Okuzeka
E-commerce vocabulary · Payments and Fraud Prevention

Payment gateway

Meaning in e-commerce, with examples

nounCore term

In e-commerce, payment gateway means: A service that securely sends a customer's card or other payment details from the online store to the banks and returns whether the payment is approved.

In Turkish: ödeme altyapısı, ödeme geçidi, sanal POS

How it is used

Used by developers, finance teams and store owners when choosing or connecting a payment provider. You integrate a payment gateway, switch to a new one or compare their fees. People also say payment provider or payment service provider (PSP).

Example sentences

  1. The payment gateway was down for twenty minutes, so no card payments went through.

  2. We need a payment gateway that accepts cards from Europe and the Gulf.

Common collocations

  • integrate a payment gateway
  • payment gateway fees
  • switch payment gateways
  • payment gateway provider
  • payment methodA way a customer can pay for an order, such as a credit or debit card, bank transfer, digital wallet or cash on delivery.
  • 3D SecureAn extra security step for online card payments in which the card's bank asks the customer to confirm the purchase, for example with an SMS code or a banking app.
  • PCI DSSShort for Payment Card Industry Data Security Standard: the security rules that any business that stores, processes or sends card data must follow.
  • fraud detectionChecking orders and payments for signs of fraud, such as stolen cards or fake accounts, often with software that gives each order a risk score.
  • chargebackThe reversal of a card payment after the cardholder disputes it with their bank, for example claiming the item never arrived or the payment was fraudulent.

More terms: Payments and Fraud Prevention

Practise with graded reading

Reading at the right level is the fastest way to make new words stick. Pick free English books by level: