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A payment gateway for e-commerce is a fundamental component that enables secure and swift online transactions. Acting as a virtual terminal, this technology securely transmits transaction data between the customer and the merchant's bank, verifying the payment's legitimacy and authorizing the purchase. To meet the diverse needs of different businesses, payment gateway providers offer a range of features, including multi-currency support, subscription billing, and real-time reporting. Selecting the right e-commerce payment gateway is vital for any online business, as it directly impacts customer satisfaction and business growth.
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