive into tokenization & encryption - your customers' data is safe with you!
Plus, bonus tips:
Choosing the right providers: Find the perfect fit for your business needs.
Avoiding common pitfalls: Stay secure and compliant.
Whether you're a business owner, developer, or just curious, this video is your one-stop shop for understanding payment processing!
Keywords: payment gateway, payment processor, online payments, credit card processing, ecommerce, security, tokenization, encryption, online business, small business
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Timestamps -
00:00 - Introduction
01:06 - Payment Gateways
02:12 - Encryption
02:30 - Tokenization
02:45 - Encryption vs Tokenization
03:36 - Payment Gateway Working
05:55 - Payment Processor
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