A payment gateway facilitates a payment transaction by the transfer of information between a website and an acquiring bank. The payment gateway may be provided by a bank or by an independent payment service provider.
Security is critical to all payment gateways, as sensitive data such as Credit Card Numbers must be protected from any hackers. A set of rules and security standards called the Payment Card Industry Data Security Standard (PCI-DSS or PCI) is enforced by all our payment gateways.
Payment gateways are responsible for the KYC so they may ask you to verify your identity. This is part of the anti-money laundering regulations imposed to financial services.
When starting a new business we recommend Stripe as a payment gateway, as they will activate your account immediately and start asking for documents when you accept over 1,500€. Note that with Stripe your funds are transferred to your bank account 7 days after your customer made the payment.
You can connect your Stripe account in just one click. It’s quick and simple !
If you want to connect a different payment gateway, please, get in touch with our team.